Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    300 Muir St Cambridge, MD 21613
    Back to Search
    Property profile & analytics

    300 Muir St Cambridge, MD 21613

    View on Map
    • Commercial real estate
    • 0.94 lot acres
    For Sale
    View Listing →
    Cambridge Creek Boat Slips For Sale
    Contact for pricing

    Cambridge Creek Boat Slips

    Two prime boat slips, Choptank River access.

    300 Muir St, Cambridge, MD 21613
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 300 Muir St

    Lot size
    0.94 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional offering presents an unparalleled opportunity to acquire two conveniently located boat slips situated at the tranquil end of a cove on Cambridge Creek. Enjoy a picturesque journey under the charming drawbridge, leading directly to the expansive waters of the Choptank River. Each slip boasts generous dimensions, measuring approximately 12 feet in width, providing ample space for comfortable docking. A thoughtfully designed dock/walkway separates the slips, ensuring easy access and maneuverability. The property encompasses a sizable 0.94-acre lot, offering a sense of privacy and exclusivity. This is an ideal location for boat owners seeking easy access to the Choptank River, combining convenience with the serene beauty of Cambridge Creek. The slips are ready for immediate use, presenting a turnkey solution for those seeking a secure and picturesque mooring location. Don't miss this rare chance to own a piece of waterfront property in the desirable Cambridge, Maryland area. This property is priced to sell and offers a fantastic investment opportunity for boat enthusiasts. The location provides quick access to the open waters of the Choptank River, while still maintaining a peaceful and secluded atmosphere. The slips are well-maintained and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.0733
    Latitude
    38.5676

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      Cambridge, MD 21613

      COMMERCIAL (GENERAL) • 0.17 Acres
      Cambridge, MD 21613
      View Details
    • Value Estimation by Request
      7,750 SF

      444 Race St

      COMMERCIAL (GENERAL) • 7,750 SF
      444 Race St, Cambridge, MD 21613-1836
      View Details
    • Value Estimation by Request
      5,974 SF

      302 High St

      COMMERCIAL (GENERAL) • 5,974 SF
      302 High St, Cambridge, MD 21613
      View Details
    • Value Estimation by Request
      8.31 Acres

      Race St

      COMMERCIAL (GENERAL) • 8.31 Acres
      Race St, Cambridge, MD 21613
      View Details
    • Value Estimation by Request
      0.18 Acres

      Ss Rt 50

      COMMERCIAL (GENERAL) • 0.18 Acres
      Ss Rt 50, Cambridge, MD 21613
      View Details
    • Value Estimation by Request
      11.00 Acres

      Casons Nck Rd

      COMMERCIAL (GENERAL) • 11.00 Acres
      Casons Nck Rd, Cambridge, MD 21613
      View Details

    Similar Nearby for Sale

    • $990,000
      16.50 Acres

      Industrial Land: Cambridge, MD

      16.5 Acres, I-2 Zoning, Prime Location
      2745 Gypsy Hl Farm Rd, Cambridge, MD 21613
      View Details
    • Contact for pricing
      0.16 Acres

      Prime Cambridge Commercial Space

      Spacious 5200 sq ft office, flexible layout.
      522 Race St, Cambridge, MD 21613
      View Details
    • Contact for pricing
      0.94 Acres

      Cambridge Creek Boat Slips

      Two prime boat slips, Choptank River access.
      300 Muir St, Cambridge, MD 21613
      View Details
    • $59,950
      2.20 Acres

      Ferry Farms Homesite Opportunity

      2.20 acre homesite near water in Ferry Farms community.
      814 Cody Dr, Cambridge, MD 21613
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr

      Cambridge Warehouse Space For Lease

      Prime warehouse space available in Cambridge industrial area.
      807 Woods Rd, Cambridge, MD 21613
      View Details
    • $10 SF/Yr

      Renovated Shopping Center on Route 50

      Prime shopping center with high visibility and ample parking.
      630 Sunburst Hwy, Cambridge, MD 21613
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Muir St
    Cambridge, MD 21613
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 Muir St, Cambridge, MD, 21613
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!