0 Calvary Rd Crisfield, MD 21817
This exceptional 601.77-acre commercial property in Crisfield, Maryland, presents a unique investment opportunity. Located on the Pocomoke Sound and Ape Hole Creek, this expansive land parcel offers over five miles of waterfront access along various waterways, including the Tangier Sound, a renowned commercial and sport fishing destination. The property is zoned CO-1 and features approximately 50 acres of mixed hardwood and pine, while the remaining acreage consists of salt marsh. A perpetual conservation easement is in place, allowing for the construction of one permanent structure, not exceeding 500 square feet (e.g., a garage or storage shed), along with structures for wildlife management and naturalistic uses (duck blinds, boardwalks, walkways, non-public, non-commercial boat ramps, and piers). All excavations are limited to those necessary for pilings. The secluded location, away from Wildlife Management Areas (WMAs) or public hunting grounds, makes this Atlantic Flyway location ideal for observing migrating waterfowl. The asking price is $447,000, translating to $743 per acre. The entire property lies within the Chesapeake Bay Critical Area. This property offers a blend of conservation and development potential, making it a truly distinctive offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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