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Property profile & analytics
OFF-MARKET
Lifestyle centers

12302 Ocean Hwy Princess Anne, MD 21853

15,982 SF Built 2010
Property ID
Property summary
AI-generated overview

This vibrant mixed-use commercial center, located at the well-lit intersection of Route 13 and UMES Blvd in Princess Anne, Maryland, offers exceptional retail and restaurant opportunities. Built in 2010, the 15,982 square foot property sits on a 2.65-acre lot and boasts ample on-site parking for both employees and customers. Currently, 3,180 square feet of space is available for lease, with flexible configurations ranging from a minimum of 780 square feet to a maximum contiguous space of 2,400 square feet. The C-2 Highway Commercial zoning allows for a variety of uses. Benefit from high visibility and exposure on Route 13, with pylon signage opportunities available. This prime location provides excellent access to the University of Maryland Eastern Shore, ensuring a consistent flow of potential customers. The property's strategic placement at a major entrance to the university makes it an ideal location for businesses seeking a strong customer base. This is a rare opportunity to establish a thriving business in a high-demand area of Somerset County. Contact us today to learn more about leasing options and secure your space in this thriving commercial center.

Property profile
Verified
Property type Lifestyle centers
Year built 2010
Total area 15,982 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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