Technical
Financial
Distress signals
Property profile

1204 Goodwill Ave Cambridge, MD 21613

OFF-MARKET
Warehouses
Property ID
US40-1751885
4,606 SF 5.94 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Location

1204 Goodwill Ave Cambridge, MD 21613-2974
Cambridge metro Census 970600 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2021
Last sale
$275,000
2 recorded transactions
2021
$275,000
2012
$291,000

Zoning & alternative use

GC · Cambridge, MD
Zoning description

The General Commercial district (GC) is applied to areas of the city to accommodate a variety of commercial uses including in areas that may benefit from orientation to the highway and access to regional transportation.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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