Retail Condominium with Drive-Thru
For Sale
$1,100,000
12100 ANNAPOLIS Road, Glenn Dale, MD 20769
Commercial Sale - GLENN DALE, MD
Property Size2,836 SF
Lot Size0.16 Acres
Price / SF$387.87
Days on Market29
Property Features for 12100 ANNAPOLIS Road
General Information
Property type
Other
Property subtype
Office
Parking
30
Parking features
Parking Lot
Elementary school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
25285
Utilities
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
2009
Number of units
1
Building materials
Brick
Listing Agency:
Tranzon Key
(703) 539-8111
Listed By:
Jeffrey E Stein · License #5422
(888) 621-2110
Added: Jul 2
Changed: Jul 13
Last Checked: Jul 30 at 6:06PM
MLS# MDPG2209616
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
12100 Annapolis Road is a former bank branch in Glenn Dale, Maryland with 2,836 SF of net rentable area on a 0.16-acre site. Constructed in 2009 and reported to be in good overall condition, the building includes Suite 1 as a retail condominium unit with two drive-thru banking lanes. Suite 1 shares the structure with a pharmacy (Suite 2).
The property is zoned CGO (Commercial General and Office). The provided zoning information indicates the site permits a variety of uses, including medical or dental office, veterinary hospital or clinic, professional office, and cannabis dispensary, among other uses.
The property is zoned CGO (Commercial General and Office). The provided zoning information indicates the site permits a variety of uses, including medical or dental office, veterinary hospital or clinic, professional office, and cannabis dispensary, among other uses.
Key Highlights
- Former bank branch with 2,836 SF net rentable area on a 0.16‑acre site
- 2009 construction; brick building in good overall condition
- Suite 1 retail condominium includes 2 drive‑thru banking lanes
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.3k | $33.96 |
| − Vacancy | −$10.9k | −$3.85 |
| EGI | $85.4k | $30.11 |
| − OpEx | −$21.3k | −$7.53 |
| NOI | $64.0k | $22.58 |
2,836 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$914.9K
$800.5K – $1.07M
NOI $64,042 @ 7.0% cap · market cap 5.82%
Second Best
Retail
$910.1K
$796.4K – $1.06M
NOI $63,709 @ 7.0% cap · market cap 5.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 20769, MD
7,009
Population
2,398
Households
2.9
Avg Household Size
43
Median Age
53%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
1,078
Density / Sq Mi
$170,117
Median Household Income
$75,552
Median Earnings
$2,788
Median Rent
$571,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Retail condominium unit includes two drive-thru banking lanes within a 2009-constructed building in good condition.
Where is this bank located?
The property is located at 12100 ANNAPOLIS Road Glenn Dale, MD.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Former bank branch with 2,836 SF net rentable area on a 0.16‑acre site; 2009 construction; brick building in good overall condition; Suite 1 retail condominium includes 2 drive‑thru banking lanes
