522 Race StCambridge, MD 21613

  • Industrial properties
  • 3,456 SF
For Sale

Property Details for 522 Race St

Year built
1945
Construction
BRICK
Lot size
0.27 AC
Property size (Sq ft)
3,456 SF
Zone code
C-2
Property type
Industrial properties
Property subtype
Other warehouses
APN
07-126778
APU
7126778

Description

This exceptional commercial property located at 522 Race Street in Cambridge, Maryland, offers a substantial 5200 square feet of first-floor space, ideal for a variety of businesses. The layout includes a welcoming reception area, multiple private offices providing ample space for individual work or team collaboration, and dedicated conference rooms perfect for meetings and presentations. A convenient kitchen is also included, adding to the functionality of the space. Separate men's and women's restrooms ensure comfort and convenience for employees and clients. The property boasts the advantage of private parking located directly behind the building, providing secure and convenient parking for occupants and visitors. In addition to the private parking, there is also readily available city parking adjacent to the building, ensuring ample parking options for all. The landlord is willing to modify the space to accommodate the specific needs of a prospective tenant, offering flexibility and customization to create a truly bespoke workspace. This presents a unique opportunity to secure a well-appointed and adaptable commercial space in a desirable Cambridge location. The property sits on a 0.16-acre lot. The asking price is to be determined.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $639,351
    Hospitality
    $585,642
    Educational
    $487,248
    Medical
    $504,005
    Retail
    $757,941
522 Race St, Cambridge, Maryland

Location Insight

City
Cambridge
County
Dorchester
State
Maryland
Latitude
38.5675
Longitude
-76.0769
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
$2,081
-
-
$112,567
-
$34,900
$82,200
$117,100

FAQs

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