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    12325 Old Bridge Rd Ocean City, MD 21842

    Sponsored
    For Sale
    $507,000

    Prime 3.64-acre C2 zoned land. High visibility, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.64-acre commercial land parcel presents a unique investment opportunity in Ocean City, Maryland. Located at 12325 Old Bridge Rd, Worcester County, zip code 21842, this property boasts a highly desirable C2 Commercial zoning designation, opening doors to a wide range of development possibilities. The site offers significant road frontage and exceptional visibility on US Route 50 and MD 707, ensuring high traffic exposure for any future development. The asking price for this annual ground lease is $507,000

    Property Features for 12325 Old Bridge Rd

    General Information

    Property type
    Land
    Lot Size
    158,558 SF

    HighLights

    • 3.64‑acre commercial land parcel in Ocean City, MD.
    • Located at 12325 Old Bridge Rd, Worcester County, 21842.
    • C2 Commercial zoning allows diverse development options.
    • High visibility and traffic exposure on US Route 50 and MD 707.
    • $507,000 asking price for an annual ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.124652569408
    Latitude
    38.338254079234

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    FAQs

    What type of property is this?
    Land - Prime 3.64-acre C2 zoned land. High visibility, development potential.
    Where is this 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 $507,000.
    What are key features of this property?
    This property features: 3.64-acre commercial land parcel in Ocean City, MD.; Located at 12325 Old Bridge Rd, Worcester County, 21842.; C2 Commercial zoning allows diverse development options.
    Request Owner's contact information
    12325 Old Bridge Rd Ocean City, MD 21842
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    Ocean City, MD 21842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12325 Old Bridge Rd Ocean City, MD 21842
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