$349,000 2,655 SF

5122 Main St, Grasonville, MD 21638
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The property at 5122 Main Street in Grasonville, Queen Anne’s County, Maryland is a five-unit multifamily apartment building situated on a 0.64-acre lot. It has a total building area of 2,655 square feet and is located a short distance south of exit 44B from US-50, near the US-50/US-301 interchange, approximately 8 miles east of the Bay Bridge, providing access to commuting routes across the Eastern Shore and toward Annapolis. The building contains five residential units, and it is configured for multi-unit rental occupancy.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$2k

Tax billed · 2023

Assessed value$240k

Effective rate0.94%

Value estimate

· Nov 2026

$110k

$99k – $121k

NOI build-up

Gross scheduled income$62k

Vacancy & credit loss−$4k

Operating expenses−$26k

NOI · 9.04% cap applied$32k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$227/SF

ZIP average, outlier-cleaned · 58 recorded sales of this use type

Observed band · Q1–Q3$170 – $295

Qualifying comparables5

Cap rate analysis

How does the asset earn?

9.04%

$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

GNC

JurisdictionQUEEN ANNE'S

Location intelligence

Which uses thrive at this corner?

Best fit: Dental Office

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Dental Office10.2

Parking Facility9.6

Law Firm9.4

5122 Main St Grasonville, MD 21638

County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

207 Grandfathers, Grasonville, MD 21638-1358 $890,000 Nov 2024 2,172 SF

4015 Main, Grasonville, MD 21638-1038 $177,000 Apr 2024 2,911 SF

402 Channel Marker, Grasonville, MD 21638-1346 $1,142,946 Feb 2024 3,284 SF

414 Channel Marker, Grasonville, MD 21638-1346 $1,266,540 Apr 2023 3,284 SF

119 Marshy Crk, Grasonville, MD 21638-1042 $490,000 Dec 2022 2,652 SF

225 Saddler, Grasonville, MD 21638-1051 $322,000 Sep 2022 2,984 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$785,000

2,653 SF

110 Channel Marker Way Ste, Unit 204

OFFICE/RESIDENTIAL (MIXED USE)

110 Channel Marker Way Ste, Grasonville, MD 21638-1344

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Value Estimation
$590,000

3,136 SF

307 Saddler Rd

OFFICE/RESIDENTIAL (MIXED USE)

307 Saddler Rd, Grasonville, MD 21638-1066

View Details
Value Estimation by Request
2,128 SF

4201 Main St

OFFICE/RESIDENTIAL (MIXED USE)

4201 Main St, Grasonville, MD 21638-1247

View Details
Value Estimation
$1,145,000

3,344 SF

310 Channel Marker Way

OFFICE/RESIDENTIAL (MIXED USE)

310 Channel Marker Way, Grasonville, MD 21638-1345

View Details
Value Estimation
$320,000

1,967 SF

4120 Main St

OFFICE/RESIDENTIAL (MIXED USE)

4120 Main St, Grasonville, MD 21638-1251

View Details
Value Estimation
$275,000

1,712 SF

4813 Main St

OFFICE/RESIDENTIAL (MIXED USE)

4813 Main St, Grasonville, MD 21638-1224

View Details