Property profile

822 Chesapeake Dr Cambridge, MD 21613

OFF-MARKET
Manufacturing properties
Property ID
US40-1210491
15,780 SF 6.29 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 15,780-square-foot industrial facility in Cambridge, Maryland, situated on an oversized 6.29-acre lot. It is FDA-approved for handling pharmaceuticals and is configured with a fully conditioned interior environment, 24-foot ceiling height, and two loading docks. The facility includes dedicated office space comprising private executive offices, administrative areas, a conference room, kitchen, and restrooms. Site infrastructure includes 3-phase electrical service with a 2000-amp capacity. The property is zoned for industrial use and is located on Chesapeake Drive just off Route 50, with an Enterprise Zone designation.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction BRICK
Total area 15,780 SF
Lot 6.29 ac (273,992 SF)
Zoning code I-1
APN 07-192150
UPID US40-1210491

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
  • Factory Production Facility

Location

822 Chesapeake Dr Cambridge, MD 21613-9408
Cambridge metro Census 970702 CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$755k

Owner & transaction history

since 2024
Last sale
$725,000
4 recorded transactions
2024
$1.5M
2020
$725,000
2015
$625,000
1969
Price N/A

Zoning & alternative use

I-1 · Cambridge, MD
Top alternative use upside
Auto repair, garage $1.2M +170.0%

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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