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Financial
Distress signals
Property profile

10514 Racetrack Rd Berlin, MD 21811

OFF-MARKET
Other distribution properties
Property ID
US40-0799354
800 SF 2.77 ac lot Built 1991
Last sale Jan 2025 · $2,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an 8-unit neighborhood shopping center totaling 9,600 square feet, situated on Maryland Route 589 in Worcester County’s rapidly growing corridor. The center is set with landscaped grounds that include a picnic area and provides ample on-site parking for customers. An additional contractor shed of approximately 800 square feet is also present on the site. The tenant mix historically included uses such as a restaurant, insurance and tax services, law office, security business, and…

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?
$9k
Tax billed · 2023
Assessed value$953k
Effective rate0.96%

Value estimate

· Oct 2026
$410k
$369k – $451k

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?
C2
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.7
Auto Parts Store10.1
Building Supply10.0

Location

10514 Racetrack Rd Berlin, MD 21811-3241
County assessor Recorded deeds · 4 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

1 recorded sale · 8 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
Nelson, Berlin, MD 21811 $875,000 Sep 2022 1,600 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
5 properties of the same type nearby
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