Property profile

124 Market Sq Cambridge, MD 21613

OFF-MARKET
Strip malls
Property ID
US40-1625083
17,204 SF 1.35 ac lot Built 1950
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial unit located in Cambridge, Maryland 21613, Dorchester County, with convenient access to US Route 50 and Downtown Cambridge. The interior configuration includes a reception area, multiple private offices or rooms, and a large conference room or executive office, along with a kitchenette and two private restrooms. The unit provides rear access to a loading dock to support deliveries. The space is configured to support professional uses, including office and medical-related office activities. The building exterior includes refreshed landscaping and a sealed parking lot, with cosmetic exterior and interior upgrades reported; the surrounding building tenant mix includes professional service users such as attorneys, accountants, real estate professionals, and a full-service print shop.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1950
Construction BRICK
Total area 17,204 SF
Lot 1.35 ac (58,806 SF)
Zoning code I-2
APN 07-134126
UPID US40-1625083

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Weight Loss Service

Location

124 Market Sq Cambridge, MD 21613-1860
Cambridge metro Census 970400 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2000
$725,000

Zoning & alternative use

I-2 · Cambridge, MD

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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