Realmo Analytics

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Property profile

7100 Coastal Hwy Ocean City, MD 21842

OFF-MARKET
Motels
Property ID
US40-1978259
14,616 SF 0.75 ac lot Built 1973
Last sale Nov 2021 · $6,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 54-unit motel configured with efficiency-style rooms. It is located on the Ocean Side at 71st Street in Ocean City and includes an on-site pool along with excess guest parking. The motel has undergone renovations within the past several years, including new heating and air conditioning systems, and it features a newly installed laundry facility. The property has a bike score of 49 (somewhat bikeable) and a walk score of 47 (more car-dependent).

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?
$43k
Tax billed · 2023
Assessed value · 2024$3.50M
Effective rate1.24%

Value estimate

· Nov 2026
$7.19M
$6.47M – $7.91M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$540/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$263 – $723

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?
R-3
The purpose of this district is to encourage a durable and attractive vacation living environment which includes variety in housing types...
General categoryCOMMERCIAL
JurisdictionWORCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.8
Furniture Store8.7
Convenience Store8.7

Location

7100 Coastal Hwy Ocean City, MD 21842-2930
County assessor Recorded deeds · 2 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7500 Coastal, Ocean City, MD 21842-2938 $3,075,000 May 2025 12,718 SF
2000 Baltimore, Ocean City, MD 21842-3532 $5,251,000 May 2025 10,894 SF
2700 Baltimore, Ocean City, MD 21842-3440 $16,000,000 Oct 2022 16,560 SF
1705 Baltimore, Ocean City, MD 21842-3634 $3,066,849 Dec 2021 11,439 SF
1900 Philadelphia, Ocean City, MD 21842-3548 $3,350,000 Nov 2021 12,490 SF
203 9th, Ocean City, MD 21842-3705 $5,200,000 Nov 2021 7,952 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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