$507,000
12325 Old Bridge, Ocean City, MD, 21842
3.64
Acres
Unique 3.64 Acre Site with many development possibilities. Great road frontage and visibility on US 50 and MD 707. Owner will consider multi use development/subdivision. C2 Commercial Zoning for Worcester County. $507,000 Annual Ground Lease - variable pricing base on potential subdivision. Price: $6,850,000 Together or Subdivide .75 ac @ $1,612,500 1.14 ac @ $2,262,500 1.75 ac @ $2,975,000; or $507,000 Annual Ground Lease Size: 3.64 Acres w/ C2 Commercial Zoning
Listing Details
| Office | Rinnier Development Co |
|---|---|
| Contact Info | (410) 742-8151 |
Facts & Features
| MLS® # | MDWO2026434 |
|---|---|
| Price | $507,000 |
| Bathrooms | 0.00 |
| Acres | 3.64 |
| Type | Commercial Lease |
| Sub-Type | Land for Commercial Use |
| Status | Active |
Community Information
| Address | 12325 Old Bridge |
|---|---|
| Area | West Ocean City (85) |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Lot Description | Cleared, Level, Road Frontage |
|---|
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 21st, 2024 |
|---|---|
| Days on Market | 371 |
| Zoning | B-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |