1204 Goodwill AveCambridge, MD 21613

  • Industrial properties
  • 4,606 SF
For Sale
$625,000 View listing

Property Details for 1204 Goodwill Ave

Year built
1950
Lot size
5.94 AC
Property size (Sq ft)
4,606 SF
Zone code
GC
Property type
Industrial properties
Property subtype
Other warehouses
APN
07-159153
APU
7159153

Description

This exceptional 5.95-acre industrial property in Cambridge, Maryland, presents a unique investment opportunity. The main structure boasts approximately 4,606 square feet of robust double-block construction, ideal for a variety of industrial uses. The property's zoning designation is Industrial, falling within the Cambridge city limits and the advantageous Cambridge Enterprise Zone. Adding to its appeal, approximately two acres of the land have recently undergone significant improvements. These enhancements include the installation of a new fence and substantial hardscaping, encompassing grading and the application of crush and run material. This prepared area significantly enhances the property's functionality and usability. The property's strategic location and substantial size make it suitable for diverse applications, including service businesses, manufacturing operations, storage facilities, and more. Priced competitively within the current market, this property is expected to attract considerable interest. Its combination of size, improvements, and advantageous location makes it a compelling investment prospect. The existing infrastructure and prepared land area offer immediate operational potential, minimizing upfront development costs. This turnkey opportunity is ready for immediate occupancy and presents a rare chance to acquire a well-situated industrial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $852,098
    Hospitality
    $780,518
    Educational
    $649,382
    Medical
    $671,715
    Retail
    $1,010,149
1204 Goodwill Ave, Cambridge, Maryland

Location Insight

City
Cambridge
County
Dorchester
State
Maryland
Latitude
38.5559
Longitude
-76.0723
CBSA code
15700
CBSA name
CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,057
$123,900
$149,700
$273,600
-
$123,900
$149,700
$273,600

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