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    Property profile & analytics

    2000 Baltimore Ave Ocean City, MD 21842-3532

    • Motels
    • 10,894 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $5,125,000
    Last Sale
    May 14, 2025
    $5,251,000
    Location Intelligence
    Property ID
    US40-1431799
    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

    • Eden Roc Motel / Motel / Hotel
    • 27th St Bicycle Rentals / Bicycle Rental Service

    Property Details for 2000 Baltimore Ave

    Year built
    1960
    Construction
    BRICK
    Lot size
    0.33 lot acres
    Property size
    10,894 SF
    Zone code
    R-3
    Property type
    Motels
    APN
    10-043689
    APU
    10043689

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,695,000
      6.5%
      $5,695,000
      7%
      $5,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,780,000
      Geo Method
      $5,920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,410,000
      Retail
      $4,865,000
      Mixed-Use
      $5,810,000
      Hospitality
      $6,530,000
      Educational
      $5,765,000
      Residential Income
      $4,800,000
      Energy
      $5,995,000
      Income-Based Land
      $5,010,000
      Food Service
      $5,215,000

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0764
    Latitude
    38.3497
    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
    $27,298
    $1,184,000
    $752,600
    $1,936,600
    -
    $1,184,000
    $752,600
    $1,936,600

    Comparable in this City

    • Value Estimation by Request
      3,276 SF

      14 Philadelphia Ave

      MOTEL • 3,276 SF
      14 Philadelphia Ave, Ocean City, MD 21842
      View Details
    • Value Estimation by Request
      5,472 SF

      311 Talbot St

      MOTEL • 5,472 SF
      311 Talbot St, Ocean City, MD 21842-4149
      View Details
    • Value Estimation by Request
      14,832 SF

      1901 Atlantic Ave

      MOTEL • 14,832 SF
      1901 Atlantic Ave, Ocean City, MD 21842
      View Details
    • Value Estimation by Request
      19,872 SF

      804 Atlantic Ave

      MOTEL • 19,872 SF
      804 Atlantic Ave, Ocean City, MD 21842-4087
      View Details
    • Value Estimation by Request
      13,370 SF

      1900 Baltimore Ave

      MOTEL • 13,370 SF
      1900 Baltimore Ave, Ocean City, MD 21842-3530
      View Details
    • Value Estimation by Request
      5,450 SF

      2001 Philadelphia Ave

      MOTEL • 5,450 SF
      2001 Philadelphia Ave, Ocean City, MD 21842-3549
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Ocean Block Motel For Sale

      25-room motel steps from the beach in Ocean City.
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      1.60 Acres

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      Prime waterfront restaurant & apartments.
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    Similar Nearby for Lease

    • Contact for pricing
      1,860 SF

      Ocean City Retail Space Available

      Grocery-anchored retail project in Ocean City, available February 2026.
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    • $29 SF/Yr
      12,000 SF

      Medical Office Near Atlantic General

      Proposed medical office building near Atlantic General Hospital in Berlin, MD.
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    • $2,990 /Mo
      16,776 SF

      Ocean City Office Space Available

      Office space for lease with flexible floor plan options.
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    • $100,000

      Retail Space on Atlantic Avenue

      Retail space available for rent on Atlantic Avenue.
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      View Details
    • $1,850 /Mo

      Ocean Block Commercial Office Space

      Commercial office space with sunset views and coastal highway exposure.
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      View Details
    • $575 /Mo

      Private Office Space For Rent

      Individual office spaces available with utilities and internet included.
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      View Details
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    2000 Baltimore Ave
    Ocean City, MD 21842-3532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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