This office condominium represents approximately 18% of a larger mixed-use building within the Wells Cove complex, which combines marina, hotel, residential, retail, and office uses. The unit is configured as an office space and is located in a setting with water views. The complex is near waterfront dining and bar venues, and it is positioned close to US Route 50, with Exit 42 located within about 1/8 mile and providing eastbound and westbound access; average daily traffic at the exit is reported as 73,642 vehicles.

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?

$7k

Tax billed · 2023

Assessed value$764k

Effective rate0.94%

Value estimate

· Nov 2026

$690k

$621k – $759k

Submarket $/SF estimate$782k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

WVC

JurisdictionQUEEN ANNE'S

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

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

Demand index

Building Supply10.7

Auto Repair Shop10.3

Wholesale Shop9.7

110 Channel Marker Way Ste, Unit 204 Grasonville, MD 21638-1344

County assessor Recorded deeds · 3 transfers 6 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

5122 Main, Grasonville, MD 21638-1331 $250,000 Jan 2026 2,655 SF

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

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
$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
Value Estimation
$275,000

1,638 SF

4223 Main St

OFFICE/RESIDENTIAL (MIXED USE)

4223 Main St, Grasonville, MD 21638-1040

View Details

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110 Channel Marker Way Ste 204 Grasonville, MD 21638

Property summary