9933 Old Ocean City Blvd - Commercial LAND FOR SALE


Berlin, MD 21811 88,427 SF
$599,000 USD
443-664-6268
9933 Old Ocean City Blvd, Berlin, MD for Sale
$599,000 USD
Commercial LAND - FOR SALE
1/5
88,427 SF

9933 Old Ocean City Blvd
Berlin, MD 21811


HIGHLIGHTS

  • Town water & sewer served — 3 EDUs convey with the sale
  • Confirmed 16,500 SF buildable program, site plan conceptually accepted by Town of Berlin
  • Federal Opportunity Zone & Maryland Enterprise Zone — dual incentive overlay

OVERVIEW

Prime commercial land in the heart of Berlin, MD — two tax parcels (IDs 03-016994 & 03-016986) totaling 2.03 acres conveying together. Town water and sewer in place. Three EDUs convey with the sale. CONFIRMED BUILDABLE PROGRAM Preliminary site plan reviewed and accepted by the Town of Berlin. Confirmed 16,500 SF flex/warehouse building with full tractor-trailer circulation on site. Higher SF configurations possible depending on use. No entitlement risk. Buyer steps into a confirmed development outcome from day one. UTILITIES Town of Berlin water and sewer served. Three EDUs convey with (2) sewer laterals already in place along property on north side of OOC Blvd. NO WETLANDS Site delineated and confirmed clean. No permitting risk, no buildable area loss. ZONING B-2 Shopping District, Town of Berlin. Supports retail, flex, warehouse, showroom, office, and service uses. OPPORTUNITY ZONE Federally designated Opportunity Zone through December 31, 2028. Buyers investing capital gains through a Qualified Opportunity Fund may defer or reduce federal tax liability. Consult your tax advisor regarding timing and eligibility. MARYLAND ENTERPRISE ZONE 10-year declining real property tax credit on new construction plus Maryland income tax credits for job creation. Significant incentive for an owner-occupant building and occupying the site. SCARCITY Among the last available commercially zoned parcels inside Berlin town limits with municipal water and sewer in place. LOCATION Old Ocean City Blvd, Berlin, MD 21811. Established B-2 commercial corridor with strong traffic counts and proximity to Ocean City, Ocean Pines, and the Delaware beaches. PRICING $599,000. Priced at the low end of the comparable corridor range for the most entitled, most shovel-ready site available. Priced to transact. Buyer's agent commission considered. Contact seller directly.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/ACRE

$295,074/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2 Acre B-2 Commercial Land | Berlin MD

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Auto Dealership, Auto Repair, Car Wash, Garden Center, Hold for Development, Hold for Investment, Loft/Creative Space, Medical, Neighborhood Center, Office Park, Parking Lot, Restaurant, Retail Warehouse, Storefront Retail/Office, Strip Center, Warehouse

LAND ACRES

2.03 AC

LAND SF

88,427 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

B-2 Shopping District

APN/PARCEL ID

03-016986,03-016994

ASK ABOUT THIS PROPERTY

Wyatt HarrisonPlak ThatMore Info
443-664-6268

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Wyatt HarrisonPlak ThatMore Info
443-664-6268

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.