Developer’s Dream in Cambridge, MD! Cambridge is in the middle of a major development transformation — now is the opportunity to get in on the ground floor of the city’s high-density growth future. This exceptional property offers nearly 2 acres of prime development land, with the potential to purchase an additional adjoining acre. Featuring road frontage on three sides, the property is approximately 99% cleared and ready for development. An added bonus is the 12-foot-wide city-owned alley that may be obtainable, creating even more flexibility for site planning and access. Ideal for 55+ median-income single-story townhomes, multifamily housing, or a variety of other residential development opportunities. Surrounding properties include two-story townhomes, apartment buildings, single-family homes, and a nearby nursing home — making this a versatile and highly desirable location. Conveniently located just minutes from downtown Cambridge dining, shopping, festivals, and historic attractions. Quick access to Route 50 provides easy access to big-box retailers and newly renovated shopping centers. Enjoy nearby access to the Choptank River for boating, fishing, crabbing, and numerous community parks and recreational opportunities. Contact the listing agent for a complete list of permitted uses. Possible owner financing available for qualified buyers.
Listed By
Agency Name: Berkshire Hathaway HomeServices PenFed Realty
Agency Phone: 4105247000
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimated Payment
$ 788.75 per month $667.45 Principal & Interest $33.83 Property Tax $87.47 Homeowner's Insurance
1002 Park Lane | MLS# MDDO2012284
This land located at 1002 Park Lane , Cambridge, MD 21613 is currently listed for sale with an asking price of $299,900. The property has approximately 1.92 Acres. Park Lane is located within the DORCHESTER COUNTY PUBLIC SCHOOLS school district. Search Cambridge real estate on www.maverickrealtyusa.com today.