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    Property profile & analytics
    OFF-MARKET
    Community centers

    1147 Ocean Hwy, Pocomoke City, MD 21851-3020

    12,100 SF 2.25 ac lot Built 1968
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US40-0644305
    Property summary
    AI-generated overview

    This 13,000 square foot retail building, situated on two acres in Pocomoke City, Maryland, offers a versatile 2,000 square foot space available January 1, 2025 (or sooner with notice). The single-story building features a flexible layout ideal for various service retail uses. The space includes a retail floor area, three large offices, and a warehouse area with rear lot access. Located directly on Route 13 (Ocean Highway), this property benefits from high visibility and ample parking (20+ spaces), including additional graveled parking. The building boasts 3-phase electrical service and is zoned Commercial B-2. The monthly lease rate is $1500, inclusive of CAM, property taxes, and insurance. Tenants can utilize the highway-facing sign for increased brand visibility. The dimensions of the available space are 20 feet wide by 100 feet long. This property presents a compelling opportunity for businesses seeking a prominent location in a thriving Worcester County market. The property is currently used for office-retail distribution.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1968
    Construction BRICK
    Total area 12,100 SF
    Lot 2.25 ac (98,010 SF)
    Zoning code B-2
    APN 01-009850
    UPID US40-0644305
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Royal Nails Nail Salon
    • TIPCO Technologies General Contractor
    • Angel Trax Advertising Agency Marketing & Advertising
    • Morgans Gift LLC (Bike/Boat/Book/etc) Store
    • WOW 101.1 and 99.3 Media Distribution
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Fairs Properties LLC · 20 yrs held
    Fairs Properties LLC
    since 2005
    7 recorded transactions
    2018
    2005
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    B-2 · Pocomoke City, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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