Undisclosed Address In Cambridge Md 21613 Cambridge, MD 21613
Property profile & analytics
Undisclosed Address In Cambridge Md 21613 Cambridge, MD 21613
- Banks
- 8,388 SF
- 1.06 lot acres
Property ID
US40-1549359
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
- Summit Community Bank / Bank / Loan Service
- Benson and Mangold Real Estate Eastern Shore Homes / Real Estate Agency
- Melinda Madison, Benson & Mangold, LLC / Real Estate Agency
Property Details for Undisclosed Address In Cambridge Md 21613
- Year built
- 1986
- Construction
- BRICK
- Lot size
- 1.06 lot acres
- Property size
- 8,388 SF
- Zone code
- R-4
- Property type
- Banks
- APN
- 07-118694
- APU
- 7118694
Description
This exceptional investment opportunity presents a multi-tenant retail property in Cambridge, Maryland, currently occupied by a strong regional bank. Located on 1.06 acres at 301 Crusader Rd, 21613, this 8,000 square foot building boasts 5,150 square feet of net rentable space, offering a compelling return. The property, built in 1986 and extensively renovated in 2021, features a desirable Corridor MixedUse zoning. The asking price is $1,150,000, representing a current cap rate of 3.49% and a pro-forma cap rate of 9.31%. The current NOI is $40,143, with a pro-forma NOI of $107,034. The property benefits from a prime location, just two minutes from historic downtown Cambridge and less than a minute from the newly developed Cambridge Marketplace, home to Starbucks, Chick-fil-A, and the University of Maryland Shore Medical Center. Recent improvements include landscaping, parking lot resurfacing, new HVAC units, and a complete interior remodel of the bank in 2021. The tenant, a well-established regional bank, provides a high credit tenant with a long-term lease (NNN) and a high barrier to entry, ensuring a stable and potentially lucrative investment for years to come. The property's strong location and recent upgrades make it an attractive investment opportunity with significant upside potential. The price per square foot is $143.75.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $975,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,380,000
- COMMERCIAL (GENERAL)
- $1,200,000
- OFFICE BUILDING
- $1,130,000
- WAREHOUSE, STORAGE
- $705,000
- AUTO REPAIR, GARAGE
- $630,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Dorchester
- State
- Maryland
- Longitude
- -76.0628
- Latitude
- 38.5652
- 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
$11,776
$0.00
$0.00
$637,133
-
$196,600
$460,000
$656,600
