Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lanham Retail Space For Lease Title is generated by Realmo AI

    9329-9463 Annapolis Rd, Lanham, MD

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    1,500 SF space in regional shopping center available for lease.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    17.69 Acres
    Added:
    Nov 4, 2024
    Days on Market:
    579
    Last Refresh:
    May 20 at 9:35 pm

    Property Features for 9329-9463 Annapolis Rd

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    17.69 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 9329-9463 Annapolis Rd Contact us

    We can help!

    Listing Contact
    Matt Skalet
    Matt Skalet

    Listing agent Matt Skalet

    Listing office KLNB - Washington, D.C.

    Listing date Nov 4, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KLNB - Washington, D.C.

    HighLights

    • Located in a 190,000 square foot Regional Shopping Center.
    • Signalized access from Annapolis Road (28,974 ADT).
    • Conveniently located 1 mile east of the Capital Beltway/I‑495 (228,246 ADT).
    • 1,500 SF space available.
    • Anchored by [Anchor Tenant Names - Missing from provided text].
    • Strong residential and daytime demographics.

    Overview

    A 1,500 square foot retail space is coming available in a 190,000 square foot regional shopping center. The location benefits from signalized access from Annapolis Road, which sees a daily traffic count of 28,974 vehicles. The property is conveniently situated 1 mile east of the Capital Beltway/I-495, which records an average daily traffic count of 228,246 vehicles. The surrounding area features strong residential and daytime demographics.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Seabrook Station Shopping Center — 9458 Lanham Severn Rd, Lanham, MD 20706
    • Enterprise Plaza — 9347 annapolis rd, lanham, md 20706
    • Rich Housing — 9520 Smith Ave, Lanham, MD 20706
    • Enterprise Plaza — 9409 Annapolis Rd, Lanham, MD 20706

    Location Insight

    • Map
    • Local Demand
    City
    Lanham
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8474
    Latitude
    38.9645

    Nearby Similar for Lease

    • $22 SF/Yr
      1,099 SF

      Lanham Office Condominium For Rent

      Office condominium near NASA Goddard Space Flight Center available for rent.
      7327 Green Oak Terrace, Lanham, MD
      View Details
    • Contact for pricing
      12,016 SF

      Lanham Industrial Space Sublease

      12,016 SF industrial space available for sublease.
      4720 Boston Way, Lanham, MD 20706
      View Details
    • Contact for pricing
      338,000 SF

      Modern Office Space For Rent

      Fully furnished office with seamless transit access and HUBZone benefits.
      7900 Harkins Road, Lanham, MD, 20706
      View Details
    • $3,000/Mo

      Lanham Flex Space Available

      Former auto body shop, last of its kind in area.
      9605 Lanham Severn Rd., Lanham, MD 20706
      View Details
    • Contact for pricing
      91,000 SF

      Lanham Industrial Facility For Lease

      91,000 SF industrial facility with modern amenities in Lanham, MD.
      4400 Hargrove Drive, Lanham, MD 20706
      View Details
    • Contact for pricing
      7,487 SF

      Lanham Retail Space For Rent

      Retail space and pad site with drive-thru available for lease.
      8807-8845 Annapolis Rd, Lanham, MD
      View Details
    • Contact for pricing
      1,269 SF

      Lanham Office Space For Rent

      Office space with direct access to major transportation routes.
      4200 Forbes Blvd, Lanham, MD
      View Details
    • Contact for pricing
      13,200 SF

      Lanham Office Space Available

      Office space for rent with highway access in Lanham.
      4640 Forbes Blvd, Lanham, MD
      View Details
    • Contact for pricing
      5,760 SF

      Lanham Warehouse Space Available

      30,608 SF warehouse space in Lanham, Maryland.
      9730 Martin Luther King Jr Hwy, Lanham, MD
      View Details
    • $16 SF/Yr
      1,200 SF

      Retail Space in Eastgate Center

      Retail space available in busy, highly visible shopping center.
      10621 Greenbelt Rd, Lanham, MD
      View Details
    • $21 SF/Yr
      15,632 SF

      Office Space in Goddard Corporate Park

      Class B office building with convenient access and ample parking.
      7535 Mission Dr, Lanham, MD
      View Details
    • Contact for pricing
      4,125 SF

      Retail Space For Rent

      Retail spaces available, ranging from 997 to 4,125 square feet.
      7739 Annapolis Rd, Lanham, MD 20706
      View Details

    FAQs

    What type of property is this?
    Shopping center - 1,500 SF space in regional shopping center available for lease.
    Where is this shopping center located?
    The property is located at 9329-9463 Annapolis Rd Lanham, MD.
    What are key features of this property?
    This property features: Located in a 190,000 square foot Regional Shopping Center.; Signalized access from Annapolis Road (28,974 ADT).; Conveniently located 1 mile east of the Capital Beltway/I‑495 (228,246 ADT).
    (202) 375-7500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Skalet
    Matt Skalet
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9329-9463 Annapolis Rd, Lanham, MD
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!