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.
Lot/land
$2,600,000
10329 Racetrack Rd, Berlin, MD 21811
--beds
--baths
9.26Acres
Unimproved Land
Built in ----
9.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days |
- 78 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 09:48am
Listed by:
Wesley Cox 410-543-2421,
SVN |Miller Commercial Real Estate 410-543-2440,
Co-Listing Agent: Trent Maynard Spicer-Davis 410-543-2440,
SVN |Miller Commercial Real Estate
Source: Bright MLS,MLS#: MDWO2034956
Facts & features
Property
Features
- Frontage type: Road Frontage
- Frontage length: Road Frontage: 930
Lot
- Size: 9.26 Acres
- Features: Non-Tidal Wetland, Wooded, Premium
Details
- Parcel number: 2403011836
- Zoning: C2
- Zoning description: C2 Commercial
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
- Utilities for property: Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Berlin
Financial & listing details
- Tax assessed value: $500,000
- Annual tax amount: $4,635
- Date on market: 11/20/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Listed for sale | $2,600,000+420% |
Source: | ||
| 1/23/2024 | Sold | $500,000-7.4% |
Source: | ||
| 5/30/2023 | Contingent | $540,000 |
Source: | ||
| 5/8/2023 | Price change | $540,000-40% |
Source: | ||
| 5/4/2023 | Listed for sale | $899,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,695 -1.9% | $500,000 |
| 2024 | $4,785 -22.9% | $500,000 -22.9% |
| 2023 | $6,210 +12.6% | $648,900 +12.6% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 21811
Nearby schools
GreatSchools rating
- 7/10Berlin Intermediate SchoolGrades: 5-6Distance: 2.9 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 1.7 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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