12325 OLD BRIDGE Rd Ocean City, MD 21842

Listing agency Rinnier Development Co b***@rinnier.com Show Phone

Listed by William Rinnier · License #514904 Show Phone

Source Exitrealty

Added: Oct 21, 2024 Updated: Jul 6 at 12:20PM Checked: Jul 21 at 5:53AM

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Investment Insights

Based on property information with market context.

This unique 3.64-acre commercial site offers numerous development possibilities. The property benefits from road frontage and visibility on US 50 and MD 707. Zoned C2 Commercial in Worcester County, 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. Alternatively, the property can be purchased together or subdivided into smaller parcels: 0.75 acres for $1,612,500; 1.14 acres for $2,262,500; or 1.75 acres for $2,975,000.

Key Highlights

• 3.64 acre site with C2 commercial zoning in Worcester County
• High visibility and road frontage on US 50 and MD 707
• Development possibilities including multi‑use development/subdivision

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FAQs

What type of property is this?

Commercial land - 3.64 acre commercial site with development possibilities for lease.

Where is this commercial land located?

The property is located at 12325 OLD BRIDGE Rd Ocean City, MD.

What is the lease rate?

The lease rate is $507,000.

What are key features of this property?

This property features: 3.64 acre site with C2 commercial zoning in Worcester County; High visibility and road frontage on US 50 and MD 707; Development possibilities including multi‑use development/subdivision