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    Ocean Gtwy, Unit 119 Ocean City, MD 21842

    For Sale
    $2,250,000

    COMMERCIAL - OCEAN CITY, MD

    Lot size:
    33.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for Ocean Gtwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    33.14 Acres

    Atlantic Shores Sotheby's International Realty (410) 524-0919 [email protected]

    Listing agent Ryan Haley (410) 524-0919 License #580256

    Listing date Nov 26, 2025

    MLS# MDWO2015026 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 in Ocean City

    This 33.14-acre commercial land parcel is located in Ocean City, Maryland. It is suitable for various commercial and business uses, including apartment buildings, auto-related businesses, convenience stores with gas stations, flex spaces, medical facilities, general retail, professional offices, and warehouses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.14666754
    Latitude
    38.33687018

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    FAQs

    What type of property is this?
    Commercial land - 33.14 acres of commercial land available in Ocean City, MD.
    Where is this commercial land located?
    The property is located at Ocean Gtwy, Unit 119 Ocean City, MD.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Land suitable for commercial or business use.; - Versatile usage options: consider apartment building, auto-related, convenience store/gas, flex, medical, other retail, professional, or warehouse.; - Suitable for a variety of business types.
    (410) 524-0919
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    Ocean Gtwy, Unit 119 Ocean City, MD 21842
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    Ocean City, MD 21842
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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
    Ocean Gtwy, Unit 119 Ocean City, MD 21842
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