203 Sunburst Hwy Cambridge, MD 21613-2038
Property profile & analytics
203 Sunburst Hwy Cambridge, MD 21613-2038
- Office buildings
- 2,656 SF
- 0.14 lot acres
Property ID
US40-0036844
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.
Location Intelligence
Current Use by Public Records
- Terrific T's Learning Center LLC / Daycare Center / Foster Care Service
Property Details for 203 Sunburst Hwy
- Year built
- 1937
- Construction
- BRICK
- Lot size
- 0.14 lot acres
- Property size
- 2,656 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 07-177631
- APU
- 7177631
Description
This prime retail storefront, located at 203 Sunburst Hwy, Cambridge, MD 21613, presents a compelling investment opportunity. The 4,000 square foot building, constructed in 1930 and renovated in 2006, sits on a high-traffic section of US Route 50, boasting visibility to approximately 35,000 cars daily. Currently operating as a fully leased, single-tenant property with a net rentable area of 3,850 square feet, the property offers a strong 6.00% cap rate at an asking price of $549,000 ($137.25/sq ft). The lease is a Net Net Plus (NN+) type, with a four-year term commencing August 31, 2020, and expiring August 30, 2024. The property is zoned C and features two units within a four-story building. Its strategic location within a designated Opportunity Zone and HUB Zone in Dorchester County adds significant investment appeal. The space is well-suited for professional office use, including a reception area, conference room, and multiple offices. This is a rare opportunity to acquire a high-performing, fully leased retail property in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Dorchester
- State
- Maryland
- Longitude
- -76.065
- Latitude
- 38.5679
- 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
$6,571
$0.00
$0.00
$355,500
-
$125,000
$243,500
$368,500
