11204 Racetrack Rd, Berlin, MD 21811
This exceptional office space in Berlin, Maryland offers a variety of unit sizes, perfect for businesses of all scales. Located at 11204 Racetrack Road, this property boasts easy access to major roadways including US 50 and US 113, providing seamless commutes for employees and clients. Its strategic location places it within minutes of Berlin, Ocean City, and Salisbury, offering unparalleled convenience and accessibility. The property is also conveniently situated near Ocean Pines and Atlantic General Hospital. Multiple units are available within two buildings, offering flexibility in space requirements. Ground floor units rent for $21.95 per square foot, while second-floor units are available at $17.95 per square foot. Common area maintenance (CAM) charges are an additional $5.45 per square foot. Available spaces range from 707 to 6,353 square feet. Specific unit sizes include: Building 11200 – Unit 201 (1,595 sq ft), Unit 202 (1,445 sq ft), Unit 203 (1,439 sq ft)
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FYZICAL Therapy & Balance Centers Physician
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FYZICAL® Ocean Pines Physician
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Carson Bunting Physician
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Peninsula Home Care Home Health Care Service
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Robert Steinberg Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.