Listed by William Rinnier • Rinnier Development Co
$507,000
3.64 Acres Lot
Active
12325 OLD BRIDGE Ocean City, MD 21842
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Key Details
Property Type Commercial Lease
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Rent
MLS Listing ID MDWO2026434
Lot Size 3.640 Acres
Acres 3.64
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
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
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
Location
State MD
County Worcester
Area West Ocean City (85)
Zoning B-2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Cleared, Level, Road Frontage
Sewer Public Sewer
Water Other
New Construction Y
Schools
School District Worcester County Public Schools
Others
Tax ID 2410013089
Ownership Other
NEARBY SCHOOL & BUSINESS