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Property profile & analytics
OFF-MARKET
Commercial real estate

Unit SLIPS 3& Wells Cove Rd Grasonville, MD 21638

374 SF Built 2008
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents two prime boat slips (#3 & #4) nestled within the desirable Wells Cove Marina in Grasonville, Maryland. Enjoy unparalleled access to Prospect Bay, Eastern Bay, and the expansive Chesapeake Bay, opening up a world of boating adventures. Each slip measures approximately 13.6 feet by 25 feet, providing ample space for your vessel. A floating dock adds convenience and ease of access. The affordable monthly condo/community fee is just $70 per slip, offering exceptional value for this prime waterfront location. Electricity is available at an additional cost, with one 30-amp outlet provided per slip. Convenient parking is available at both the hotel and the condo lot, with permanent parking passes provided. This is a rare chance to own a piece of waterfront paradise with easy access to the Chesapeake Bay's renowned waterways. The total square footage of the slips is 374 square feet. Don't miss this chance to secure your place on the water. This property is priced at $100,000.

Property profile
Verified
Property type Commercial real estate
Year built 2008
Total area 374 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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