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    Property profile & analytics

    503 Race St Cambridge, MD 21613-2331

    • Office buildings
    • 6,884 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2023
    Location Intelligence
    Property ID
    US40-0930520
    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

    • Housing & Community Devment / State Government Office
    • Maryland Department of Housing and Community Development - Cambridge Office / State Government Office
    • US Veterans Employment Services / Employment Center

    Property Details for 503 Race St

    Year built
    1957
    Construction
    BRICK
    Lot size
    0.13 lot acres
    Property size
    6,884 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    07-116799
    APU
    7116799

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0778
    Latitude
    38.5681
    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
    $3,080
    $0.00
    $0.00
    $333,300
    -
    $27,500
    $315,600
    $343,100

    Comparable in this City

    • Value Estimation by Request
      1,022 SF

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    • Value Estimation by Request
      14,107 SF

      316 Cedar St

      OFFICE BUILDING • 14,107 SF
      316 Cedar St, Cambridge, MD 21613-2314
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    • Value Estimation by Request
      29,028 SF

      501 Ct Ln

      OFFICE BUILDING • 29,028 SF
      501 Ct Ln, Cambridge, MD 21613-1882
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    • Value Estimation by Request
      3,731 SF

      317 Crusader Rd

      OFFICE BUILDING • 3,731 SF
      317 Crusader Rd, Cambridge, MD 21613-2551
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    • Value Estimation by Request
      624 SF

      600 Roslyn Ave

      OFFICE BUILDING • 624 SF
      600 Roslyn Ave, Cambridge, MD 21613-2029
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    • Value Estimation by Request
      1,959 SF

      101 Hayward St

      OFFICE BUILDING • 1,959 SF
      101 Hayward St, Cambridge, MD 21613-1920
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,436 SF

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      Modern office building with ample parking and convenient location.
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    • $1,150,000
      1.06 Acres

      Cambridge MD Commercial Sale Opportunity

      Multi-tenant property near downtown Cambridge and redeveloped Cambridge Marketplace.
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    • $6,500,000
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      Cambridge Office Building For Sale

      Office building with 40,180 square feet available for sale.
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      Cambridge Office Complex For Sale

      Four-story office complex in Cambridge's central business district.
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    • $299,900
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      Cambridge Office Building - Prime Location

      960 sq ft Office, High Traffic Area, Parking.
      103 Cedar St, Cambridge, MD 21613
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    • Contact for pricing
      1.06 Acres

      Prime Cambridge Office Space

      Exceptional corner lot office, high visibility.
      Cambridge, MD 21613
      View Details

    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

      Spacious offices with amenities included in Cambridge, Maryland.
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      View Details
    • $3,400 /Mo

      Cambridge MD Class A Office

      Class A office space for lease in Cambridge, Maryland.
      5461 Moose Lodge Rd, Cambridge, MD 21613
      View Details
    • $875 /Mo

      Retail/Office Space on Route 50

      Open retail or office space with high visibility location.
      2919 Ocean Gtwy, Cambridge, MD 21613
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    • $17 SF/Yr
      46,174 SF

      Well-Located Cambridge Office Space

      Prime office space in Cambridge, MD, suitable for professional uses.
      301 Crusader Rd, Cambridge, MD 21613
      View Details
    • $14 SF/Yr
      104,544 SF

      Office and Garage/Warehouse Space

      Office space with garage/warehouse near Business Route 50.
      828A Airpax Rd, Cambridge, MD 21613
      View Details
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    503 Race St
    Cambridge, MD 21613-2331
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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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