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Sold for $375,000
  • $375,000

    24420 Ocean Gtwy, Mardela Springs, MD 21837

    --beds
    --baths
    6.9Acres
    Unimproved Land
    Built in ----
    6.9 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    This expansive 6.9-acre land parcel presents a unique investment opportunity, ideal for those looking to capitalize on location. The property was the previous home to a once thriving trailer sales business which is no longer in operation. 2 40x40 buildings offer the bones of an office with showroom space, private offices and half bath. A second 40x40 structure along with 240v outlets, 200A service and twin 12x12 overhead doors is strengthened with steel beams. The trailer sales and repair business previously operated under a zoning variance. To operate another business from this location, one would need a new variance from the county. With a respectable 26,000 average daily traffic count, this property benefits from a rural atmosphere while still being accessible to passing vehicles from either of the two gated entrances. The surrounding landscape not only enhances the aesthetic value but also provides opportunities for outdoor activities, making it attractive for potential buyers seeking a lifestyle that combines nature with convenience. This 6.9-acre parcel is a canvas for future development and investment. With its scenic views, strategic location, and potential for diverse uses, this land offers an exceptional opportunity for investors looking to invest along the Rt 50 corridor. Don't miss the chance to secure a valuable asset in a thriving sector.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tom Ruch 443-235-1347,

    Northrop Realty,

    Listing Team: Bayshore Group Of Northrop Realty

    Bought with:

    Bryan Wieland, 523463

    Benson & Mangold, LLC

    Source: Bright MLS,MLS#: MDWC2020016MLS Logo

    Facts & features

    Property

    Features
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Trees/Woods, Street
    • Frontage length: Road Frontage: 420
    Lot
    • Size: 6.9 Acres
    • Features: Rural
    Details
    • Parcel number: 2301010158
    • Zoning: AR
    • Special conditions: Standard

    Utilities & green energy

    • Electric: 120/240V, 200+ Amp Service, 150 Amps
    • Sewer: Septic Exists
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Mardela Springs

    Financial & listing details

    • Tax assessed value: $108,767
    • Annual tax amount: $1,022
    • Date on market: 10/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: Hoist
    • Ownership: Fee Simple
    • Road surface type: Black Top

    Price history

    DateEventPrice
    6/9/2026Sold$375,000+15.4%
    Source: Bright MLS #MDWC2020016 Report a problem
    12/3/2025Contingent$325,000
    Source: Bright MLS #MDWC2020016 Report a problem
    10/2/2025Listed for sale$325,000
    Source: Bright MLS #MDWC2020016 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 21837

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Wicomico 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.