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Commercial Land Parcel
For Sale
$2,250,000

Lot 119 Ocean Dr, Ocean City, MD 21842

Commercial land identified for business-oriented development in Ocean City.

Property SizeContact for details
Days on Market786

Property Features for Lot 119 Ocean Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,294
Listing Agency: Atlantic Shores Sotheby's International Realty
Listed By: Ryan Haley · License #580256
Source: Exprealty
Added: Jul 15, 2024 Changed: Sep 2 Last Checked: Sep 8 at 8:51AM

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 Atlantic Shores Sotheby's International Realty

Investment Insights

Based on property information with market context.

This commercial land parcel is located at Lot 119 Ocean Dr in Ocean City, Maryland. The property information identifies the site for commercial or business use and lists several potential application categories, including apartment building, auto-related, convenience store or gas, flex, medical, general retail, professional, and warehouse uses.

Key Highlights

  • Commercial land in Ocean City, MD
  • Located at Lot 119 Ocean Dr
  • Identified for commercial or business use

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Hair Salon Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land identified for business-oriented development in Ocean City.
Where is this commercial land located?
The property is located at Lot 119 Ocean Dr Ocean City, MD.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Commercial land in Ocean City, MD; Located at Lot 119 Ocean Dr; Identified for commercial or business use
More about this property
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