Financial
Distress signals
Property profile

12614 Ocean Gtwy Ocean City, MD 21842

OFF-MARKET
Motels
Property ID
US40-0715809
2,048 SF 1.82 ac lot Built 1965
Last sale May 2026 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use hospitality property is located in West Ocean City on the eastbound side of Route 50, between the Keyser Point Road and Route 611 traffic signals, adjacent to a Holiday Inn Express and across from Baja Amusements and the White Marlin Shopping Center. The site covers 1.82 acres and provides more than 160 feet of direct frontage on Route 50. The building and grounds include 40 residential cottages, a restaurant with an indoor bar, a large pool with an attached pool bar, and both…

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?
$16k
Tax billed · 2023
Assessed value$1.68M
Effective rate0.96%

Value estimate

· Sep 2026
$3.65M
$3.29M – $4.02M

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?
C2
JurisdictionWORCESTER

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 Supply14.2
Auto Parts Store13.4
Dental Office11.8

Location

12614 Ocean Gtwy Ocean City, MD 21842-9540
County assessor Recorded deeds · 5 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
2005 Atlantic, Ocean City, MD 21842-4197 $5,251,000 May 2025 5,784 SF
2000 Baltimore, Ocean City, MD 21842-3532 $5,251,000 May 2025 10,894 SF
9942 Elm, Ocean City, MD 21842-9262 $800,000 May 2022 930 SF
1705 Baltimore, Ocean City, MD 21842-3634 $3,066,849 Dec 2021 11,439 SF
203 9th, Ocean City, MD 21842-3705 $5,200,000 Nov 2021 7,952 SF
207 Baltimore, Ocean City, MD 21842-4020 $3,300,000 Apr 2021 3,480 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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