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    Property profile & analytics
    OFF-MARKET Estimated value $3,430,000
    Warehouses

    837 Chesapeake Dr, Cambridge, MD 21613-9401

    32,827 SF 5 ac lot Built 1986
    Trust Owned Absentee Owner Free & Clear
    Property ID
    US40-1360955
    Property summary
    AI-generated overview

    This exceptional industrial space, situated within the Chesapeake Business Park in Cambridge, MD, presents a fantastic opportunity for businesses seeking a functional and well-maintained facility. The property boasts a generous 5-acre lot, providing ample room for expansion or outdoor storage. The interior features durable 6-inch concrete floors, high ceilings offering significant vertical space, and convenient 14' x 14' electric roll-up doors for easy loading and unloading of goods. Energy efficiency is enhanced by the inclusion of automatic on/off lighting, minimizing operational costs. A shared bathroom is readily accessible for employees. The property is offered as a NNN lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. This arrangement provides flexibility and control over operational expenses. The space is available for occupancy beginning January 1st, 2025. The property's location within the Chesapeake Business Park offers convenient access to major transportation routes and other essential business amenities. This is an ideal space for a variety of industrial uses, providing a combination of functionality, efficiency, and a strategic location. The landlord has a financial interest in the property. Serious inquiries are encouraged to explore this promising opportunity.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1986
    Construction STEEL FRAME
    Total area 32,827 SF
    Lot 5 ac (217,800 SF)
    Zoning code I-1
    APN 07-192126
    UPID US40-1360955
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Blackwater Self Storage Storage Facility
    • Hoopers Island Seafood Market Specialty Food Shop Fish Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.43M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.60M
    Blend (final) Blend
    $3.43M
    Owner & transaction history
    837 Chesapeake Trust
    837 Chesapeake Trust
    since 2026
    Last sale
    $3.4M
    6 recorded transactions
    2026
    2024
    $3.4M
    2012
    $1.5M
    2004
    $550,000
    1969
    1969
    Zoning & alternative use
    I-1 · Cambridge, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $4.8M +29.1%
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