Prime Ground-Floor Development Opportunity at One of the City’s Highest-Traffic Intersections Rare opportunity to own and develop what many consider the best and most visible intersection in the citylocated at the corner of Washington Street and High Street, the first major intersection entering town from the country. The property is bordered on three sides, including a city-owned paper street with existing infrastructure, offering additional flexibility and potential. Both the Owner and the City are highly motivated to see this site developed. Zoning & Development Potential Recently rezoned to DWDD (Downtown Waterfront Development District) Permitted uses include: Commercial, Residential, Mixed-use Multi-story buildings, Mini grocery store And many other allowed uses. Property Details - Four parcels totaling approx. 61,474 ± sq. ft. . Option to develop the entire site or subdivide and sell portions Existing electric, water, and sewer already on site. Cleared by MDE (documentation available) Location Highlights - Rapidly transitioning neighborhood with new construction and extensive rehabilitation underway 2-minute drive down High Street to historic downtown featuring restaurants, shopping, and preserved architecture One additional minute to the marina, lighthouse, boating, and the waters of the Choptank River. Washington Street provides direct access to Route 50, enhancing regional connectivity Additional Notes - Choose your own development concept or review the owner’s proposed concept (available upon request). This is a rare, high-visibility development site in an up-and-coming area with strong municipal support and flexible zoningideal for investors, developers, or mixed-use visionaries. Owner Financing possible for qualified Buyers!
Vacant landProperty Type
1.41 acresLot Size
$336,879Price/Acres
Listed by Tony Golden• Berkshire Hathaway HomeServices PenFed Realty
•410-524-7000 (broker)
•oceancity@penfedrealty.com (broker)
Listed by Alex Piela• Berkshire Hathaway HomeServices PenFed Realty
The Neighborhood Conservation districts (NC1, NC-2, NC-3, and NC-4) are applied to residential neighborhoods that predate the adoption of City zoning regulations and exhibit primarily single-family residential character. The intent is to maintain the character of neighborhoods including the setting for important historic and cultural resources. The district regulations are also intended to establish reasonable conditions for the continuation of non-residential uses that pre-date City zoning and to allow other non-residential uses under strict guidelines and upon special review. There shall be four NC districts each corresponding to the unique settlement patterns therein. These districts permit and encourage minor infill development but generally all proposed new dwellings shall be single-family detached units
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
75% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cambridge, MD • 21613
Average low and high temperatures (°F)
40
27
44
31
61
42
70
51
74
59
86
67
89
73
81
67
78
65
69
53
59
44
46
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Cambridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for High St
$420,795
$54K under list price of $475K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $145K to $295K.