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Key Details
Sold Price $825,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID MDDO123710
Sold Date 01/14/22
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $6,306
Tax Year 2020
Lot Size 123.470 Acres
Acres 123.47
Lot Dimensions 0.00 x 0.00
Property Description
This 123 acre tract is located within city limits of City of Cambridge. Currently it is in agricultural use and land is zoned commercial (B-2 Per Dorchester County Website). Land is near town water and sewer resources and rail is also nearby adjacent to farm to the East of subject property. Soils on the farm are silt loam with agricultural ditching indicative of the region. Farm has good access to large highways, potential access to city services. City of Cambridge and Dorchester County offer a range of business incentives through Enterprise Zone Tax Credits (property is on edge of Enterprise Zone), One Maryland Tax Credit, Project Tax Credit and Start Up Tax Credit.
The tract is made up of the following: +/- 124 acres including +/- 120 tillable acres and +/- 4 wooded acres in Cambridge, MD. Property is annexed into the town of Cambridge.
Location
State MD
County Dorchester
Zoning B2
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 07-111398
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Richard Grieves • Meredith Fine Properties