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    Old Ocean City Blvd Berlin, MD 21811

    Sponsored
    For Sale
    Contact for pricing

    New Construction, Prime Location, Flexible Design

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional development opportunity presents the chance to construct a state-of-the-art medical office building in Berlin, Maryland. The proposed building, situated on a 1.32-acre lot at 0 Old Ocean City Boulevard, offers unparalleled convenience with its location directly across from Atlantic General Hospital. This prime location ensures high visibility and accessibility for patients and staff. The project allows for a flexible design, accommodating up to two stories and a total of 12,000 square feet. The building's size and floor plan are entirely negotiable, providing significant adaptability to meet specific needs and preferences. The property boasts exceptional access to major highways and transit routes, ensuring convenient commutes for both employees and visitors. This is an ideal opportunity for healthcare providers seeking a modern, efficient, and strategically located facility. The project offers a unique chance to build a custom medical office building tailored to your exact specifications. The starting price is $29 per square foot, NNN. This represents a significant investment opportunity in a rapidly growing area with a high demand for medical services. Don't miss this chance to establish a thriving practice in a highly desirable location. Contact us today to discuss this exciting development opportunity further and explore the possibilities of creating your ideal medical office space.

    Property Features for Old Ocean City Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    57,499 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Berlin
    County
    Worcester
    State
    Maryland
    Longitude
    -75.24667
    Latitude
    38.356

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    FAQs

    What type of property is this?
    Commercial real estate - New Construction, Prime Location, Flexible Design
    Where is this commercial real estate located?
    The property is located at Old Ocean City Blvd Berlin, MD.
    (410) 543-5115
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    Old Ocean City Blvd 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
    Old Ocean City Blvd Berlin, MD 21811
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