1 year on rocket

0 Racetrack Rd, Berlin, MD, 21811

$399,000

1.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #MDWO2013840
Lot Size1.00 Acres
StatusActive
(ACTIVE)

About 0 Racetrack Rd

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.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
  • Office Phone: (410) 208-3500
  • Listing Agent: Spike Sands

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Rt 50 Heading West make a right on Rt 589. Property on your left about 3/4 of a mile down the rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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Housing Market Comparison

See how this home compares to others in Berlin, MD.

Med. Sold Price

$429.9K

Med. Price/SqFt

$253

Avg. Days On Market

39

# of Sold Homes

32

0 Racetrack Rd vs Berlin

369 DAYS ON ROCKET

+330 Days

$399,000

-$30.9K Less

KEY TAKEAWAY

This property is $30.9K less than the Median Sold Price in Berlin, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2013840

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
  • Office Phone: (410) 208-3500
  • Listing Agent: Spike Sands

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2024, 4:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-9418745
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.04 miles

  • Public District Grades PK-4

Middle School

school-card-donut-9418746
8
/10
  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 1.73 miles

  • Public District Grades 7-8

school-card-donut-9418747
7
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 2.98 miles

  • Public District Grades 4-6

High School

school-card-donut-9418748
6
/10
  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 1.69 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,956. Most Berlin, MD residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Racetrack Rd

What is the listing price of this property?

The listing price of 0 Racetrack Rd property is $399,000.

What type of property is this?

The property 0 Racetrack Rd is land located in Berlin, Maryland, 21811.

Is this property for sale now?

Active Listing: 0 Racetrack Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 0 Racetrack Rd are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 8/10
Berlin Intermediate School: GreatSchools Rating 7/10
Stephen Decatur High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 0 Racetrack Rd is 1.00 acres.
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Rocket HomesMarylandWorcester CountyBerlin218110 Racetrack Rd

This home is located at 0 Racetrack Rd in Berlin, MD and zip code 21811. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since May 06, 2023 and is currently priced at $399,000.

Over 5 listings were sold over their listed price in April 2024 in Berlin, MD. In the same period over 16 listings were sold below the listed price and 11 listings were sold for the listed price. Between March 2024 and April 2024, Berlin, MD real estate market has seen increase in the number of listings by 10.9%. In April 2024 median list price was $429,945 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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