West Ocean City Commercial
12627 SUNSET Ave 7 Ocean City, MD 21842
For Sale
$250,000
Pending
Commercial space in Bayside Professional Center, West Ocean City.
Property Size1,000 SF
Days on Market68
Property Features for 12627 SUNSET Ave 7
General Information
- Standard status
- Pending
- Size
- 1,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing Agency:
Coastal Life Realty Group LLC
(443) 235-8382
Listed By:
Joseph Wilson · License #633148
(443) 235-8382
Source:
Elliman
Added: May 21
Changed: Jul 10
Last Checked: Jul 23 at 3:53AM
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 Coastal Life Realty Group LLC
Investment Insights
Based on property information with market context.
This commercial space is located in the Bayside Professional Center in West Ocean City. The unit offers approximately 1,000 square feet and is suitable for office, professional services, or investment purposes. The property is located minutes from Ocean City beaches, Route 50, restaurants, shopping, and businesses, providing visibility and accessibility. Features include parking and low annual condo dues. The location is in a growing area.
Key Highlights
- Prime location in the desirable Bayside Professional Center of West Ocean City.
- Versatile 1,000 sq ft unit suitable for office, professional services, or investment.
- Excellent visibility and accessibility, minutes from Ocean City beaches and Route 50.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.2k | $22.20 |
| − Vacancy | −$3.6k | −$3.55 |
| EGI | $18.6k | $18.65 |
| − OpEx | −$4.7k | −$4.66 |
| NOI | $14.0k | $13.99 |
1,000 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$199.8K
$174.8K – $233.1K
NOI $13,986 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.3K
$210.3K – $280.4K
NOI $16,822 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Commercial space in Bayside Professional Center, West Ocean City.
Where is this office units located?
The property is located at 12627 SUNSET Ave 7 Ocean City, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in the desirable Bayside Professional Center of West Ocean City.; Versatile 1,000 sq ft unit suitable for office, professional services, or investment.; Excellent visibility and accessibility, minutes from Ocean City beaches and Route 50.
