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    Property profile & analytics

    2 Washington St Cambridge, MD 21613-2802

    • Manufacturing properties
    • 56,180 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US40-1168559
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Caldwell Casting Co / Foundry
    • Performance Metals / Machine Shop / Tool & Die Shop

    Property Details for 2 Washington St

    Year built
    1939
    Construction
    BRICK
    Lot size
    1.60 lot acres
    Property size
    56,180 SF
    Zone code
    I-2
    Property type
    Manufacturing properties
    APN
    07-159978
    APU
    7159978

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $655,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $570,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $550,000
      Geo Method
      $580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $530,000
      Mixed-Use
      $500,000
      Hospitality
      $610,000
      Educational
      $560,000
      Residential Income
      $570,000
      Energy
      $455,000
      Income-Based Land
      $520,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0659
    Latitude
    38.559
    CBSA code
    15700
    CBSA name
    CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,974
    $32,000
    $345,300
    $377,300
    -
    $32,000
    $345,300
    $377,300

    Comparable in this City

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      MANUFACTURING (LIGHT) • 18,300 SF
      821 Chesapeake Dr, Cambridge, MD 21613-9401
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    • Value Estimation by Request
      186,813 SF

      903 Woods Rd

      MANUFACTURING (LIGHT) • 186,813 SF
      903 Woods Rd, Cambridge, MD 21613-9469
      View Details
    • Value Estimation
      $8,390,000
      219,293 SF

      904 Woods Rd

      MANUFACTURING (LIGHT) • 219,293 SF
      904 Woods Rd, Cambridge, MD 21613-9470
      View Details
    • Value Estimation
      $750,000
      15,780 SF

      822 Chesapeake Dr

      MANUFACTURING (LIGHT) • 15,780 SF
      822 Chesapeake Dr, Cambridge, MD 21613-9408
      View Details
    • Value Estimation by Request
      10,087 SF

      5461 Moose Ldg Rd

      MANUFACTURING (LIGHT) • 10,087 SF
      5461 Moose Ldg Rd, Cambridge, MD 21613-3514
      View Details
    • Value Estimation
      $385,000
      748 SF

      Trenton St

      MANUFACTURING (LIGHT) • 748 SF
      Trenton St, Cambridge, MD 21613
      View Details

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    2 Washington St
    Cambridge, MD 21613-2802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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