Route 50 Highway Land

2918 Old Route 50 Cambridge, MD 21613

2918 Old Route 50, Cambridge, MD, 21613
2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613 2918 Old Route 50, Cambridge, MD, 21613
FOR SALE
Property Type:
Commercial Land Development
Amount:
$199,000
Last Verified:
Oct 10, 2024

Daily Email Blast
0 times


Highlights

  • High Traffic Route 50 Exposure
  • Land Ready To Develop
  • Ideal for Retail or Office Use

Description

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 a well system - the property is served with public sewer services.

Located on the east side of Cambridge on Old Rt 50 just past the Hyatt as you are heading East.

Lot Size: 1.1 acres


Documents

NEW - Brochure (P)

Map of 2918 Old Route 50, Cambridge, MD, 21613

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.