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    214 Pier 1 Rd Stevensville, MD 21666

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Space, Upscale Apartments, Bay Bridge Views

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    Bay Manor Shops, located at 214 Pier 1 Road in Stevensville, MD, presents a unique investment opportunity. This vibrant retail destination offers over 16,000 square feet of ground-floor commercial space, currently available for immediate occupancy. The property sits on a 3.1-acre lot and enjoys a prime location near the Bay Bridge Marina Yacht Club, providing breathtaking views of the Bay Bridge and stunning sunsets. The exceptional location offers easy walking access to popular restaurants like Libbey's Coastal Kitchen & Cocktails and Knoxie's Table, ensuring high foot traffic and convenient amenities for both tenants and residents. Adding to the property's appeal is its integration with 60 upscale apartments, creating a thriving mixed-use environment. This synergistic blend of retail and residential spaces enhances the overall appeal and potential for success. The area is experiencing significant growth, with a planned 28-unit housing development slated for completion in 2025 and a nearby hotel under development, further solidifying the long-term value and potential of this exceptional retail space. This is an unparalleled opportunity to establish a business in a vibrant, growing community with exceptional visibility and access to a desirable demographic.

    Property Features for 214 Pier 1 Rd

    General Information

    Property type
    Retail properties
    Lot Size
    135,036 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Smoove Products Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.32926
    Latitude
    38.97963

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Upscale Apartments, Bay Bridge Views
    Where is this retail property located?
    The property is located at 214 Pier 1 Rd Stevensville, MD.
    (202) 823-4444
    Request Owner's contact information
    214 Pier 1 Rd Stevensville, MD 21666
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    Stevensville, MD 21666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    214 Pier 1 Rd Stevensville, MD 21666
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