Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    9315 Ocean Hwy Delmar, MD 21875

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9315 Ocean Hwy Delmar, MD 21875


    • Medical Office Space
    • 10,012 SF
    • 3.96 lot acres
    Ocean Highway Medical Office Building For Sale
    Contact for pricing

    Ocean Highway Medical Office Building

    Prime Delmar, MD Medical/Office Space

    9315 Ocean Hwy, Delmar, MD 21875
    View Listing
    Property ID
    US40-1349131
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Peninsula Endoscopy Center: Routenberg John MD / Physician
    • Peninsula Endoscopy Center / Medical Clinic
    • Dr. Georgianna K. Mitchell, MD / Physician
    • Qualey Deborah A MD / Physician
    • Best Remedy Urgent Care, LLC. / Medical Clinic

    Property Details for 9315 Ocean Hwy

    Year built
    2005
    Construction
    WOOD
    Lot size
    3.96 lot acres
    Property size
    10,012 SF
    Zone code
    C
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    11-016308
    APU
    11016308

    Description

    This exceptional 13,000 square foot building in Delmar, MD, presents a unique investment opportunity. Previously operating as a surgery center and medical office, this versatile property offers flexible leasing options. The building comprises a 7,200 square foot surgery center, a 3,500 square foot medical office, and a 2,300 square foot second-floor space, each with its own entrance and restrooms. Leasing can be arranged for the entire building, or individual sections. The asking lease rate is $16.50 per square foot for the entire building or the 3,500 square foot medical office portion. The 7,200 square foot surgery center is available for $18.00 per square foot. The 2,300 square foot second-floor space is available separately at $8.00 per square foot, but only after the surgery center is leased. The property boasts a convenient covered drop-off/pick-up area and ample parking. Its adaptable design allows for conversion to traditional professional office space. The building is in excellent condition and strategically located on Route 13 between Salisbury, MD and Delmar, MD/DE, providing access to Wicomico and Sussex Counties. The property benefits from easy highway access, acceleration/deceleration lanes, pylon signage, and established stormwater management. The entire property is also available for purchase at $1,987,500, with an adjacent 2.5+ acre parcel available for an additional $500,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,358,000
      Market price range: $635k - $2.32M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,745,000
      Current use
      COMMERCIAL (GENERAL)
      $2,055,000
      Change: +18% Conversion: Easy
      RESTAURANT
      $1,615,000
      Change: -8% Conversion: Difficult
      OFFICE BUILDING
      $1,565,000
      Change: -10% Conversion: Easy
      RETAIL STORES
      $1,465,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Delmar
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5592
    Latitude
    38.4475
    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
    $12,054
    $458,800
    $749,600
    $1,208,400
    -
    $458,800
    $749,600
    $1,208,400
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message