11073 Cathell Road, Berlin, MD

Land for Sale - $1,189,900 - 2.38 acres


Agent Info

Henry Hanna
Sperry Van Ness - Miller Commercial

Property Info

CIMLS#969115
Location
  11073 Cathell Road
  Berlin MD 21811
UpdatedFebruary 11th, 2021
TypeLand
Price$1,189,900
Land2.38 acres

Contact


Property Description

Highly visible commercial property prime for redevelopment, or to locate your office or retail location. The site is connected to (via an easement) a recently developed Walgreens at a lighted intersection. The property is situated within sight of the Rt. 90 interchange which is one of three major access points into Ocean City that with 8,000,000 visitors a year. The property currently consists of a 9,248 SF two-story building on 2.38 acres. The zoning is C-2 General Commercial which allows for a more intense commercial development.

Location: The property is located 1-parcel away from a major lighted intersection (adjacent to a Walgreens) in the heart of Ocean Pines, MD which is a premier resort residential community just 5-miles outside of Ocean City, MD. Ocean Pines as 8,452 residential lots with 20,000 residents. Worcester County has the most Blue Ribbon schools of any county in the state per capita. Demographics are strong with household income 40% higher than the national average and average home values are 100% higher than the national average.

Location Description:

The property is located 1-parcel away from a major lighted intersection (adjacent to a Walgreens) in the heart of Ocean Pines, MD which is a premier resort residential community just 5-miles outside of Ocean City, MD. Ocean Pines as 8,452 residential lots with 20,000 residents. Worcester County has the most Blue Ribbon schools of any county in the state per capita.

Highlights:

>> Prime for Redevelopment in strong market

>> 2-miles from Casino at Ocean Downs & 5-miles from Ocean City, MD

>> Adjacent to Walgreens

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