About This Home
This land at 1002 PARK Lane in Cambridge, MD is listed for $299,900 (1.92 acres).
Key Features
- 1.92 acre lot
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.
Location
1002 PARK Lane
Cambridge, MD 21613
Questions & Answers
This 0-bedroom, 0-bathroom land at 1002 PARK Lane is listed at $299,900. The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.92 acre lot.
This property is listed by Anthony M Golden and can be reached at 4437830249.