Property summary
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)
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Home Health Care Service
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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