3.64 Acre Commercial
For Sale
$2,975,000
12325 Old Bridge Rd, Ocean City, MD 21842
3.64 acre commercial site with C2 zoning in Worcester County.
Property SizeContact for details
Lot Size3.64 Acres
Days on Market722
Property Features for 12325 Old Bridge Rd
General Information
Standard status
Active
Lot size
3.64 Acres
Property subtype
Land/Lot
Listing Agency:
Rinnier Development Co
Listed By:
William Rinnier · License #514904
(410) 742-8151
Source:
Searchhomesinbuckscounty
Added: Oct 14, 2024
Changed: Oct 1
Last Checked: Oct 5 at 7:05PM
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 Rinnier Development Co
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
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 $2,975,000.
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.
