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Property profile & analytics
OFF-MARKET
Marinas

800 10Th St Crisfield, MD 21817

0.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 36 pristine boat slips situated on 0.36 acres (15,550 square feet) of land in Crisfield, Maryland. Located at 800 10th St, Crisfield, MD 21817, this marina boasts a prime location next to luxury condos, offering stunning waterfront views and easy access to the Tangier Sound. Each slip is equipped with electricity, ensuring modern boater convenience. The property is zoned for marina use and benefits from the high demand for boat slips in this area, promising strong rental income potential and a high return on investment. The Tangier Sound's reputation as a sport fishing hub further enhances the property's appeal, attracting fishing enthusiasts and creating opportunities for related businesses, such as charter tours to Smith Island. The slips are in excellent condition, offering stability and safety. Annual property taxes are $3,130 per square foot. This is a rare opportunity to acquire a well-maintained, high-demand marina asset in a thriving waterfront community. The asking price is $250,000. This represents a significant opportunity for both income generation and lifestyle investment in a desirable Maryland location.

Property profile
Verified
Property type Marinas
Lot 0.36 ac (15,682 SF)
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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