This 1.099 acre parcel of unimproved land in Cambridge, Maryland offers a prime commercial opportunity in a highly sought-after location. Situated along the major east/west corridor of the eastern shore of Maryland, the property benefits from excellent exposure on the heavily trafficked Route 50. The property's commercially zoned designation opens up a wide range of development possibilities, allowing for various business ventures and commercial enterprises. Whether you envision a retail establishment, office space, or a service-oriented business, this property allows for a myriad of uses. One notable advantage of this property is its location in the county, which means there are no town taxes to contend with, potentially reducing operating costs for future businesses. Additionally, being situated along Route 50 ensures a steady stream of passing traffic, offering excellent visibility and the opportunity to attract customers from both local residents and visitors to the area. While the land is currently unimproved, the absence of existing structures presents a blank slate for customized development. As the property is located in the county, any future development would rely on well and septic systems.
Vacant landProperty Type
1.1 acresLot Size
$180,909Price/Acres
Listed by John McClellan• SVN |Miller Commercial Real Estate
•410-543-2440 (broker)
•brent.miller@svn.com (broker)
Listed by Kelly Jeter• SVN |Miller Commercial Real Estate
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Zoning
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Vacant Land
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Dorchester County
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Last updated by owner on Apr 10, 2023.
I-2
Heavy Industrial District
The Heavy Industrial District is established to allow a broad range of business, manufacturing, processing and storage uses that may need to be separated from other uses because of characteristics that may adversely affect these other uses.
Permitted uses
Include but are not limited to:
Gas station
Day care facility
Laundromat
Manufacturing
Warehouse
Research & development
Communications tower
Veterinary clinic
Agriculture-Cropland
Timberland
Historical weather
Cambridge, MD • 21613
Average low and high temperatures (°F)
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27
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31
61
42
70
51
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59
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32
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Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Cambridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2918 Old Route 50
$186,067
$13K under list price of $199K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $205K to $460K.