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    OFF-MARKET
    Marinas

    360 Magothy Rd 7K, Severna Park, MD 21146

    Property ID
    US40-2326562
    Property summary
    AI-generated overview

    Located on the beautiful Magothy River, Magothy Marina puts you in touch with a water world of cruising, racing, exploring, fishing, crabbing, and enjoyment of the Magothy River and numerous adjoining creeks and the Chesapeake Bay. Situated near the quiet residential area of Manhattan Beach, your marina is less than one mile from four-lane Ritchie Highway (MD Rt. 2) a half-hour away from metropolitan Baltimore, 15 minutes from historic Annapolis, and 45 minutes from Washington, D.C. On the water, within cruising range are many fine day visits and overnights-Annapolis and Baltimore Harbors St. Michaels, Oxford, and the many coves of the eastern and western shores of the Bay. Slip 7K is 35' long and 14' 5" wide and has a finger pier that allows for easy embarking and disembarking of your boat. Located directly off the river, it can accommodate boats up to 40' and offers unobstructed views of the water. As a slip owner, you would have access to all the amenities of the marina which include a well-maintained bathhouse, swimming pool, boat ramp, picnic tables, and grills. There is also storage for dinghies, paddleboards, and kayaks, as well as a launching space. Water and electricity are included as part of the quarterly condominium fees.

    Property profile
    Verified
    Property type Marinas
    UPID US40-2326562
    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
    Current use
    Occupant on record · Public records
    • Magothy Marina Marina Boat Ramp
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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