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    OFF-MARKET
    Grocery and convenience stores

    4459 Crisfield Hwy, Crisfield, MD 21817-2569

    1,216 SF 1.15 ac lot Built 1974
    Entity Owned 15-yr Hold Free & Clear
    Property ID
    US40-1363446
    Property summary
    AI-generated overview

    This 4,712 sq ft gas station and convenience store in Crisfield, MD, presents a unique investment opportunity. Operating as a Gulf Gasoline franchise since 1990, it offers diesel, regular, and ethanol-free fuel. The property boasts a full-service convenience store with a carry-out option and the potential for a restaurant. Significant renovations were completed in 2016 and 2023, including a new roof, pumps, coolers, and kitchen upgrades. The 1.15-acre lot includes four commercial units, three currently leased at monthly rates of $695, $750, and $700, with one used as a dining area. The property benefits from its prime location as the first convenience store entering Crisfield, serving a growing economy and a large tourist population from nearby Janes Island State Park. Annual sales averaged over $1,500,000 pre-COVID, without selling alcohol, tobacco, or lottery products. Recent improvements include renovated underground tanks (100% compliant, iron with fiberglass coating) and a repaved parking lot. The PNG contract with Gulf runs through 12/31/2025, with an owner option to terminate. This turnkey operation offers substantial income potential and strong long-term prospects. The property is classified as Class B, with a single-story building and permitted commercial zoning.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1974
    Total area 1,216 SF
    Lot 1.15 ac (50,094 SF)
    Zoning code I-1
    APN 08-153558
    UPID US40-1363446
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • GULF Gas Station
    • Hoyt Harbor Grocery & Convenience Store
    • Somerset Pet Salon Pet Grooming Service
    • C'More Movies & Games Electronics & Wireless Store (Bike/Boat/Book/etc) Store
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Mrohs Gas INC · 15 yrs held
    Mrohs Gas INC
    since 2011
    5 recorded transactions
    2020
    2016
    2011
    1969
    1969
    Zoning & alternative use
    I-1 · Crisfield, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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