Financial
Distress signals
Property profile

12718 Ocean Gtwy Ocean City, MD 21842

OFF-MARKET
Motels
Property ID
US40-1978425
12,720 SF 6.38 ac lot Built 2023
Last sale Sep 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$61k
Tax billed · 2023
Assessed value · 2024$7.95M
Assessed land$3.41M
Assessed improvement$4.54M
Effective rate0.77%

Value estimate

· Sep 2026
$1.51M
$1.36M – $1.66M
CAP approach$1.80M
Sales comparison$1.89M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$540/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$263 – $723

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply12.8
Auto Parts Store12.6
Dental Office10.4

Location

12718 Ocean Gtwy Ocean City, MD 21842-9542
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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