Property summary
Circle C Oyster Ranch is an oyster aquaculture facility sited on 1.25 acres overlooking St. Jerome Creek. The property includes a large on-site building that is partially unfinished and requires a roof replacement. Aquaculture operations are supported by both a production lease area and a smaller nursery lease area adjacent to a pier, which is configured to reduce harvesting regulations; the production lease is approximately 2.27 acres (about 988,812 sq. ft.) and the nursery lease is approximately 5,000 sq. ft. An 8-foot-wide pier extends approximately 100 feet into St. Jerome Creek and includes two pier “fingers.” The grow-out oyster leases have been tested and approved by the Maryland Department of the Environment (MDE), and the facility has an active Shellfish Processing Plant License. The site is equipped with four walk-in coolers (three interior units and one exterior stand-alone unit), includes solar panels that are installed but not yet connected, and provides 220V three-phase electrical service along with high-speed internet access.
Property profile
VerifiedCap rate & NOI
Current use
-
Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RPD · Dameron, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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