1204 Goodwill Ave Cambridge, MD 21613-2974
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Cambridge, MDCambridge. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.