0 Racetrack Road

Berlin, MD 21811

$399,000
Price
43,560 / 1
Lot Size / Acres

Description

Calling all investors, small business owners and entrepreneurs! This C-2 Zoned Commercial Property on Route 589, just outside of Ocean Pines, has tremendous potential to generate consistent revenue for its new owner. With 220’ of road frontage, high traffic count and direct access to busy Route 589, the opportunities are endless. It’s a great opportunity in a high-volume, growing area along Route 589. C2 zoning allows for a number of different commercial applications including hotel/motel, retail,...Calling all investors, small business owners and entrepreneurs! This C-2 Zoned Commercial Property on Route 589, just outside of Ocean Pines, has tremendous potential to generate consistent revenue for its new owner. With 220’ of road frontage, high traffic count and direct access to busy Route 589, the opportunities are endless. It’s a great opportunity in a high-volume, growing area along Route 589. C2 zoning allows for a number of different commercial applications including hotel/motel, retail, restaurants, fast food, doctor offices, storage, contractor shops, etc. Proposed drawing can help you visualize what is possible - 4,000+ sq. ft. building with 17 parking spots. Includes storm water management. Really, the only limit is your imagination. Hop on the wave of growth this area is experiencing. 70% owner financing is available. Perk test is on file with the county.
  1. Listed by Spike Sands • Berkshire Hathaway HomeServices PenFed Realty - OP
    P: 4432350489 spikesands@gmail.com

Property Details for 0 Racetrack Road

Tax ID Number
2403010929
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Central Air
No
Construction Completed
No

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute
LISTING UPDATED: 03/01/2024 11:14 AM

Property Details for 0 Racetrack Road

StatusActive
MLS #MDWO2013840
Days on Market365
Taxes$1,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size1.00 AC
CountyWorcester County

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute

Building Information for 0 Racetrack Road

Lot Size1.00 AC

Payment Calculator

$2,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 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: 2023
  • Tax Assessed Value: $162,500
  • Year Assessed: 2023
  • County Tax: $1,373
  • Clean Green Assessed: No
  • Land Use Code: C
  • Zoning: C2
  • Zoning Dscrp: Commercial
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Building Info
Building Info
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: Commercial
  • Road Frontage Length: 220.00
  • Parcel ID: 5378746
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: None
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.ocmdrealtor.com

Property History for 0 Racetrack Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 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
Showell 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.

Similar Homes

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Similar Sold Homes

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0 Racetrack Road is a 1 ac of land for sale in Berlin, MD 21811. This property was listed for sale on May 6, 2023 by Berkshire Hathaway HomeServices PenFed Realty - OP, it's currently listed at $399,000. It has been on the market for a total of 365 days and was last sold on August 13, 2021. This listing's school district is Worcester County Public Schools. Nearby schools include Showell Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 0 Racetrack Road is a 0-bed, 0-bath, 1 ac of land on a 43,560 sq. ft. / 1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP

© 2024 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 03/01/2024 11:14 AM