505 Maryland Ave Cambridge, MD 21613
Property profile & analytics
505 Maryland Ave Cambridge, MD 21613
- Office buildings
- 1,848 SF
- 0.22 lot acres
Property ID
US40-0602243
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
- Farmers Insurance - Brett Dean / Insurance Agency
Property Details for 505 Maryland Ave
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.22 lot acres
- Property size
- 1,848 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 07-172656
- APU
- 7172656
Description
This 2,616 square foot office building at 505 Maryland Avenue in Cambridge, MD, presents a fantastic opportunity. Boasting a highly visible location and convenient access to Route 50, this property offers exceptional accessibility for clients and employees. The building features multiple office spaces spread across two floors, providing ample room for a variety of business needs. Hardwood floors throughout add a touch of elegance and sophistication. A well-equipped kitchenette is conveniently located for staff and visitors. Significant storage space is available, including a full basement and attic, offering versatile options for archiving, inventory, or additional workspace. The 0.22-acre lot provides ample parking and outdoor space. The asking price for this well-maintained and strategically located office building is $275,000. This property is ideal for businesses seeking a prominent presence in a thriving area with easy highway access. Its versatile layout and abundant storage make it suitable for a wide range of professional uses. Don't miss this chance to acquire a valuable commercial asset in a prime Cambridge location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Dorchester
- State
- Maryland
- Longitude
- -76.0656
- Latitude
- 38.5684
- 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
$3,325
$0.00
$0.00
$179,900
-
$66,400
$120,500
$186,900
