Property profile

1401 Atlantic Ave Ocean City, MD 21842

OFF-MARKET
Retail space
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Property ID
US40-1263085
5,654 SF 0.79 ac Built 1998
Last sale Mar 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ 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?
$221k
Tax billed · 2023
Assessed value$15.70M
Effective rate1.41%

Value estimate

· Nov 2026
$2.16M
$1.94M – $2.37M

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?
R-3
The purpose of this district is to encourage a durable and attractive vacation living environment which includes variety in housing types...
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 Office10.5
Wholesale Shop9.1
Plumbing Service9.0

Location

1401 Atlantic Ave Ocean City, MD 21842-7298
County assessor Recorded deeds · 12 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
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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Includes: Price & PSF · Cap rate · Location · Zoning

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