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    982 Waugh Chapel Way Gambrills, MD

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    For Lease
    Contact for pricing

    Future flex/R&D space in Waugh Chapel Business Park.

    Property size:
    3,048 SF
    Lot size:
    33.23 Acres

    Property Features for 982 Waugh Chapel Way

    General Information

    Size
    3,048 SF
    Lot size
    33.23 Acres

    Source: St. John Properties - Corporate Agent Michael Tait

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

    Overview

    Flex/R&D Space in Gambrills

    This flex/R&D space is located within the 24-acre Waugh Chapel Business Park in Gambrills, adjacent to retail, entertainment, and dining amenities at Waugh Chapel Towne Centre. Upon completion, the Anne Arundel County business community will include 226,840 square feet of flex/R&D space. The building features brick on block construction with a minimum ceiling height of 18 feet. Loading is facilitated by six drive-in doors and six dock doors. Parking is available at a ratio of 4 spaces per 1,000 square feet. The property is zoned MXD-R. Situated immediately off Crain Highway (MD Route 3), the park provides convenient access to Baltimore, Annapolis, and Washington, D.C. via Interstate 97, MD Routes 32 and 175, and US 50. The property size is 3,048 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    B&C Delectables, Firehouse Subs Waugh Chapel

    Location Insight

    • Map
    • Local Demand
    City
    Gambrills
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6701475
    Latitude
    39.0439857

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    FAQs

    What type of property is this?
    Flex space - Future flex/R&D space in Waugh Chapel Business Park.
    Where is this flex space located?
    The property is located at 982 Waugh Chapel Way Gambrills, MD.
    What are key features of this property?
    This property features: - Prime location adjacent to Waugh Chapel Towne Centre's retail, entertainment, and dining amenities.; - Excellent connectivity to Baltimore, Annapolis, and Washington, D.C. via major highways.; - Future flex/R&D space within a 24-acre business park.
    (410) 788-0100
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    Realmo Value Estimation

    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.

    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.

    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
    982 Waugh Chapel Way Gambrills, MD
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