12325 Old Bridge Rd, Ocean City, MD 21842

Listing agent Blair Rinnier, CCIM, CPM License #MD 514904

Listing office Rinnier Development Company

Listing date Oct 22, 2024

Source Crexi

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Overview

This unique 3.64-acre site, zoned C2 Commercial in Worcester County, offers many development possibilities. It features great road frontage and visibility on US Route 50 and MD 707. The owner will consider multi-use development or subdivision. The property is available for an annual ground lease of $507,000, with variable pricing based on potential subdivision. The owner will also consider selling the property as one lot or divided into 3 lots. The subdivided lots are available as follows: 0.75 acres, 1.14 acres, and 1.75 acres.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Ocean City

County

Worcester

State

Maryland

Longitude

-75.1237104

Latitude

38.33825

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FAQs

What type of property is this?

Commercial land - 3.64 acre commercial site with C2 zoning in Worcester County.

Where is this commercial land located?

The property is located at 12325 Old Bridge Rd Ocean City, MD.

What is the asking price?

The asking price for this property is $507,000.

What are key features of this property?

This property features: High‑value ground lease: $507,000 annual income potential.; Prime C2 commercial zoning allows for diverse development.; Strategic location with excellent road frontage and visibility on US Route 50 and MD 707.