Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial land

    12325 Old Bridge Rd, Ocean City, MD 21842

    Property ID
    US40-1534438
    Property summary
    AI-generated overview

    Unique 3.64 Acre Site - C2 Commercial Zoning in Worcester County. Many Development Possibilities. Great Road Frontage and Visibility on US Route 50 and MD 707. Owner will consider Multi Use Devleopment/Subdivision. $507,000 Annual Ground Lease - variable pricing based on potential subdivision. Owner will also consider selling the property as one lot or divided into 3 lots. Price: $6,850,000 Together or Subdivided .75 ac @ $1,612,500 1.14 ac @ $2,262,500 1.75 ac @ $2,975,000; or $507,000 Annual Ground Lease Size: 3.64 Acres w/ C2 Commercial Zoning

    Property profile
    Verified
    Property type Commercial land
    UPID US40-1534438
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message