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    7683 Tilghman Island Rd Sherwood, MD 21665

    Sponsored
    For Sale
    $499,000

    Waterfront Commercial Property with Potential

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This unique 3,200 sq ft property in Sherwood, MD, presents a rare opportunity. The offering includes a historic commercial building, previously serving as the local post office for over 160 years, zoned for both commercial and residential use. This building offers significant potential for restoration, new business ventures, or additional storage. A separate 2-bay garage provides ample parking, storage, or workshop space. The property also features a beautifully updated 3-bedroom, 1.5-bathroom home situated next door. The home boasts spacious bedrooms, one with an attached area ideal for a closet, nursery, or office. A full bath and half bath add convenience. The downstairs living area is versatile, suitable for relaxation, entertaining, or a home office. A peaceful backyard with a side deck completes this charming residence. Located on a 0.45-acre lot, this property enjoys a prime waterfront location, with easy access to Harris Creek and the Chesapeake Bay, including a nearby public dock and kayak launch. This exceptional offering combines historic charm, versatile living space, and significant commercial potential in a scenic waterfront community. The property is priced at $499,000.

    Property Features for 7683 Tilghman Island Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,200 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1855
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    TALBOT
    State
    Maryland
    Longitude
    -76.32042
    Latitude
    38.76196

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    FAQs

    What type of property is this?
    Commercial real estate - Waterfront Commercial Property with Potential
    Where is this commercial real estate located?
    The property is located at 7683 Tilghman Island Rd Sherwood, MD.
    What is the asking price?
    The asking price for this property is $499,000.
    (410) 972-4000
    Request Owner's contact information
    7683 Tilghman Island Rd Sherwood, MD 21665
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    Sherwood, MD 21665
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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
    7683 Tilghman Island Rd Sherwood, MD 21665
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