Property
Ocean City, MD 21842 12325 Old Bridge Road LOT 3
$2,975,000
Presented By: Rinnier Development Co
Home Details
Unique 3.64 Acre Site - Many Development Possibilites. Great Frontage and Visibility on US
50 and MD 707. Owner will consider Multi Use Development/Subdivision.
Property Highlights:
High Visibility with Many Potential Use
Great Road Frontage
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
Presented By: Rinnier Development Co
General for 12325 Old Bridge Road LOT 3
Additional Parcels Y/NNo
CityOCEAN CITY
Clean Green Assessed Y/NNo
CountyWORCESTER
Current UseVacant
DirectionsRoute 50 East, Property is located on the corner of US Route 50 and Old Bridge Road, next to the Worcester County Welcome Center
HOANo
Lot Size Square Feet158558.00
Lot Size UnitsSquare Feet
MLS AreaWest Ocean City (85)
OwnershipFee Simple
PossessionSettlement
Possible UseApartment Building, Apartments, Automotive, Bar/Tavern/Lounge, Barber/Beauty, Bed & Breakfast, Beer/Wine/Liquor, Church, Clothing, Commercial, Convenience Store, Day Care, Development, Distribution, Dry Cleaner, Fi
Price Per Sq Ft Total AG18.76
Property SubtypeLand
Property TypeLand
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1543.0
Tax Assessed Value161200.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
ZoningB-2
Exterior for 12325 Old Bridge Road LOT 3
Land Use CodeR
Lot Dimensions0.00 x 0.00
Lot Size Acres3.64
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Number of Lots3
Water Oriented Y/NNo
Water SourceOther
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate