Property profile

12827 Ocean Gtwy Ocean City, MD 21842

OFF-MARKET
Grocery and convenience stores
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Property ID
US40-1262067
3,742 SF 1.06 ac Built 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 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

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?
$14k
Tax billed · 2023
Assessed value$1.41M
Assessed land$975k
Assessed improvement$436k
Effective rate0.96%

Value estimate

· Nov 2026
$590k
$531k – $649k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.5
Auto Parts Store12.0
Building Supply11.5

Location

12827 Ocean Gtwy Ocean City, MD 21842-9551
County assessor Recorded deeds · 5 transfers 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
106 Division, Ocean City, MD 21842-4061 $1,600,000 Mar 2025 2,624 SF
12742 Ocean, Ocean City, MD 21842-9544 $1,150,000 Jan 2023 2,520 SF
200 Baltimore, Ocean City, MD 21842-4021 $28,000,000 Dec 2021 2,476 SF
511 Atlantic, Ocean City, MD 21842-4167 $3,800,000 Apr 2021 4,316 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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Includes: Price & PSF · Cap rate · Location · Zoning

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