1011 Ocean HwyPocomoke City, MD 21851
- Industrial properties
- 8,190 SF
Property Details for 1011 Ocean Hwy
- Year built
- 1980
- Construction
- BRICK
- Lot size
- 4.23 AC
- Property size (Sq ft)
- 8,190 SF
- Zone code
- B-2
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 01-010352
- APU
- 1010352
Description
This exceptional 4.23-acre commercial property, located at 1011 Ocean Highway in Pocomoke City, Maryland (zip code 21851), presents a unique investment opportunity. The 18,000-square-foot retail space, built in 1980, sits on a prominent highway frontage lot, offering unparalleled visibility and high traffic counts due to its direct access to Route 13. Currently vacant, this B-2 zoned property boasts significant potential for a variety of commercial uses. The sale includes a substantial amount of existing inventory, featuring classic cars (including Corvettes), unique gas pumps, and highly sought-after and neon signs. Previously operated as a flea market, the property has a history of multiple monthly vendor leases, suggesting strong potential for continued rental income. The seller will provide detailed inventory information to qualified buyers. This is a rare chance to acquire a large, well-located commercial property with significant upside potential. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,979,564
- Hospitality
- $1,813,270
- Educational
- $1,508,620
- Medical
- $1,560,504
- Retail
- $2,346,742
Location Insight
- City
- Pocomoke City
- County
- Worcester
- State
- Maryland
- Latitude
- 38.0332
- Longitude
- -75.5426
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].