10307 Racetrack Rd

116,305 / 2.67
Lot Size / Acres

Description

Prime Commercial Opportunity on MD Rt-589
Located on the well-traveled corridor of Racetrack Road (MD Rt-589), this 2.6+ acre commercially zoned parcel offers exceptional visibility, access, and flexibility for a variety of business uses. With over 2.6 acres of land and direct frontage along one of the region’s key connector roads, this property is ideal for those seeking a central location with strong growth potential. An existing 2023 survey and delineation are already on file, streamlining due
...Prime Commercial Opportunity on MD Rt-589

Located on the well-traveled corridor of Racetrack Road (MD Rt-589), this 2.6+ acre commercially zoned parcel offers exceptional visibility, access, and flexibility for a variety of business uses. With over 2.6 acres of land and direct frontage along one of the region’s key connector roads, this property is ideal for those seeking a central location with strong growth potential. An existing 2023 survey and delineation are already on file, streamlining due diligence for future development. Whether you're planning for storage facilities, light industrial operations, office space, contractor use, distribution, a showroom, or a combination of uses, this property offers the layout and zoning to support it. The location provides convenient access to Ocean City, Berlin, and both the Rt 113 and Rt 50 corridors, making it an optimal hub for service-based businesses, logistics, or regional operations. Commercial land of this size and caliber rarely becomes available in this high-demand corridor.

10307 Racetrack Rd represents a unique chance to establish or expand your business in one of Worcester County’s most strategic commercial zones. Worcester County's new comprehensive plan includes bringing both Water and Sewer to this location. Final vote by the Commissioners is still required, but GMB has already completed the Extension Evaluation & Proposal.

Property Details for 10307 Racetrack Road

Tax ID Number
2403012360
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No
LISTING UPDATED: 12/30/2025 02:51 PM

Property Details for 10307 Racetrack Road

StatusActive Under Contract
MLS #MDWO2033578
Days on Market19
Taxes$3,428 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size2.67 AC
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty Delmarva
Add your commute

Building Information for 10307 Racetrack Road

Lot Size2.67 AC

Payment Calculator

$4,185 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10307 Racetrack Road

Location
Location
  • In City Limits: No
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Worcester East of Rt-113
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $392,400
  • Year Assessed: 2025
  • County Tax: $3,027
  • Improvement Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: C2
  • Zoning: C2
  • Zoning Dscrp: Buyer to verify zoning and intended use
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Building Info
  • Possible Use: Agriculture, Automotive, Commercial, Development, Distribution, Financial, Flex Space, Florist/Nursery, Industrial, Investment, Manufacturing, Mixed Use, Office, Professional Service, Storage Yard, Warehouse, Other
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Current Use: Other
  • Parcel ID: 5378864
  • Additional Parcels: No
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Phone Available
  • Water Source: Public
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.GrantF.com

Property History for 10307 Racetrack Road

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Active Under Contract

BRIGHT #MDWO2033578

Oct 24, 2025

Listed (Active)

BRIGHT #MDWO2033578

$800,000
Apr 18, 2024

Expired

BRIGHT #MDWO2014236

May 25, 2023

Listed (Active)

BRIGHT #MDWO2014236

$1,200,000
Jun 8, 2021

Closed (Public Record)

Public Record #1464212953

$280,000

-0.0% / yr

Oct 12, 2006

Expired

BRIGHT #1000687442

Oct 17, 2005

Listed (Active)

BRIGHT #1000687442

$2,995,000
May 30, 2003

Closed (Public Record)

Public Record #114605876

$281,000
DateEvent & SourcePrice
11/11/2025

Active Under Contract

BRIGHT #MDWO2033578

10/24/2025

Listed (Active)

BRIGHT #MDWO2033578

$800,000
04/18/2024

Expired

BRIGHT #MDWO2014236

05/25/2023

Listed (Active)

BRIGHT #MDWO2014236

$1,200,000
06/08/2021

Closed (Public Record)

Public Record #1464212953

$280,000

-0.0% / yr

10/12/2006

Expired

BRIGHT #1000687442

10/17/2005

Listed (Active)

BRIGHT #1000687442

$2,995,000
05/30/2003

Closed (Public Record)

Public Record #114605876

$281,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10307 Racetrack Road

Taxable ValueLand$389,900Additions$2,500Total$392,400
Tax Record2023$3,100 ($258 / month)
Home Facts
Baths1Total Finished SqFt1,433 SqFtAbove Grade Finished SqFt1,433 SqFtStories2Lot Size116,305 SqFtStyleMiscellaneous CommercialYear Built1920ZoningC2CountyWORCESTERAPN03-012360Fireplace TypeHas Fireplace

Schools near 10307 Racetrack Road

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty Delmarva

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/30/2025 02:51 PM