Search
Commercial Land Parcel with Road Frontage
For Sale
$5,500,000

4123 OCEAN GATEWAY, Trappe, MD 21673

Large commercial parcel in Trappe with existing gas station/convenience store use and extensive roadway frontage for development flexibility.

Property SizeContact for details
Lot Size7.60 Acres
Days on Market117

Property Features for 4123 OCEAN GATEWAY

General Information

Standard status Active
Lot size 7.60 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,765

Building Details

Year Built 1968
Units 1
Listing Agency: Lacaze Meredith Real Estate
Listed By: Stephany A Barrett · License #317540
Source: Elliman
Added: Apr 27 Changed: Aug 14 Last Checked: Aug 20 at 10:47AM

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 Lacaze Meredith Real Estate

Investment Insights

Based on property information with market context.

This 7.6-acre commercial parcel is currently improved and operated as a gas station/convenience store. The site offers approximately 932 linear feet of frontage along Rt. 50, with access designed to support strong ingress and egress and prominent roadway visibility.

The property is located along Rt. 50 between Easton and Cambridge, Maryland, providing direct connection between the Chesapeake Bay Bridge and Ocean City. The owner is willing to subdivide into smaller parcels, offering flexibility for phased development, pad sites, or mixed-use configurations.

Positioned directly in front of and adjacent to a 2,500-home development under construction, the site sits within an active growth corridor with surrounding established neighborhoods and emerging residential density.

Key Highlights

  • 7.6‑acre premier commercial parcel with approximately 932 linear feet of frontage on Rt. 50
  • Located along Rt. 50 between Easton and Cambridge, MD, near the Chesapeake Bay Bridge/Ocean City travel corridor
  • Existing gas station/convenience store use that has operated for many years

Property Analytics

Current Use

Freedom Fuel Gas Station

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Plumbing Service Auto Repair Shop

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 21673, MD

3,122
Population
1,553
Households
2
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
60
Density / Sq Mi
$72,500
Median Household Income
$40,091
Median Earnings
$1,360
Median Rent
$351,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Gas station - Large commercial parcel in Trappe with existing gas station/convenience store use and extensive roadway frontage for development flexibility.
Where is this gas station located?
The property is located at 4123 OCEAN GATEWAY Trappe, MD.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 7.6‑acre premier commercial parcel with approximately 932 linear feet of frontage on Rt. 50; Located along Rt. 50 between Easton and Cambridge, MD, near the Chesapeake Bay Bridge/Ocean City travel corridor; Existing gas station/convenience store use that has operated for many years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message