Property profile

213 Baltimore Ave Ocean City, MD 21842

OFF-MARKET
Motels
Property ID
US40-2392461
5,788 SF 0.16 ac lot Built 2019
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2019
Total area 5,788 SF
Lot 0.16 ac (7,100 SF)
Zoning code DMX
APN 10-030641
UPID US40-2392461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Hardware & Home Improvement

Location

213 Baltimore Ave Ocean City, MD 21842-4302
Ocean City metro Census 950000 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$486k
Blend (final) Blend
$570k

Owner & transaction history

since 2018
7 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2007
$2.5M
1969
Price N/A

Zoning & alternative use

DMX · Ocean City, MD
Zoning description

The purpose of this district is to create a mixed use, pedestrian-oriented area that encourages development and redevelopment characteristic of the oldest part of Ocean City. The area will allow for commercial and person…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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