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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

    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.
    130 days
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    40
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: December 02, 2025 at 04:01pm

    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#: MDWO2034956MLS Logo

      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
        DateEventPrice
        12/2/2025Listed for sale$2,600,000+420%
        Source: Bright MLS #MDWO2034956 Report a problem
        1/23/2024Sold$500,000-7.4%
        Source: Bright MLS #MDWO2013084 Report a problem
        5/30/2023Contingent$540,000
        Source: Bright MLS #MDWO2013084 Report a problem
        5/8/2023Price change$540,000-40%
        Source: Bright MLS #MDWO2013084 Report a problem
        5/4/2023Listed for sale$899,900
        Source: Bright MLS #MDWO2013084 Report a problem
        4/24/2023Contingent$899,900
        Source: Bright MLS #MDWO2013084 Report a problem
        4/14/2023Listed for sale$899,900
        Source: Bright MLS #MDWO2013084 Report a problem
        4/12/2023Contingent$899,900
        Source: Bright MLS #MDWO2013084 Report a problem
        3/30/2023Listed for sale$899,900-33.3%
        Source: Bright MLS #MDWO2013084 Report a problem
        11/15/2020Listing removed$1,349,000
        Source: Coldwell Banker Realty #MDWO102074 Report a problem
        8/14/2020Price change$1,349,000-10.1%
        Source: Coldwell Banker Residential-123rd #MDWO102074 Report a problem
        9/2/2019Price change$1,499,900-18.9%
        Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO102074 Report a problem
        4/12/2019Price change$1,850,000-2.6%
        Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #MDWO102074 Report a problem
        1/9/2019Listed for sale$1,900,000+2.7%
        Source: Coldwell Banker Residential-120 #MDWO102074 Report a problem
        7/6/2017Listing removed$1,850,000
        Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #492275 Report a problem
        8/13/2014Listed for sale$1,850,000
        Source: Coldwell Banker Residential Brokerage - Ocean City-104th #492275 Report a problem
        11/14/2009Listing removed$1,850,000
        Source: NRT MidAtlantic #408597 Report a problem
        6/19/2008Listed for sale$1,850,000
        Source: NRT MidAtlantic #408597 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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%
        2022$5,517 +15%$576,500 +15%
        2021$4,796 +17.7%$501,167 +17.7%
        2020$4,075 +21.5%$425,833 +21.5%
        2019$3,354 +200.9%$350,500 +197.8%
        2018$1,115 +5.8%$117,700 +5.8%
        2017$1,054 -2%$111,300 +6.1%
        2016$1,076 $104,900 +6.5%
        2015$1,076 $98,500
        2014$1,076 $98,500
        2013-- $98,500 -24.2%
        2012-- $129,900
        2011-- $129,900
        2010-- $129,900 -35.5%
        2009-- $201,260 +16.9%
        2008-- $172,176 +20.3%
        2007-- $143,093 +25.5%
        2006-- $114,010 +21.6%
        2005-- $93,796 +27.5%
        2004-- $73,583 +37.9%
        2003-- $53,370
        2002-- $53,370
        2001-- $53,370

        Find assessor info on the county website

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

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        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 21811

        Getting around

        19 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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