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Property profile & analytics
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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