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    5700 Coastal Hwy Ocean City, MD 21842

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    For Lease
    $2,990 /Mo ($2 SF/Yr)

    Office space for lease with flexible floor plan options.

    Property size:
    16,776 SF
    Lot size:
    16,776 SF

    Property Features for 5700 Coastal Hwy

    General Information

    Size
    16,776 SF

    Building Details

    Year built
    1985

    Source: Tonney Insley Agent Tonney Insley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ocean City Office Space Available

    Available for lease is 1325 square feet of office space located on the second floor of a prominent office building on 57th Street along Coastal Highway. The building provides signage opportunities and on-site parking. Its location offers convenient access to various hubs and eateries in Ocean City. The landlord is open to renovating the current office space or dividing it into suites of approximately 650 square feet, depending on tenant needs. The gross lease rate is all-inclusive, covering utilities, taxes, and CAM, with the tenant responsible for telephone and internet services. The property is located in the 5700 Professional building directly on Coastal Highway, offering parking, accessibility, and visibility in all directions. Elevator access is available, and the floor plan allows for flexible buildout options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rice, Murtha & Psoras ... Personal Injury Attorney Ocean City Hotel-Motel-Restaurant ... Association / Organization Ocean City Maryland ... Hotel Michael S. Rotwein ... Personal Injury Attorney Law Offices of Murphy ... Criminal Justice Attorney

    Suggested Use

    Spa & Massage Dental Office Law Firm Restaurant Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0672008
    Latitude
    38.3813528

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    FAQs

    What type of property is this?
    Office space - Office space for lease with flexible floor plan options.
    Where is this office space located?
    The property is located at 5700 Coastal Hwy Ocean City, MD.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - All-inclusive gross lease rate covering utilities, taxes, and CAM; - **Prominent location on Coastal Highway with high visibility and accessibility**; - Flexible buildout options, including potential for renovation or demising into smaller suites
    (703) 969-8825
    Request Owner's contact information
    5700 Coastal Hwy Ocean City, MD 21842
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    Ocean City, MD 21842
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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
    5700 Coastal Hwy Ocean City, MD 21842
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