#MDDO2006912, Sharon Spedden, Listing Office: Sharon Real Estate P.C.
Property details
About 2918 Old Rte 50
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.
Highlights
(ACTIVE)
Summary
- MLS Number: 1002029632
- MLS Name: BRIGHT
- Office Name: SVN/Miller Commercial Real Estate
- Office Phone: (410) 543-2440
- Office Email: christina.rice@svn.com
- Listing Agent: John McClellan
- Agent Phone: (410) 543-2440
- Agent Email: john.mcclellan@svn.com
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Last updated on: 3/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,000
2918 Old Rte 50
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Price information
Property sales
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Nearby schools
1
Choptank Elementary School
Public District PK-5
2.7 mi
•1103 Maces Ln
4
Maple Elementary School
Public District PK-5
2.9 mi
•5225 Egypt Rd
2
Sandy Hill Elementary School
Public District PK-5
3.2 mi
•1503 Glasgow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,957. The majority of Cambridge, MD residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
Living in Cambridge, MD
About 2918 Old Rte 50
This home is located at 2918 Old Rte 50 in Cambridge, MD and zip code 21613. Features: 0 bathroom. It has been listed on Rocket Homes since December 24, 2020 and is currently priced at $199,000.
In February 2025, from all listings sold in Cambridge, MD there were more than 4 sold above asking price, over 5 sold below and more than 5 were sold right at the asked price. Between January and February 2025, Cambridge, MD real estate market has seen increase in the number of listings by 18.3%. While the average time on the market in February 2025 was 45 days, the median list price was $272,567.