Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Alternative Medicine Practice Spa & Massage Center
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Registered General Nurse
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Industrial Manufacturer Production Facility
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
l permitted uses. § 230-34 Conditional uses. § 230-35 Accessory uses. § 230-36 Height regulations. § 230-37 Area, yard and bulk regulations. § 230-38 Parking regulations and facilities; recreational vehicles. Article VI…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Pocomoke City, MDl permitted uses. § 230-34 Conditional uses. § 230-35 Accessory uses. § 230-36 Height regulations. § 230-37 Area, yard and bulk regulations. § 230-38 Parking regulations and facilities; recreational vehicles. Article VI…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
l permitted uses. § 230-34 Conditional uses. § 230-35 Accessory uses. § 230-36 Height regulations. § 230-37 Area, yard and bulk regulations. § 230-38 Parking regulations and facilities; recreational vehicles. Article VI…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-2 in Pocomoke City, MD.
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