For Sale
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Property summary
Check out this 1,324 sq ft of existing space on two commercial lots just minutes from the beach, this property is a blank canvas for your development goals. Formerly a bustling laundromat and beauty shop, its location draws both locals and tourists year-round. The size and layout allow for countless possibilities: divide into multiple commercial units, construct new commercial buildings, design a large multifamily project, or transform the space into a sought-after RV park. With prime coastal visibility, walkable surroundings, and generous lot dimensions, it's the perfect foundation for your next income-producing venture. Rarely does a property with this level of flexibility and location hit the market!
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Ocean City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
