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Commercial Land for Sale in Cambridge, Maryland

2918 Old Route 50, Cambridge, MD 21613

$199,000
1.1 acres
Active
$199k drop
Est $1,441/mo

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.

Location

Street address
2918 Old Route 50
School district
Dorchester County Public Schools
Elevation
23 feet
Coordinates
38.5537, -76.04

Property details

Acreage
1.1 acres
MLS #
TREND 1002029632
Posted

Property taxes

Recent
$999

Parcels

  • 1014286583

Listing history

DateEventPriceChangeSource
June 21, 2023Price drop$199,000$199,000 -50%TREND
July 10, 2020New listing$398,000TREND
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This 1.1-acre property is located at 2918 Old Route 50 in Cambridge, MD 21613. The property is available for sale for $199,000 with a price per acre of $180,909.

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