Property profile

522 Race St Cambridge, MD 21613

OFF-MARKET
Warehouses
Property ID
US40-1502285
3,456 SF 0.27 ac lot Built 1945
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property located at 522 Race Street in Cambridge, Maryland, offers a substantial 5200 square feet of first-floor space, ideal for a variety of businesses. The layout includes a welcoming reception area, multiple private offices providing ample space for individual work or team collaboration, and dedicated conference rooms perfect for meetings and presentations. A convenient kitchen is also included, adding to the functionality of the space. Separate men's and women's restrooms ensure comfort and convenience for employees and clients. The property boasts the advantage of private parking located directly behind the building, providing secure and convenient parking for occupants and visitors. In addition to the private parking, there is also readily available city parking adjacent to the building, ensuring ample parking options for all. The landlord is willing to modify the space to accommodate the specific needs of a prospective tenant, offering flexibility and customization to create a truly bespoke workspace. This presents a unique opportunity to secure a well-appointed and adaptable commercial space in a desirable Cambridge location. The property sits on a 0.16-acre lot. The asking price is to be determined.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1945
Construction BRICK
Total area 3,456 SF
Lot 0.27 ac (11,654 SF)
Zoning code C-2
APN 07-126778
UPID US40-1502285

Cap rate & NOI

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

Location

522 Race St Cambridge, MD 21613-2332
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
$80k

Owner & transaction history

since 2017
3 recorded transactions
2017
$60,000
2015
Price N/A
1969
Price N/A

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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