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    14470 Solomons Island Rd Solomons, MD 20688
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    14470 Solomons Island Rd Solomons, MD 20688

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    • Mixed-use properties
    • 6,738 SF
    • 0.33 lot acres
    For Sale
    $2,200,000
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    Solomons Island Road Restaurant & Marina For Sale
    $2,200,000
    0.33 Acres

    Solomons Island Road Restaurant & Marina

    Restaurant, tiki bar, duplexes, and marina on Solomons Island.

    14470 SOLOMONS ISLAND S ROAD, Solomons, MD 20688
    View Listing
    Property ID
    US40-2334602
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bugeye Grill / Restaurant
    • Half Shell Adventures / (Bike/Boat/Book/etc) Store

    Property Details for 14470 Solomons Island Rd

    Year built
    1989
    Lot size
    0.33 lot acres
    Property size
    6,738 SF
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use property in Solomons, MD, presents a rare investment opportunity. The offering encompasses three parcels totaling 0.33 acres at 14470, 14464, and 14467 Solomons Island Road S. The centerpiece is the established Bugeye Restaurant, complete with a Tiki Bar area situated behind the main building. Adding to the diverse income streams are two duplex buildings, providing substantial rental potential. Further enhancing the property's value is a 17-slip marina located on Back Creek, offering excellent boating access. A significant advantage is the inclusion of an additional parcel adjacent to public parking on the Patuxent River side, featuring a pier. The main building, with its established restaurant and bar, offers immediate cash flow, while the duplexes and marina provide long-term growth potential. The total square footage of the buildings is 6,738 square feet. This unique combination of commercial and recreational assets makes this property an ideal investment for those seeking a diversified portfolio with significant waterfront exposure in a desirable location. The property's prime location and diverse income streams make it a compelling investment opportunity with strong potential for future appreciation. The property is priced at $2,200,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Solomons
    County
    Calvert
    State
    Maryland
    Longitude
    -76.45991
    Latitude
    38.32292

    Comparable in this City

    • $1,500,000

      Waterfront Mixed-Use Development Opportunity

      Eight residential units plus commercial space with waterfront views.
      14478 Solomons Island Rd S, Solomons, MD 20688
      View Details
    • $1,295,000
      3,000 SF

      Solomons Island Mixed-Use Property

      Waterfront Business Opportunity: Prime Location
      14448 Solomons Island Rd, Solomons, MD 20688
      View Details
    • $1,295,000

      Waterfront Mixed-Use Opportunity

      Mixed-use property with water access in Solomons Island tourist area.
      14448 Solomons Island Rd S, Solomons, MD 20688
      View Details
    • Contact for pricing

      Solomons Island Boardwalk Office Space

      Prime waterfront office, stunning views!
      14449 Solomons Island Rd, Solomons, MD 20688
      View Details
    • $895,000
      4.45 Acres

      Prime Land in Solomons, MD

      4.45 acres of commercial land near Solomons Town Center.
      14055 Solomons Island Rd, Solomons, MD 20688
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Waterfront Mixed-Use Development Opportunity

      Eight residential units plus commercial space with waterfront views.
      14478 Solomons Island Rd S, Solomons, MD 20688
      View Details
    • $1,295,000
      3,000 SF

      Solomons Island Mixed-Use Property

      Waterfront Business Opportunity: Prime Location
      14448 Solomons Island Rd, Solomons, MD 20688
      View Details
    • $1,295,000

      Waterfront Mixed-Use Opportunity

      Mixed-use property with water access in Solomons Island tourist area.
      14448 Solomons Island Rd S, Solomons, MD 20688
      View Details
    • Contact for pricing

      Solomons Island Boardwalk Office Space

      Prime waterfront office, stunning views!
      14449 Solomons Island Rd, Solomons, MD 20688
      View Details
    • $895,000
      4.45 Acres

      Prime Land in Solomons, MD

      4.45 acres of commercial land near Solomons Town Center.
      14055 Solomons Island Rd, Solomons, MD 20688
      View Details
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    Solomons, MD 20688
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    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.

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