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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    48409 Smith Dr, Ridge, MD 20680-3015

    1,688 SF 1.1 ac lot Built 1969
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US40-0125428
    Property summary
    AI-generated overview

    This exceptional 1.1-acre commercial property in Ridge, Maryland, is situated on Jutland Creek, offering stunning waterfront views off the Potomac River. The property boasts approximately 50 boat slips across three piers, one of which is covered, with approximately 7 feet of water depth at the pier ends. Electricity and water are provided to most slips. A main building, currently serving as the marina reception area, includes an upstairs office, garage, and showers/bathrooms. Several smaller outbuildings offer additional storage or workshop space. The property has operated continuously as a small marina since 1951, presenting a unique opportunity for an owner-operator to live in the main building or renovate it into a primary or secondary residence. Zoned RPD, this property offers significant potential for various uses and is priced at $535,000 ($316.94/sq ft land value). The protected cove location provides a serene setting, making this a truly remarkable investment opportunity. The property includes deep water piers in a protected cove.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1969
    Construction FRAME
    Total area 1,688 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code RPD
    APN 01-010980
    UPID US40-0125428
    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
    • BluHaven Piers Marina Boat Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sjz LLC · 1 yrs held
    Sjz LLC
    since 2024
    3 recorded transactions
    2024
    $450,000
    2006
    $795,000
    2000
    Zoning & alternative use
    RPD · Ridge, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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