12817 Harbor Rd Ocean City, MD 21842
Property profile & analytics
12817 Harbor Rd Ocean City, MD 21842
- Turn key restaurants
- 1,512 SF
- 0.55 lot acres
Property ID
US40-1080421
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- OC Bay Hopper / Freight Service / Logistics Company
- Salty Siren, OC Siren / (Bike/Boat/Book/etc) Store
- Go With The Flow MD / (Bike/Boat/Book/etc) Store
- Sail Alyosha / (Bike/Boat/Book/etc) Store
- Pier 23 / Restaurant
Property Details for 12817 Harbor Rd
- Year built
- 2022
- Construction
- BRICK
- Lot size
- 0.55 lot acres
- Property size
- 1,512 SF
- Zone code
- CM
- Property type
- Turn key restaurants
- APN
- 10-013879
- APU
- 10013879
Description
This exceptional $7,000,000 mixed-use investment opportunity in Ocean City, Maryland, presents a unique blend of commercial and residential income streams. Located at 12817 Harbor Rd, this property encompasses four parcels totaling 1.6 acres and boasts a prime deepwater marina-fronting location with 11 boat slips. The centerpiece is Pier 23 Restaurant, a fully equipped and operational establishment. Significant additional income is generated by an accompanying apartment building, providing a stable and diversified revenue stream. The property benefits from CM & C2 zoning, allowing for a variety of potential uses and future development possibilities. Convenient parking is also included, located directly across the street from the restaurant and apartment building. Situated in Worcester County, Maryland, with a zip code of 21842, this property offers unparalleled access to the vibrant Ocean City waterfront and its thriving tourism industry. The strategic location and diverse income streams make this a compelling investment opportunity with significant potential for long-term growth and profitability. This is a rare chance to acquire a well-established, income-producing property in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ocean City
- County
- Worcester
- State
- Maryland
- Longitude
- -75.1062
- Latitude
- 38.3267
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,512
$0.00
$0.00
$2,143,400
-
$1,638,700
$584,600
$2,223,300
