Movoto Real Estate
Sold on 11/06/2024
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0 Racetrack Rd, Berlin, MD 21811

$280,000

Last sold 11/06/2024 after 550 Days

  • bed

  • bath

  • 1

    Acre ($280K/Acre)

Lot/Land not for sale

About 0 Racetrack Rd

Property type Lot/Land
HOA fee $0/month
Lot size 1 Acre
Property description
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.
Listed by
Listing Agent - Spike Sands
Listing Office - Berkshire Hathaway HomeServices PenFed Realty - OP
Source: Bright MLS mls logo
MLS#MDWO2013840 • last updated 1 year ago
Movoto checked Bright MLS for data 7 minutes ago
Overview
Type Land
SubType Land
Status Closed
Lot Size (SqFt) 43560
Lot Size (Acres) 1
County Tax 1479, Annually
Tax: Assessed Value 175000
Annual Property Tax 1675
Foreclosure (Y/N) N
Amenities / Utilities
Sewer/ Septic No Septic System
Location
Water Source None
School District WORCESTER COUNTY PUBLIC SCHOOLS
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
Zoning C2, Commercial
Lot/ Land Details
Current Use Commercial
  • Nov 2024
    mls logo MLS # MDWO2013840
  • Nov 6, 2024 Sold
    $280,000 (-29.8%)
  • Nov 2, 2024 Pending
  • Sep 26, 2024 Active
  • Sep 5, 2023 Price Change
    $399,000 (-18.6%)
  • Aug 16, 2023 Price Change
    $490,000 (-9.2%)
  • May 6, 2023 Listed
    $539,900 (-58.5%)
  • Aug 2021
    mls logo MLS # 1001562402
  • Aug 13, 2021 Sold
    $1,300,000 (+400.0%)
  • Jun 22, 2021 Active
  • Jul 23, 2019 Pending
  • Jun 21, 2016 Listed
    $1,791,900
  • May 2019
    mls logo MLS # MDWO104326
  • May 9, 2019 Price Change
    $260,000 (-5.5%)
  • Mar 15, 2019 Listed
    $275,000 (-84.7%)
  • 0 Racetrack Rd
    $280K
  • 21811
    $515K +5% y/y
  • Berlin
    $589K +7% y/y
No chart available
Statistics calculated by Movoto

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9/10
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Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto 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. Data last updated: 9/3/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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