Cambridge MD Homes for Rent
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.1 Acres
- Baths:
- MLS#:
- 1002029632
ADDITIONAL INFORMATION
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.
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Cambridge Real Estate
The median home value in Cambridge, MD is $287,000. This is higher than the county median home value of $234,700. The national median home value is $338,100. The average price of homes sold in Cambridge, MD is $287,000. Approximately 36.68% of Cambridge homes are owned, compared to 44.46% rented, while 18.86% are vacant. Cambridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cambridge real estate agent to arrange a tour today!
Cambridge, Maryland has a population of 13,026. Cambridge is less family-centric than the surrounding county with 16.92% of the households containing married families with children. The county average for households married with children is 19.47%.
The median household income in Cambridge, Maryland is $40,094. The median household income for the surrounding county is $55,652 compared to the national median of $69,021. The median age of people living in Cambridge is 38.2 years.
Cambridge Weather
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 45.8 inches per year, with 10.7 inches of snow per year.