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    Property profile & analytics

    2804 Gypsy Hl Rd Cambridge, MD 21613-3413

    • Office buildings
    • 3,792 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    $825,000
    Last Sale
    Mar 04, 2021
    $700,000
    Location Intelligence
    Property ID
    US40-1113470
    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

    • Choptank Engines / Auto Machine Shop

    Property Details for 2804 Gypsy Hl Rd

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.00 lot acres
    Property size
    3,792 SF
    Zone code
    IND
    Property type
    Office buildings
    APN
    07-192134
    APU
    7192134

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $955,000

    • CAP approach

      CAP return
      Estimation
      6%
      $720,000
      6.5%
      $610,000
      7%
      $615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $590,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $795,000
      Retail
      $645,000
      Mixed-Use
      $655,000
      Hospitality
      $650,000
      Educational
      $845,000
      Residential Income
      $785,000
      Energy
      $615,000
      Income-Based Land
      $760,000
      Food Service
      $670,000

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0543
    Latitude
    38.5492
    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
    $12,123
    $120,000
    $535,900
    $655,900
    -
    $120,000
    $535,900
    $655,900

    Comparable in this City

    • Value Estimation by Request
      3,992 SF

      403 Academy St

      OFFICE BUILDING • 3,992 SF
      403 Academy St, Cambridge, MD 21613-1808
      View Details
    • Value Estimation by Request
      3,375 SF

      112 Brohawn Ave

      OFFICE BUILDING • 3,375 SF
      112 Brohawn Ave, Cambridge, MD 21613
      View Details
    • Value Estimation by Request
      2,694 SF

      436 Race St

      OFFICE BUILDING • 2,694 SF
      436 Race St, Cambridge, MD 21613-1836
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    • Value Estimation by Request
      2,943 SF

      Bucktown Rd

      OFFICE BUILDING • 2,943 SF
      Bucktown Rd, Cambridge, MD 21613
      View Details
    • Value Estimation
      $195,000
      1,148 SF

      405 Dorchester Ave

      OFFICE BUILDING • 1,148 SF
      405 Dorchester Ave, Cambridge, MD 21613-2421
      View Details
    • Value Estimation
      $150,000
      1,440 SF

      3020 Ocean Gtwy

      OFFICE BUILDING • 1,440 SF
      3020 Ocean Gtwy, Cambridge, MD 21613-3405
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Cambridge Office Building - Prime Location

      960 sq ft Office, High Traffic Area, Parking.
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      High-visibility office, excellent location.
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    Similar Nearby for Lease

    • Contact for pricing
      61,714 SF

      Historic Landmark Office Space Available

      60,000 SF reimagined industrial space in Cambridge, MD.
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    • $16 SF/Yr
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      Cambridge MD Office Space Available

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      Retail/Office Space on Route 50

      Open retail or office space with high visibility location.
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    • $1,500 /Mo

      Remodeled Office and Retail Space

      Remodeled storefront with office space, storage, and high-speed internet.
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    • $2,500 /Mo

      Professionally Decorated Office For Lease

      Leasable office space featuring private offices, conference room, and kitchen.
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    Cambridge, MD 21613-3413
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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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