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    10329 Racetrack Rd Berlin, MD 21811

    For Sale
    $2,400,000

    LAND - BERLIN, MD

    Lot size:
    9.16 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 10329 Racetrack Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    9.16 Acres

    SVN/Miller Commercial Real Estate (410) 543-2440 [email protected]

    Listing agent Wesley Cox (410) 543-2421 License #574198

    Listing date Nov 20, 2025

    MLS# MDWO2034940 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Ocean Downs

    This approximately 9.16-acre parcel presents a commercial development opportunity along Race Track Road in Berlin, Maryland. The location is across from Ocean Downs Casino, near a public boat ramp, and minutes from Ocean City and Ocean Pines. The property includes 6.7 acres zoned C-2 Commercial and 2.4 acres zoned Resource Protected. There is roughly one buildable commercial acre with Route 50 access. Recent improvements to the site include an environmental wetland survey, approved re-zoning to remove the Resource Protected line, verified boundary and critical area lines, and a conceptual site plan. Public water and sewer have been deemed feasible by Worcester County, with availability estimated in about three years. The site offers potential for hotel, restaurant, or mixed-use development due to high visibility and traffic counts on a major growth corridor. The buyer is responsible for verifying acreage and performing due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Worcester
    State
    Maryland
    Longitude
    -75.16945
    Latitude
    38.35676

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    FAQs

    What type of property is this?
    Commercial land - 9.16-acre commercial development opportunity near Ocean City.
    Where is this commercial land located?
    The property is located at 10329 Racetrack Rd Berlin, MD.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity on Race Track Road, across from Ocean Downs Casino.; - +/-9.16-acre parcel with **6.7 acres zoned C-2 Commercial**.; - High visibility and traffic counts on a major growth corridor.
    (410) 543-2421
    Request Owner's contact information
    10329 Racetrack Rd Berlin, MD 21811
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    Berlin, MD 21811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10329 Racetrack Rd Berlin, MD 21811
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