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    5000 Coastal Hwy Ocean City, MD 21842

    For Lease
    $2,843 /Mo

    Two office suites available for rent in Ocean City, MD.

    Lot size:
    0.27 Acres

    Property Features for 5000 Coastal Hwy

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1973

    Source: Rinnier Development Co Agent William Rinnier

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

    Overview

    Ocean City Office Space Available

    This two-story office building is centrally located at the corner of Coastal Highway and 50th Street in Ocean City, MD, offering highway frontage and visibility. Two suites are available on the second floor. Suite 4 offers 940 square feet, and Suite 6 provides 1,367 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rick Proctor, Branch ... Mortgage Lender Carol Proctor, Associate ... Real Estate Agent Closeline Settlements Legal Services Mechelle Nichols Berkshire ... Real Estate Agent Asse Aspire Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0690479
    Latitude
    38.3754085

    Nearby Similar for Lease

    • $1,500 /Mo

      West Ocean City Office Space

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      9748 Stephen Decatur Hwy, Ocean City, MD 21842
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    • $2,500 /Mo

      Ocean City Office Condo For Lease

      First floor office condo in North Ocean City available for lease.
      12906 Coastal Hwy, Ocean City, MD 21842
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    • $22 SF/Yr
      17,100 SF

      Ocean City Retail Space Available

      Premium retail space in high-traffic Ocean City location.
      8001 Coastal Hwy, Ocean City, MD 21842
      View Details
    • $2,990 /Mo
      16,776 SF

      Ocean City Office Space Available

      Office space for lease with flexible floor plan options.
      5700 Coastal Hwy, Ocean City, MD 21842
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    • $1,850 /Mo

      Ocean Block Commercial Office Space

      Commercial office space with sunset views and coastal highway exposure.
      7904 Coastal Hwy, Ocean City, MD 21842
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    • $990 /Mo

      Professional Office Spaces For Lease

      Private office spaces available in West Ocean City area.
      12800 Hospitality Way, Ocean City, MD 21842
      View Details

    FAQs

    What type of property is this?
    Office space - Two office suites available for rent in Ocean City, MD.
    Where is this office space located?
    The property is located at 5000 Coastal Hwy Ocean City, MD.
    What are key features of this property?
    This property features: - Highly visible location on Coastal Highway and 50th Street.; - Centrally located in Ocean City, MD.; - Two suites available on the second floor.
    (410) 742-8151
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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
    5000 Coastal Hwy Ocean City, MD 21842
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