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Financial
Distress signals
Property profile

12505 Coastal Hwy Ocean City, MD 21842

OFF-MARKET
Office Spaces
2,000 SF
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Property summary

AI-generated overview

This exceptional 2,000 square foot office building, formerly occupied by Delmarva Bank, presents a unique investment opportunity in the vibrant Ocean City, Maryland market. Located at 12505 Coastal Highway, zip code 21842, this traditional office space offers immediate occupancy with the entire 2,000 square feet currently vacant. The building's prime location provides excellent visibility and accessibility, making it ideal for a variety of businesses. The property is categorized as a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.4
Dental Office15.6
Law Firm15.0

Location

12505 Coastal Hwy Ocean City, MD 21842
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7800 Coastal, Ocean City, MD 21842-2991 $1,014,000 May 2025 2,680 SF
115 72nd, Ocean City, MD 21842-5229 $2,500,000 Apr 2023 1,920 SF
7406 Coastal, Ocean City, MD 21842-2943 $2,200,000 Jan 2023 2,016 SF
9521 Stephen Decatur, Ocean City, MD 21842 $630,000 Mar 2022 1,636 SF
8200 Coastal, Ocean City, MD 21842-2834 $585,000 Aug 2021 1,946 SF
7802 Coastal, Ocean City, MD 21842-2827 $315,000 Jun 2019 1,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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