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Listed by Wesley Cox • SVN/Miller Commercial Real Estate
$ 2,600,000
Est. payment | /mo
9.26 Acres Lot
$ 2,600,000
Est. payment | /mo
9.26 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWO2034956
HOA Y/N N
Annual Tax Amount $4,635
Tax Year 2025
Lot Size 9.260 Acres
Acres 9.26
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
Excellent commercial development opportunity along Racetrack Road situated across from Ocean Downs Casino. Also located just minutes from Ocean Pines, this 9.26+/- -acre parcel includes approximately 7.89 acres of commercially zoned land. Public sewer & water was just made available, while there is still an existing well, septic system, and electric service in place.
Recent improvements include re-zoning to C2 Commercial, an environmental wetland survey with all non-tidal wetlands plated, verified boundary and critical area lines, an approved rezoning removing the Resource Protected line, and a conceptual site plan. Worcester County's engineering study has deemed public water and sewer feasible, with approximately 363 EDUs available for a buyer to purchase (buyer to verify on their own with the County), with full availability expected in roughly three years.
With strong visibility across from the Ocean Downs Casino, good traffic counts along this primary growth corridor, and as one of the larger commercially zoned parcels with public sewer available, the property offers exceptional potential for hotel, restaurant, office, or mixed-use development.
Recent improvements include re-zoning to C2 Commercial, an environmental wetland survey with all non-tidal wetlands plated, verified boundary and critical area lines, an approved rezoning removing the Resource Protected line, and a conceptual site plan. Worcester County's engineering study has deemed public water and sewer feasible, with approximately 363 EDUs available for a buyer to purchase (buyer to verify on their own with the County), with full availability expected in roughly three years.
With strong visibility across from the Ocean Downs Casino, good traffic counts along this primary growth corridor, and as one of the larger commercially zoned parcels with public sewer available, the property offers exceptional potential for hotel, restaurant, office, or mixed-use development.
Location
State MD
County Worcester
Area Worcester East Of Rt-113
Zoning C2
Exterior
Utilities Available Sewer Available, Water Available
Water Access N
Garage N
Building
Lot Description Non-Tidal Wetland, Partly Wooded, Premium, Road Frontage
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Worcester County Public Schools
Others
Tax ID 2403011836
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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