Old Ocean City Blvd Berlin, MD 21811
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.