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837 Chesapeake Drive, Cambridge, MD 21613
$3,750,000
837 Chesapeake Drive, Cambridge, MD 21613View this property at 837 Chesapeake Drive, Cambridge, MD 21613
837 Chesapeake DriveCambridgeMD21613
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Property Description
Cambridge - income producing property on 5 +/- acres. Improvements include a 30,000+/- sq. ft. warehouse/industrial building currently configured into 3 spaces plus a retail showroom (Fire Marshall approved), fully sprinkled, upstairs offices plus a fenced yard area. Recent bathroom, roof and HVAC upgrades. LED lights throughout. Owner's office features heated floors. Additional improvements include (4) 130' x 30' mini storage buildings plus a 150' x 55' climate controlled mini storage building, and (4) contractor units running at 95% to 98% occupancy. There is an additional fenced storage yard on the property. Nice signage and recent upgrades to the parking lot. Just off Rt. 50 on the corner of Rt.16S and Chesapeake Drive.
Full Property Details
Full Property Details for 837 Chesapeake Dr
General
- Price: $3,750,000
- Taxes: $23,804 (2024)
- Status: Active
- Type: Warehouse
- MLS ID: MDDO2007168
- Updated: 5/9/2024
- Added to Site: 15 day(s) ago
Business
- Business Type: Auto Related, Cold Storage, Manufacturing, Other/Gene
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 16
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Municipality: Cambridge
- County: Dorchester
- Development Name: Route 50
- Subdivision: Route 50
- Driving Directions: use GPS
- Location Details: Industrial Park
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s), Forced Air
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Metal Siding
- Drive-In Doors: 7
- Drive-In Clearance: 12' to 15', 8' to 12'
- Stories/Levels: 0
- Year Built: 1986
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Manufactured Home
Park Information
- Park Information: Chesapeake Industrial Park
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Size Source: Assessor
- Lot Features: Cleared, Corner
- Zoning: I
- Lot Description: Cleared, Corner
Financial Considerations
- Price Per Sq. Ft.: $66.16
- Assessment Year: 2024
- City/TownTax: $10,426
- City/TownTax Freq: Annually
- County Tax: $13,377
- County Tax Freq: Annually
- Tax w/Assessment: $1,320,000
- Tax Amount: $23,804
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 7
Listed by Powell REALTORS, Valerie P Brown
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Schools
Schools serving 837 Chesapeake Dr
School District:Dorchester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5225 Egypt Rd, Cambridge, MD 21613 | PK-5 | 2.2 mi | |
1101 Maces Ln, Cambridge, MD 21613 | 6-8 | 2.2 mi | |
2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 837 Chesapeake Dr
Date
Details
Price
Change
Source
4/30/2024
Listed
$3,750,000
148.84%
MLS
12/27/2012
Sold
$1,507,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 837 Chesapeake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,804
66%
$1,287,900
—
2022
$14,314
13%
$1,287,267
—
2017
$12,709
-48%
$1,286,633
—
2021
$24,254
-1%
$1,286,000
—
2020
$24,519
3%
$1,286,000
—
2019
$23,876
-4%
$1,286,000
-4%
2018
$24,984
3%
$1,345,700
2%
2017
$24,355
1%
$1,325,367
—
2016
$24,050
2%
$1,325,500
3%
2015
$23,676
—
$1,284,700
—
2014
$23,676
—
$1,284,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 837 Chesapeake Dr
837 Chesapeake Drive, Cambridge, MD 21613 (MLS# MDDO2007168) is a Warehouse property. 837 Chesapeake Drive is currently listed for $3,750,000 and was received on April 30, 2024. Want to learn more about 837 Chesapeake Drive? Do you have questions about finding other Warehouse real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.