Description
Developer's Dream in Cambridge, MD! Cambridge is in the middle of a major development transformation - now is the opportunity to get in on the ground floor of the city's high-density growth future. This exceptional property offers nearly 2 acres of prime development land, with the potential to purchase an additional adjoining acre. Featuring road frontage on three sides, the property is approximately 99% cleared and ready for development. An added bonus is the 12-foot-wide city-owned alley that may be obtainable, creating even more flexibility for site planning and access. Ideal for 55+ median-income single-story townhomes, multifamily housing, or a variety of other residential development opportunities. Surrounding properties include two-story townhomes, apartment buildings, single-family homes, and a nearby nursing home - making this a versatile and highly desirable location. Conveniently located just minutes from downtown Cambridge dining, shopping, festivals, and historic attractions. Quick access to Route 50 provides easy access to big-box retailers and newly renovated shopping centers. Enjoy nearby access to the Choptank River for boating, fishing, crabbing, and numerous community parks and recreational opportunities. Contact the listing agent for a complete list of permitted uses. Possible owner financing available for qualified buyers.
Details
| MLS # | MDDO2012284 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 142 |
| Listing Provided By | Berkshire Hathaway HomeServices PenFed Realty | Anthony M Golden |
Features
| Zoning | C-2 |
|---|---|
| Acreage | 1.92 |
Exterior
| Lot Features | Cleared, Corner |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 406 |
|---|
Area Information
| State | MD |
|---|---|
| County | DORCHESTER MD |
| City | CAMBRIDGE |
| Zip Code | 21613 |
| Area | DORCHESTER MD |
| School District | DORCHESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21613) | |
Price: $299,900 low | high Med: $297,450 On site: 142 low | high Med: 97.5 | |
Market Activity 21613
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Learn More About This Property
| State | MD |
|---|---|
| County | DORCHESTER MD |
| City | CAMBRIDGE |
| Zip Code | 21613 |
| Area | DORCHESTER MD |
| School District | DORCHESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21613) | |
Price: $299,900 low | high Med: $297,450 On site: 142 low | high Med: 97.5 | |
