Property profile

11805 Coastal Hwy G Ocean City, MD 21842

FOR LEASE
Grocery and convenience stores
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Property ID
US40-1223569
40,816 SF 9.64 ac Built 1998
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Ocean City Square is a retail shopping center comprising multiple storefront suites suitable for retail tenancy, with configurations that range from smaller inline spaces to larger units; described suite sizes include Suite I (650 SF), Suite N (2,626 SF), Suite O (750 SF), and Suite Q (1,650 SF). The center is arranged to support a mixed in-center and outparcel retail environment, with major anchors Food Lion and Whiskers Pub and outparcel businesses including Dunkin Donuts, Sunsations, 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$198k
Tax billed · 2023
Assessed value$14.08M
Assessed land$4.74M
Assessed improvement$9.34M
Effective rate1.41%

Value estimate

· Nov 2026
$6.19M
$5.57M – $6.80M
CAP approach$6.49M
Submarket $/SF estimate$4.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$321/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$56 – $552

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?
LC-1
The purpose of this district is to provide primarily for retail shopping, personal service uses, and recreational activities to meet the ...
General categoryCOMMERCIAL
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.9
Building Supply11.9
Hair Salon11.8

Location

11805 Coastal Hwy, Unit G Ocean City, MD 21842
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11624 Ocean, Ocean City, MD 21842-9863 $6,344,632 Feb 2026 4,070 SF
12001 Coastal, Ocean City, MD 21842-4720 $7,954,000 Dec 2022 10,318 SF
8019 Coastal, Ocean City, MD 21842-2829 $5,980,000 Oct 2022 8,847 SF
511 Atlantic, Ocean City, MD 21842-4167 $3,800,000 Apr 2021 4,316 SF
10005 Golf Crse, Ocean City, MD 21842-9700 $153,500 Jan 2021 7,698 SF
14103 Coastal, Ocean City, MD 21842 $1,260,000 Aug 2020 3,168 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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