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Property profile

1700 Ocean Gtwy Trappe, MD 21673

FOR SALE
Industrial properties
Property ID
US40-0874990
8,664 SF 8.66 ac lot Built 1987
Last sale Oct 2000 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10.5-acre commercial property presents a unique investment opportunity in Trappe, Maryland. Strategically located on Ocean Gateway, just north of the Choptank River Bridge, this site boasts unparalleled visibility and accessibility. The expansive 475,000 square foot parcel offers significant development potential, ideal for a variety of commercial ventures. Its prime waterfront location provides stunning views and adds considerable value. Currently, the property awaits…

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?
$13k
Tax billed · 2023
Assessed value$1.58M
Assessed land$407k
Assessed improvement$1.17M
Effective rate0.86%

Value estimate

· Oct 2026
$800k
$720k – $880k

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?
A1
JurisdictionTALBOT

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand index
Bakery8.2
Grocery Store7.3
Breakfast7.2

Location

1700 Ocean Gtwy Trappe, MD 21673
County assessor Recorded deeds · 9 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

2 recorded sales · 10 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4234 Lovers, Trappe, MD 21673-1865 $250,000 Jul 2021 6,090 SF
3795 Ocean, Trappe, MD 21673-2019 $520,000 Jun 2021 5,885 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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