Property profile

405 Cherry St Cambridge, MD 21613

OFF-MARKET
Commercial land
Property ID
US40-0833693
2,705 SF 0.33 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.33-acre commercial land parcel presents a unique investment opportunity in the thriving city of Cambridge, Maryland. Located at 405 Cherry Street, this property is zoned for commercial use, offering significant potential for a variety of development projects. The convenient location within Dorchester County provides easy access to major transportation routes and local amenities, making it an ideal site for businesses seeking high visibility and accessibility. The asking price for this strategically positioned lot is $120,000. With its generous size and prime commercial zoning, this property is well-suited for a range of commercial ventures, from retail establishments and office spaces to light industrial uses. The property's address is 405 Cherry St, Cambridge, MD 21613. Its precise coordinates are latitude 38.5687154 and longitude -76.0747816. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. Don't miss this chance to acquire a valuable piece of commercial real estate in a dynamic and growing market. The property is ready for immediate development, presenting a streamlined path to realizing your commercial vision. This is a rare opportunity to secure a well-located, commercially zoned lot at an attractive price point.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 2,705 SF
Lot 0.33 ac (14,400 SF)
Zoning code C-2
APN 07-159056
UPID US40-0833693

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Company

Location

405 Cherry St Cambridge, MD 21613-1810
Cambridge metro Census 970400 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

Zoning & alternative use

C-2 · Cambridge, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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