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    Property profile & analytics

    150 Skipjack Rd Georgetown, MD 21930-2119

    • Commercial real estate
    • 10,292 SF
    • 15.69 lot acres
    OFF-MARKET
    Value Estimation
    $6,825,000
    Last Sale
    Jul 29, 2022
    $7,000,000
    Location Intelligence
    Property ID
    US40-1303160
    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.

    Current Use by Public Records

    • Nautilus Yacht Sales / Boat Dealer
    • Signals Restaurant and Deck Bar / Seafood Restaurant / Bar & Grill
    • Skipjack Cove Yachting Resort and Marina / Marina

    Property Details for 150 Skipjack Rd

    Year built
    1960
    Lot size
    15.69 lot acres
    Property size
    10,292 SF
    Zone code
    MB
    Property type
    Commercial real estate
    APN
    01-022997
    APU
    1022997

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,825,000
      6.5%
      $6,250,000
      7%
      $7,270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,990,000
      Geo Method
      $6,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,540,000
      Retail
      $7,245,000
      Mixed-Use
      $6,085,000
      Hospitality
      $7,410,000
      Educational
      $7,070,000
      Residential Income
      $7,905,000
      Energy
      $6,575,000
      Income-Based Land
      $6,850,000
      Food Service
      $6,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Cecil
    State
    Maryland
    Longitude
    -75.89
    Latitude
    39.3669
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $45,369
    $0.00
    $0.00
    $4,102,600
    -
    $2,035,500
    $2,106,500
    $4,142,000

    Comparable in this City

    • Value Estimation by Request
      6,209 SF

      20 Duffy Crk Ln

      COMMERCIAL (GENERAL) • 6,209 SF
      20 Duffy Crk Ln, Georgetown, MD 21930-2106
      View Details
    • Value Estimation
      $260,000
      0.71 Acres

      7486 Augustine Herman Hwy

      COMMERCIAL (GENERAL) • 0.71 Acres
      7486 Augustine Herman Hwy, Georgetown, MD 21930
      View Details
    • Value Estimation by Request
      14,873 SF

      100 George St

      COMMERCIAL (GENERAL) • 14,873 SF
      100 George St, Georgetown, MD 21930-2110
      View Details
    • Value Estimation by Request
      3.01 Acres

      2 George St

      COMMERCIAL (GENERAL) • 3.01 Acres
      2 George St, Georgetown, MD 21930-2122
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    • Value Estimation by Request
      1,581 SF

      78 George St

      COMMERCIAL (GENERAL) • 1,581 SF
      78 George St, Georgetown, MD 21930-2122
      View Details
    • Value Estimation by Request
      0.47 Acres

      41 Sassafras St

      VACANT COMMERCIAL LAND • 3,668 SF
      41 Sassafras St, Georgetown, MD 21930-2116
      View Details
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    150 Skipjack Rd
    Georgetown, MD 21930-2119
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    Realmo Value Estimation

    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.

    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.

    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
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