1002 Park Ln Cambridge, MD 21613
Estimated payment $1,635/month
1.92
Acres
$156,198
Price per Acre
83,635
Sq Ft Lot
Highlights
- 1.92 Acre Lot
- No HOA
- 2-minute walk to Dorchester County Parks & Rec
- Corner Lot
About This 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.
Listing Agent
(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Brokerage Phone: 4105247000 Listed on: 05/13/2026
Co-Listing Agent
(410) 524-7000 oceancity@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Brokerage Phone: 4105247000 License #RS-0025714
Property Details
Property Type
- Land
Est. Annual Taxes
- $406
Lot Details
- 1.92 Acre Lot
- Corner Lot
- Cleared Lot
- Tax Account 07-166445 for additional 35238 sq. ft. for a total 83,420 sq. ft. +-.
- Property is zoned C-2
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1007171609
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $406 | $21,600 | $21,600 | $0 |
| 2024 | $399 | $21,600 | $21,600 | $0 |
| 2023 | $399 | $21,600 | $21,600 | $0 |
| 2022 | $399 | $21,600 | $21,600 | $0 |
| 2021 | $407 | $21,600 | $21,600 | $0 |
| 2020 | $407 | $21,600 | $21,600 | $0 |
| 2019 | $412 | $21,600 | $21,600 | $0 |
| 2018 | $401 | $21,600 | $21,600 | $0 |
| 2017 | $401 | $21,600 | $0 | $0 |
| 2016 | -- | $21,600 | $0 | $0 |
| 2015 | -- | $21,600 | $0 | $0 |
| 2014 | -- | $21,600 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $299,900 | -- | -- |
Source: Bright MLS
About the Listing Agent
Selling your home is more than just a decision, it is an emotional one. That's why it's so important to choose the right real estate representative, one who's not just a sales person, but one who will take the time to learn your needs and will care about them.
Anthony will help you through every part of the transaction, and offer you complete services including Relocation, Mortgage Services, Title & Settlement Services, and Home Warranty.
Tony's Other Listings
Source: Bright MLS
MLS Number: MDDO2012284
APN: 07-171609
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