10307 Racetrack Rd Berlin, MD 21811
Estimated payment $4,494/month
About This Lot
Prime Commercial Opportunity on MD Rt-589 Located on the well-traveled corridor of Racetrack Road (MD Rt-589), this 2.6+ acre commercially zoned parcel offers exceptional visibility, access, and flexibility for a variety of business uses. With over 2.6 acres of land and direct frontage along one of the region’s key connector roads, this property is ideal for those seeking a central location with strong growth potential. An existing 2023 survey and delineation are already on file, streamlining due diligence for future development. Whether you're planning for storage facilities, light industrial operations, office space, contractor use, distribution, a showroom, or a combination of uses, this property offers the layout and zoning to support it. The location provides convenient access to Ocean City, Berlin, and both the Rt 113 and Rt 50 corridors, making it an optimal hub for service-based businesses, logistics, or regional operations. Commercial land of this size and caliber rarely becomes available in this high-demand corridor. 10307 Racetrack Rd represents a unique chance to establish or expand your business in one of Worcester County’s most strategic commercial zones. *Worcester County's new comprehensive plan includes bringing both Water and Sewer to this location. Final vote by the Commissioners is still required, but GMB has already completed the Extension Evaluation & Proposal.
Listing Agent
(410) 430-5880 grant@markf.com Keller Williams Realty Delmarva License #RA0020779 Listed on: 10/24/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,428
Lot Details
- 2.67 Acre Lot
- 2 Lots in the community
- Property is zoned C2, Buyer to verify zoning and intended use
Utilities
- No Septic System
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2403012360
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,681 | $392,400 | $389,900 | $2,500 |
| 2024 | $3,472 | $358,167 | $0 | $0 |
| 2023 | $3,146 | $323,933 | $0 | $0 |
| 2022 | $2,820 | $289,700 | $275,200 | $14,500 |
| 2021 | $2,832 | $289,700 | $275,200 | $14,500 |
| 2020 | $2,832 | $289,700 | $275,200 | $14,500 |
| 2019 | $2,958 | $302,800 | $254,200 | $48,600 |
| 2018 | $1,375 | $139,500 | $93,300 | $46,200 |
| 2017 | $1,262 | $133,233 | $0 | $0 |
| 2016 | $1,300 | $126,967 | $0 | $0 |
| 2015 | $1,339 | $120,700 | $0 | $0 |
| 2014 | $1,339 | $120,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | None Available | |
| Deed | $281,000 | -- | |
| Deed | $66,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $66,000 | No Value Available | |
| Closed | -- | No Value Available |
Source: Bright MLS
MLS Number: MDWO2033578
APN: 03-012360
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