Listed by William Rinnier • Rinnier Development Co
$1,612,500
Est. payment /mo
0.75 Acres Lot
Active
12325-LOT 1 OLD BRIDGE RD Ocean City, MD 21842
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWO2032290
HOA Y/N N
Annual Tax Amount $1,543
Tax Year 2024
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
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
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
Location
State MD
County Worcester
Area West Ocean City (85)
Zoning B-2
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Other
Schools
School District Worcester County Public Schools
Others
Tax ID 2410013089
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Zack Grimmer
Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer License ID: RS346782 | 1973175 | BK359849