Property profile

2709 Atlantic Ave Ocean City, MD 21842

OFF-MARKET
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Property ID
US40-1020891
27,000 SF 0.65 ac Built 1977
Last sale Oct 2022·$16,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$66k
Tax billed · 2023
Assessed value$4.70M
Assessed land$4.36M
Assessed improvement$340k
Effective rate1.41%

Value estimate

· Nov 2026
$16.79M
$15.11M – $18.47M
AI approach$10.56M
Submarket $/SF estimate$16.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$540/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$263 – $723

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

What can be built here?
R-3
The purpose of this district is to encourage a durable and attractive vacation living environment which includes variety in housing types...
General categoryCOMMERCIAL
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.6
Electrical Service9.4
Tailor Shop8.9

Location

2709 Atlantic Ave Ocean City, MD 21842
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1901 Baltimore, Ocean City, MD 21842-3529 $9,170,000 Nov 2022 18,816 SF
1301 Atlantic, Ocean City, MD 21842-7348 $8,718,318 Apr 2022 38,834 SF
2408 Baltimore, Ocean City, MD 21842-3428 $5,850,000 Apr 2021 34,554 SF
12806 Ocean, Ocean City, MD 21842-9546 $11,710,000 Mar 2020 17,973 SF
12500 Coastal, Ocean City, MD 21842-4711 $3,050,000 Dec 2019 36,179 SF
3010 Baltimore, Ocean City, MD 21842-8547 $10,775,000 May 2019 15,560 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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