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Property profile & analytics
OFF-MARKET
Warehouses

1204 Goodwill Ave Cambridge, MD 21613-2974

4,606 SF 5.94 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US40-1751885
Property summary
AI-generated overview

This exceptional 5.95-acre industrial property in Cambridge, Maryland, presents a unique investment opportunity. The main structure boasts approximately 4,606 square feet of robust double-block construction, ideal for a variety of industrial uses. The property's zoning designation is Industrial, falling within the Cambridge city limits and the advantageous Cambridge Enterprise Zone. Adding to its appeal, approximately two acres of the land have recently undergone significant improvements. These enhancements include the installation of a new fence and substantial hardscaping, encompassing grading and the application of crush and run material. This prepared area significantly enhances the property's functionality and usability. The property's strategic location and substantial size make it suitable for diverse applications, including service businesses, manufacturing operations, storage facilities, and more. Priced competitively within the current market, this property is expected to attract considerable interest. Its combination of size, improvements, and advantageous location makes it a compelling investment prospect. The existing infrastructure and prepared land area offer immediate operational potential, minimizing upfront development costs. This turnkey opportunity is ready for immediate occupancy and presents a rare chance to acquire a well-situated industrial property in a thriving area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 4,606 SF
Lot 5.94 ac (258,746 SF)
Zoning code GC
APN 07-159153
UPID US40-1751885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sleeping Lion LLC · 4 yrs held
Sleeping Lion LLC
since 2021
Last sale
$275,000
2 recorded transactions
2021
$275,000
2012
$291,000
Zoning & alternative use
GC · Cambridge, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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