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Professional Office Space For Rent
For Lease
$18.95 SF/Yr

11204 Racetrack Rd, Ocean Pines, MD 21811

Professional office spaces available with easy access to major routes.

Space SizeContact for details
Days on Market768

Property Features for 11204 Racetrack Rd

General Information

Standard status Active
Listing Agency: Rinnier Development Co
Listed By: William Rinnier · License #514904
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 20 Last Checked: Aug 20 at 10:07AM

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.

Professional office spaces are available for rent, with multiple units offered. The property provides convenient access to US 50, US 113, Ocean Pines, Ocean City, and Atlantic General Hospital. It is located minutes from Berlin and Ocean City, and close to Salisbury. Available spaces range from 707 to 6,353 square feet. In Building 11200, Unit 201 offers 1,595 square feet, Unit 202 provides 1,445 square feet, and Unit 203 features 1,439 square feet. Building 11202 includes Unit 103 with 707 square feet, Unit 105 with 976 square feet, and Unit 201 with 6,353 square feet.

Key Highlights

  • Multiple units available, ranging from 707 to 6,353 SF.
  • Easy access to US 50 and US 113.
  • Close proximity to Ocean Pines, Ocean City, and Atlantic General Hospital.

Property Analytics

Current Use

Office Units

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

NNN (Triple Net)
Lease Type
$2.84 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

66
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

Market

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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office spaces available with easy access to major routes.
Where is this office units located?
The property is located at 11204 Racetrack Rd Ocean Pines, MD.
What is the lease rate?
The lease rate is $18.95 SF/Yr.
What are key features of this property?
This property features: Multiple units available, ranging from 707 to 6,353 SF.; Easy access to US 50 and US 113.; Close proximity to Ocean Pines, Ocean City, and Atlantic General Hospital.
More about this property
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