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Financial
Distress signals
Property profile

1245 Ocean Hwy Pocomoke City, MD 21851

OFF-MARKET
Turn key restaurants
Property ID
US40-0740484
8,767 SF 2.34 ac lot Built 1940
Last sale Dec 2025 · $340,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$346k
Assessed land$150k
Assessed improvement$196k
Effective rate2.09%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$400k

Realmo valuation models over county records.

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

What can be built here?
B-2
The purpose of B-2 zone is to provide public parks, playgrounds and cultural or historical activities, boat dock slips, piers, wharves, a...
General categoryCOMMERCIAL
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store8.2
Pawn Shop8.2
Home Appliance Store7.7

Location

1245 Ocean Hwy Pocomoke City, MD 21851-3014
County assessor Recorded deeds · 7 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 Linden, Pocomoke City, MD 21851-1153 $702,160 Aug 2024 3,574 SF
110 Newtowne, Pocomoke City, MD 21851-2703 $960,000 Oct 2022 15,444 SF
144 Market, Pocomoke City, MD 21851-1051 $192,000 Feb 2022 4,000 SF
142 Market, Pocomoke City, MD 21851-1051 $50,000 Jun 2021 6,570 SF
151 Market, Pocomoke City, MD 21851-1052 $60,000 Jan 2021 2,850 SF
1316 Market, Pocomoke City, MD 21851-1740 $105,700 Jun 2019 4,366 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

Comparable nearby

  • Value Estimation
    $730,000
    9,842 SF
    145 Market St
    RETAIL STORES (PERSONAL SERVICES)
    145 Market St, Pocomoke City, MD 21851-1061
    View Details
  • Value Estimation
    $690,000
    7,360 SF
    2112 Old Snow Hl Rd
    WHOLESALE OUTLET, DISCOUNT STORE
    2112 Old Snow Hl Rd, Pocomoke City, MD 21851-2734
    View Details
  • Value Estimation
    $1,165,000
    11,078 SF
    505 Linden Ave
    RETAIL STORES (PERSONAL SERVICES)
    505 Linden Ave, Pocomoke City, MD 21851-1133
    View Details
  • Value Estimation
    $455,000
    6,120 SF
    140 Market St
    RETAIL STORES (PERSONAL SERVICES)
    140 Market St, Pocomoke City, MD 21851-1051
    View Details
  • Value Estimation
    $385,000
    5,175 SF
    917 Cedar St
    RETAIL STORES (PERSONAL SERVICES)
    917 Cedar St, Pocomoke City, MD 21851-1603
    View Details
  • Value Estimation
    $1,065,000
    15,444 SF
    110 Newtowne Blvd
    DEPARTMENT STORE
    110 Newtowne Blvd, Pocomoke City, MD 21851-2703
    View Details

Similar Nearby for Sale

  • New
    $349,000
    6,120 SF
    Corner Retail Storefront with Office
    Ground-floor corner storefront with large windows and flexible interior space for retail, office, or restaurant uses.
    138 & 140 Market St, Pocomoke City, MD 21851
    View Details
  • New
    Contact for pricing
    22,388 SF
    Unfinished Retail Space
    Commercial unit offering a flexible interior for tenant-specific buildout and customization.
    153 MARKET ST UNIT A, Pocomoke City, MD 21851
    View Details
  • New
    $279,000
    3,150 SF
    Storefront Property with Open Layout
    B-1 zoning, private offices, and existing climate control support adaptable commercial use.
    110 FRONT STREET, Pocomoke City, MD 21851
    View Details
  • New
    Contact for pricing
    49,693 SF
    Neighborhood Shopping Center
    Retail center with prominent signage, substantial parking, and a mix of national and local co-tenants along U.S. Route 13.
    511 LINDEN AVENUE #1B, Pocomoke City, MD 21851
    View Details
  • $249,900
    1,152 SF
    Brick Mixed-Use Property
    Former bank and daycare offers adaptable space for office, retail, and professional service uses.
    1309 Market St, Pocomoke City, MD 21851
    View Details

Similar Nearby for Lease

  • New
    $3,285/Mo
    Mixed-Use Retail Space with Warehouse
    Modified-gross terms include landlord-paid taxes and insurance, plus exterior common-area and interior HVAC maintenance.
    1147 OCEAN Highway, Pocomoke City, MD 21851
    View Details
  • New
    $12 SF/Yr
    1,651 sqft
    Unit A Retail Space
    Unfinished commercial suite offering tenant-specific buildout flexibility for multiple business uses.
    153 MARKET ST UNIT A, Pocomoke City, MD 21851
    View Details
  • $15 SF/Yr
    Neighborhood Shopping Center
    Lease options include inline suites and outparcels with on-site parking and prominent pylon signage.
    1b-511 Linden Ave, Pocomoke City, MD 21851
    View Details
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