Financial
Distress signals
Property profile

7100 Coastal Hwy Ocean City, MD 21842

OFF-MARKET
Motels
Property ID
US40-1978259
14,616 SF 0.75 ac lot Built 1973
Last sale Nov 2021 · $6,500,000
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.
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Property summary

AI-generated overview

The property is a 54-unit motel configured with efficiency-style rooms. It is located on the Ocean Side at 71st Street in Ocean City and includes an on-site pool along with excess guest parking. The motel has undergone renovations within the past several years, including new heating and air conditioning systems, and it features a newly installed laundry facility. The property has a bike score of 49 (somewhat bikeable) and a walk score of 47 (more car-dependent).

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.

Mortgages

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 · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$3.50M
Effective rate1.24%

Value estimate

· Sep 2026
$7.19M
$6.47M – $7.91M

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.8
Furniture Store8.7
Convenience Store8.7

Location

7100 Coastal Hwy Ocean City, MD 21842-2930
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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7500 Coastal, Ocean City, MD 21842-2938 $3,075,000 May 2025 12,718 SF
2000 Baltimore, Ocean City, MD 21842-3532 $5,251,000 May 2025 10,894 SF
2700 Baltimore, Ocean City, MD 21842-3440 $16,000,000 Oct 2022 16,560 SF
1705 Baltimore, Ocean City, MD 21842-3634 $3,066,849 Dec 2021 11,439 SF
1900 Philadelphia, Ocean City, MD 21842-3548 $3,350,000 Nov 2021 12,490 SF
203 9th, Ocean City, MD 21842-3705 $5,200,000 Nov 2021 7,952 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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