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Key Details
Sold Price $2,016,700
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $100
MLS Listing ID MDDO2002110
Sold Date 09/15/22
HOA Y/N N
Originating Board BRIGHT
Year Built 2021
Annual Tax Amount $5,433
Tax Year 2021
Lot Size 6.460 Acres
Acres 6.46
Property Description
+/- 90,000 SF of industrial / warehouse space actively under construction on Chesapeake Drive in Cambridge, Maryland. The project is comprised of two buildings: 70,000 SF (available for sale/lease) and 20,000 SF (under contract / available for lease). Both buildings are located within the Cambridge Industrial Park and are subject to various tax incentives and credits. Flexible build-to-suit options available with delivery by June 2022. With 27+ feet of clear span, utilities with ample strength (water, gas, 3-phase electric), convenient proximity to Route 50, and secure parking and outdoor storage, this property presents great opportunity for industrial/warehouse users! Listed for lease starting at a rate of $7 PSF/Yr and for sale at $100/PSF.
Location
State MD
County Dorchester
Zoning I1
Interior
Hot Water Electric
Heating Heat Pump(s), Zoned, Other
Cooling Heat Pump(s), Zoned, Other
Heat Source Electric
Exterior
Garage Spaces 150.0
Waterfront N
Water Access N
Accessibility Level Entry - Main, Other
Parking Type Parking Lot
Total Parking Spaces 150
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1007204477
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with John C Davis • NAI Coastal