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    12827 Coastal Hwy Ocean City, MD 21842

    For Lease
    Contact for pricing

    In-line retail space available with excellent visibility and signage.

    Property size:
    1,200 SF
    Lot size:
    7.45 Acres

    Property Features for 12827 Coastal Hwy

    General Information

    Size
    1,200 SF
    Lot size
    7.45 Acres

    Source: Trout Daniel & Associates Agent Scott Garfield

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

    Overview

    Retail Space on Coastal Highway

    This property offers in-line retail space, ranging from 1,200 to 5,778 square feet. Additionally, a 0.44-acre pad site is available, accommodating a 3,500 square foot footprint. The property benefits from excellent visibility and signage opportunities. The 74,292 square foot center has 750 feet of frontage along Coastal Highway. Anchored by Super Thrift, Higgins Crab House, Dollar Tree, and True Value Hardware, the location is exposed to an average of 8 million visitors annually, with approximately 25,000 vehicles passing by daily.
    Location Intelligence

    Current Use by Public Records

    Montego Bay True ... Hardware Store Montego Bay Shopping ... Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Ocean City Square, Montego Bay Shopping Center, Sandy Cove Shoppes, Bayside Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.054734
    Latitude
    38.433917

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    FAQs

    What type of property is this?
    Shopping center - In-line retail space available with excellent visibility and signage.
    Where is this shopping center located?
    The property is located at 12827 Coastal Hwy Ocean City, MD.
    What are key features of this property?
    This property features: - Excellent visibility and signage with 750’ of frontage along Coastal Highway.; - High traffic location exposed to an average of 8 million visitors annually.; - Anchored by established businesses including Super Thrift and Dollar Tree.
    (410) 960-4448
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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
    12827 Coastal Hwy Ocean City, MD 21842
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