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Professional Office Units
New
For Lease
$17.95-$21.95 SF/Yr CAM $5.45 /USD/SF/YR

11204 Racetrack Rd, Berlin, MD 21811

Multiple office suites are available across two floors with access to US 50 and US 113.

Space Size707 SF - 6,353 SF
Days on Market5

Property Features for 11204 Racetrack Rd

General Information

Standard status Active
Size 707 SF - 6,353 SF
Net Rentable 707 SF
Lease Type NNN

Space & Availability

Available Space 707-6,353 SF
Contiguous Space 6,353 SF
Space Use Office

Lease Terms

Rent per SF/Year $17.95-$21.95
CAM $5.45 /USD/SF/YR

Additional Details

Highway Access Yes

Building Details

Year Built 2004
Listing Agency: Rinnier Development Co
Listed By: William Rinnier · License #514904
Source: Soldbypattie
Added: Sep 10 Changed: Sep 12 Last Checked: Sep 13 at 1:52PM

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.

Office units are available at 11204 Racetrack Rd in a building constructed in 2004. Available configurations range from 707 SF to 6,353 SF across ground-floor and second-floor spaces, providing multiple suite options within the property.

The property offers access to US 50 and US 113, with proximity to Ocean Pines, Ocean City, Atlantic General Hospital, Berlin, and Salisbury. Listed availabilities include units in buildings 11200 and 11202, with individual spaces ranging from compact office suites to a 6,353-SF second-floor unit.

Key Highlights

  • 707 - 6,353 SF available
  • Ground‑floor and second‑floor office units
  • Building 11200 includes Units 201, 202, and 203

Property Analytics

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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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.99 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Berlin, MD

$25.58 /SF/Yr
Avg Asking Price
$18–$28.33 /SF/Yr
Price Range
2,233 SF
Avg Space Size

This space is priced 22% below the average of $25.58 /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 suites are available across two floors with access to US 50 and US 113.
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: 707 - 6,353 SF available; Ground‑floor and second‑floor office units; Building 11200 includes Units 201, 202, and 203
More about this property
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