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Commercial Land Parcel

Lot 119 Ocean Gateway Ocean City, Ocean City, MD 21842

For Sale
$2,250,000

Commercially usable land with flexibility for a range of business types, including flex, medical, and warehouse uses.

Property SizeContact for details
Days on Market132

Property Features for Lot 119 Ocean Gateway Ocean City

General Information

Standard status Active
Property subtype Land
Zoning B2-A1

Taxes and HOA fees

Annual Taxes $5,294

Amenities

C
0.00 x 0.00
33.14
No
Assessor
Listed By: Rodney Nicholson
Source: Va.exprealty
Added: Jul 3 Changed: Oct 31 Last Checked: Oct 7 at 9:45AM

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 Rodney Nicholson

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Investment Insights

Based on property information with market context.

This listing offers land for commercial and business use, with applications that span several development concepts. The provided permitted-use guidance includes options such as an apartment building, auto-related uses, convenience store and gas, flex, medical, professional services, other general retail, and warehouse-oriented development.

The property is located at Lot 119 Ocean Gateway in Ocean City, Maryland. As a land offering, the site is positioned for a buyer looking to build to suit within the stated commercial and business-use categories.

The wide range of supported use types can make this parcel a fit for developers and operators evaluating projects across retail, service, medical, and light industrial warehouse formats. It may also appeal to parties considering mixed-use or multi-purpose development planning within the listed commercial parameters. Buyers should review applicable development requirements and feasibility for their intended concept, as those details are not provided in the listing information.

Key Highlights

  • 33.14‑acre commercially usable land parcel (Lot size per Assessor).
  • Land use code: C.
  • Water source reported as: none.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Worcester County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Commercially usable land with flexibility for a range of business types, including flex, medical, and warehouse uses.
Where is this commercial land located?
The property is located at Lot 119 Ocean Gateway Ocean City Ocean City, MD.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 33.14‑acre commercially usable land parcel (Lot size per Assessor).; Land use code: C.; Water source reported as: none.
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