About This Home
This land at 10329 RACETRACK Road in Berlin, MD is listed for $2,600,000 (9.26 acres).
Key Features
- 9.26 acre lot
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 growt
h 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
10329 RACETRACK Road
Berlin, MD 21811
Questions & Answers
This 0-bedroom, 0-bathroom land at 10329 RACETRACK Road is listed at $2,600,000. The estimated monthly payment is $13,905 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 9.26 acre lot.
This property is listed by Wesley Cox and can be reached at 4105432421.