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Description
.65 acres of land located at the northwest intersection of 142nd Street & Coastal Highway (bayside). 3 parcels (5 lots) being sold as a package. Add'l land is available behind this site.
Ocean City is a year round resort and is one of the most popular vacation destinations on the east coast and receives over 8 million visitors each year and has more than 25,000 condominiums and 10,000 hotel rooms.
Highlights
*Zoned LC1 - Local Commercial
*Located near hotels, town homes, condominiums and single family homes.
*Average traffic count of 30,000 automobiles per day
*Within walking distance of the Atlantic Ocean
*Add'l 1.66 acres behind this site could be purchased separately.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 3,007 | 12,873 | 24,762 | |
| Population Median Age | 57 | 57 | 55 | |
| Population by Age | 0-9 Yrs | 72 (2%) | 408 (3%) | 933 (3%) |
| 10-19 Yrs | 78 (2%) | 502 (3%) | 1103 (4%) | |
| 20-29 Yrs | 283 (9%) | 1316 (10%) | 2659 (10%) | |
| 30-39 Yrs | 109 (3%) | 517 (4%) | 1293 (5%) | |
| 40-49 Yrs | 382 (12%) | 1049 (8%) | 1854 (7%) | |
| 50-59 Yrs | 368 (12%) | 1909 (14%) | 3959 (15%) | |
| 60-69 Yrs | 808 (26%) | 3234 (25%) | 6021 (24%) | |
| 70+ Yrs | 907 (30%) | 3937 (30%) | 6940 (28%) | |
| Median HH Income | $52,666 | $57,020 | $64,300 | |
| Total Household Income | < 24K | 281 (17%) | 1244 (18%) | 1825 (14%) |
| 25-49K | 498 (30%) | 1740 (25%) | 2904 (23%) | |
| 50-74K | 276 (17%) | 1455 (21%) | 2533 (20%) | |
| 75-99K | 169 (10%) | 643 (9%) | 1350 (10%) | |
| 100-199K | 282 (17%) | 1255 (18%) | 2656 (21%) | |
| 200K+ | 116 (7%) | 509 (7%) | 1165 (9%) | |
| Highest Education Level | No Diploma | 284 | 868 | 1409 |
| Diploma or GED | 666 | 3126 | 6030 | |
| Some College | 505 | 2501 | 4528 | |
| Assoc. Degree | 260 | 986 | 1698 | |
| Bachelors Degree | 638 | 2442 | 4956 | |
| Higher Degree | 371 | 1390 | 2894 | |
| Total Housing Units | 9,264 | 39,888 | 66,671 | |
| --Owner-Occupied | 1,387 | 5,713 | 10,140 | |
| --Renter-Occupied | 235 | 1,133 | 2,293 | |
| Owner-Occupied Values | < 100K | 54 | 225 | 422 |
| 100-199K | 261 | 933 | 1309 | |
| 200-299K | 335 | 1205 | 2149 | |
| 300-399K | 264 | 1191 | 2380 | |
| 400-499K | 107 | 622 | 1123 | |
| 500K+ | 366 | 1538 | 2757 | |
| Total Working Age Population | 2,898 | 12,179 | 23,073 | |
| In Work Force | 1,380 | 5,700 | 11,685 | |
| Not In Work Force | 1,518 | 6,478 | 11,388 | |
| Workforce Employed | 1,314 | 5,413 | 11,114 | |
| Workforce Unemployed | 65 | 272 | 504 | |
| Civlian Workforce | 1,380 | 5,685 | 11,618 | |
| Military Workforce | 0 | 15 | 67 | |
| Total Households | 1,622 | 6,846 | 12,433 | |
| Family Households | 829 | 3,698 | 7,236 | |
| Non-Family Households | 793 | 3,148 | 5,197 | |
| Married Couple | 694 | 3,114 | 6,189 | |
| Other Family | 135 | 584 | 1,047 | |
| Married w/Child | 57 | 283 | 619 | |
| Single Male w/Child | 0 | 34 | 90 | |
| Single Female w/Child | 20 | 75 | 143 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Delaware | 783,600 | +15 | 897,934 | +10 | 989,803 | +6 | 1,044,965 |
| Sussex County | 156,638 | +26 | 197,145 | +19 | 235,396 | +8 | 255,143 |
| Maryland | 5,296,486 | +9 | 5,773,552 | +6 | 6,141,900 | +6 | 6,518,750 |
| Worcester County | 46,543 | +11 | 51,454 | +3 | 53,100 | +9 | 57,950 |