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    Wl Cv Rd Unit Grasonville, MD 21638

    For Sale
    $50,000

    Chesapeake Bay access, affordable slip.

    Property size:
    374 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    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 Features for Wl Cv Rd Unit

    General Information

    Property type
    Other commercial real estate
    Square Feet
    374 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Grasonville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.24106
    Latitude
    38.9673

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    FAQs

    What type of property is this?
    Commercial real estate - Chesapeake Bay access, affordable slip.
    Where is this commercial real estate located?
    The property is located at Wl Cv Rd Unit Grasonville, MD.
    What is the asking price?
    The asking price for this property is $50,000.
    (410) 822-6665
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    Wl Cv Rd Unit Grasonville, MD 21638
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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

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    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
    Wl Cv Rd Unit Grasonville, MD 21638
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