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Property profile & analytics

1532 Ocean Hwy Pocomoke City, MD 21851-3023

  • Strip malls
  • 10,806 SF
  • 0.81 lot acres
OFF-MARKET
Last Sale
Jun 09, 2022
$600,000
Value Estimations
$630,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US40-0014730
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.

Current Use by Public Records

  • Open Arms & Hearts Health Services / Medical Clinic
  • Unified health massage center / Alternative Medicine Practice / Spa & Massage Center
  • Clarissa Trader / Registered General Nurse
  • LKC Systems / Industrial Manufacturer / Production Facility
  • Monumental Life Insurance Co / Insurance Agency

Property Details for 1532 Ocean Hwy

Year built
2007
Lot size
0.81 lot acres
Property size
10,806 SF
Zone code
R-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
01-010204
APU
1010204

Description

This 1 sq. ft. retail space at 1532 Ocean Highway UNIT 103, Pocomoke City, MD, offers exceptional visibility directly on the northbound Business Rt 13. Built in 2007, this single-tenant property boasts dedicated parking and prominent monument and building signage opportunities. The open floor concept includes a single bathroom, back office space, and storage area. The property is immediately available and zoned R-2. An attractive feature is the option to lease an adjacent 1000 sq. ft. garage storage space for an additional $250 per month. This space sits next to a 2000 sq. ft. office space, presenting a potential for expansion or combination should the need arise. The lot size is 0.81 acres. Common area maintenance (CAM) is approximately $2.00 per square foot. This location provides excellent exposure for a variety of retail businesses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $690,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pocomoke City
County
Worcester
State
Maryland
Longitude
-75.5429
Latitude
38.0513
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
$10,614
$0.00
$0.00
$508,300
-
$118,900
$459,000
$577,900
More about this property
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