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Property profile & analytics
OFF-MARKET Estimated value $595,000
Retail space

3121 Ocean Gtwy Cambridge, MD 21613-3408

4,000 SF 1.78 ac lot Built 1985
Individually Owned Absentee Owner Free & Clear
Property ID
US40-1650736
Property summary
AI-generated overview

This exceptional 4,000 square foot office building presents a compelling investment opportunity in Cambridge, MD. Situated on a generous 1.78-acre lot, the property boasts significant potential for expansion, with the possibility of adding onto the existing structure or constructing a separate building on the ample land. The property benefits from dual access points, providing convenient access via Route 50 and Airey's Spur Road, enhancing its accessibility and visibility. Currently occupied by a reliable commercial tenant with a proven history of on-time rent payments, this asset offers immediate cash flow and long-term stability. Detailed rental history is available upon request. The property's development is also compliant with the "Reach the Beach" development restrictions, ensuring future development possibilities within established guidelines. The owner is willing to grant access to an adjoining property, further enhancing the potential for expansion or development. This prime commercial property offers a unique blend of immediate income generation and significant future growth potential, making it an ideal investment for discerning buyers. The location provides excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. This is a rare opportunity to acquire a well-located, established commercial property with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction BRICK
Total area 4,000 SF
Lot 1.78 ac (77,537 SF)
Zoning code B-2
APN 14-011609
UPID US40-1650736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Artwell Sales Co Moving Company
  • Shattered Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$596k
Blend (final) Blend
$595k
Owner & transaction history
DUANE P DIETER
DUANE P DIETER
Zoning & alternative use
B-2 · Cambridge, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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