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Professional Office Space Available
For Lease
$18 SF/Yr CAM $5.45 /SF/Yr

11204 RACETRACK Rd, Berlin, MD 21811

Multiple office units available for rent with flexible sizes.

Space SizeContact for details
Days on Market155

Property Features for 11204 RACETRACK Rd

General Information

Standard status Active
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 2004
Listing Agency: Rinnier Development Co
Listed By: William Rinnier · License #514904
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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 Rinnier Development Co

Investment Insights

Based on property information with market context.

Professional office spaces are available for rent, offering easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital. The location is minutes from Berlin and Ocean City, with proximity to Salisbury. Multiple units are available, with spaces ranging from 707 to 6,353 square feet. Base rent is $21.95 per square foot for ground floor units and $17.95 per square foot for second-floor units, with an additional CAM fee of $5.45 per square foot. Specific units available include: Building 11200, Unit 201 with 1,595 square feet, Unit 202 with 1,445 square feet, and Unit 203 with 1,439 square feet. In Building 11202, available units include Unit 103 with 707 square feet, Unit 105 with 976 square feet, and Unit 201 with 6,353 square feet.

Key Highlights

  • Strategic Location: Easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital; proximity to Berlin, Ocean City, and Salisbury.
  • Multiple Units Available: Variety of spaces ranging from 707 to 6,353 SF.
  • Professional Office Space: Suitable for professional businesses.

Property Analytics

Current Use

FYZICAL Therapy & Balance ... Physician FYZICAL® Ocean Pines Physician Carson Bunting Physician Peninsula Home Care Home Health Care Service Robert Steinberg Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Hair Salon Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

$5.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

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

Market

Lease Benchmarks for Berlin, MD

$24.07 /SF/Yr
Avg Asking Price
$18–$28.33 /SF/Yr
Price Range
3,182 SF
Avg Space Size

This space is priced 25% below the average of $24.07 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multiple office units available for rent with flexible sizes.
Where is this office units located?
The property is located at 11204 RACETRACK Rd Berlin, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Strategic Location: Easy access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital; proximity to Berlin, Ocean City, and Salisbury.; Multiple Units Available: Variety of spaces ranging from 707 to 6,353 SF.; Professional Office Space: Suitable for professional businesses.
More about this property
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