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    20 Prospect Bay Dr W Grasonville, MD 21638

    For Sale
    $739,000

    Property on Prospect Bay Drive, Grasonville, MD for sale.

    Lot size:
    1.00 Acre

    Property Features for 20 Prospect Bay Dr W

    General Information

    Lot size
    1.00 Acre

    Building Details

    Year built
    1988

    Source: RE/MAX Executive Agent Crystal M Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prospect Bay Drive Property

    Located on Prospect Bay Drive W in Grasonville, MD, this property is listed for sale at $739,000. The property is classified as a specialty property, specifically within the category of other specialty properties.
    Location Intelligence

    Current Use by Public Records

    Bills Handyman Services Handyman

    Suggested Use

    Accounting Firm Hotel & Motel Pawn Shop Parking Facility

    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
    -76.1989712
    Latitude
    38.9212943

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    FAQs

    What type of property is this?
    Specialty property - Property on Prospect Bay Drive, Grasonville, MD for sale.
    Where is this specialty property located?
    The property is located at 20 Prospect Bay Dr W Grasonville, MD.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: - Year Built: 1988; - Price: $11
    (410) 490-6346
    Request Owner's contact information
    20 Prospect Bay Dr W Grasonville, MD 21638
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    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

    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
    20 Prospect Bay Dr W Grasonville, MD 21638
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