Commercial Land Near Ocean
For Sale
$2,600,000
10329 RACETRACK Rd, Berlin, MD 21811
9.26-acre commercial development opportunity near Ocean Downs Casino.
Property SizeContact for details
Lot Size7.89 Acres
Days on Market186
Property Features for 10329 RACETRACK Rd
General Information
Standard status
Active
Lot size
7.89 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$4,635
Listing Agency:
SVN/Miller Commercial Real Estate
Listed By:
Wesley Cox · License #574198
(410) 543-2421
Source:
Elliman
Added: Apr 28
Changed: Oct 26
Last Checked: Oct 28 at 9:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN/Miller Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9.26-acre parcel presents an excellent commercial development opportunity along Racetrack Road, situated across from Ocean Downs Casino and minutes from Ocean Pines. Approximately 7.89 acres are commercially zoned. Public sewer and water are now available, alongside an existing well, septic system, and electric service. Recent improvements include re-zoning to C2 Commercial, an environmental wetland survey with all non-tidal wetlands plated, verified boundary and critical area lines, an approved rezoning removing the Resource Protected line, and a conceptual site plan. Worcester County’s engineering study has deemed public water and sewer feasible, with approximately 363 EDUs available for purchase (buyer to verify with the County), with full availability expected in roughly three years. The property offers potential for hotel, restaurant, office, or mixed-use development, with strong visibility across from the Ocean Downs Casino and good traffic counts along this primary growth corridor. It is one of the larger commercially zoned parcels with public sewer available.
Key Highlights
- Prime commercial development opportunity across from Ocean Downs Casino with strong visibility and high traffic.
- Large 7.89+\/- acre commercially zoned parcel with public sewer availability.
- Re‑zoning to C2 Commercial completed, removing Resource Protected line.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 21811, MD
23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - 9.26-acre commercial development opportunity near Ocean Downs Casino.
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 $2,600,000.
What are key features of this property?
This property features: Prime commercial development opportunity across from Ocean Downs Casino with strong visibility and high traffic.; Large 7.89+\/- acre commercially zoned parcel with public sewer availability.; Re‑zoning to C2 Commercial completed, removing Resource Protected line.
