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Property profile & analytics
OFF-MARKET
Commercial real estate

Wl Cv Rd Unit Grasonville, MD 21638

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

This exceptional opportunity presents itself in the form of slip #4 at Wells Cove Marina in Grasonville, Maryland. Boasting convenient access to Prospect Bay, Eastern Bay, and the expansive Chesapeake Bay, this slip offers unparalleled boating convenience. The slip itself measures approximately 13.6 feet by 25 feet, providing ample space for a variety of vessels. A low monthly condo/community fee of $70 ensures affordable ownership. Electricity is available for an additional fee, with one 30-amp outlet provided per slip. For added convenience, parking is available at both the nearby hotel and the condo lot, with permanent parking passes provided. This is a fantastic chance to secure a prime location with easy access to the Chesapeake Bay's waterways. Note that slip #3 and a floating dock are also available for purchase separately. This property is ideal for boat owners seeking a hassle-free and affordable way to enjoy the beauty and recreation of the Chesapeake Bay. Don't miss this chance to own your piece of waterfront paradise. The property is 374 square feet and located on Wells Cove Road.

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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