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    2901 Riva Trace Pkwy Annapolis, MD 21401

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    For Sale
    $2,250,000

    90% leased mixed-use building in the Riva Road corridor.

    Property size:
    5,599 SF
    Lot size:
    1.13 Acres

    Property Features for 2901 Riva Trace Pkwy

    General Information

    Size
    5,599 SF
    Lot size
    1.13 Acres

    Source: Douglas Commercial Agent Scott Douglas

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

    Overview

    Mixed-Use Building in Riva Road

    This is a 5,599 square foot mixed-use building that is 90% leased. It is located in the Riva Road corridor and is zoned R2 with a special exemption for commercial use. The building is well-maintained and includes an available turnkey suite of approximately 1500 square feet. This property presents an investment opportunity for investors or owner-users.
    Insight Report Location Intelligence

    Current Use by Public Records

    Customer Service Experts Business Management Consultant Jazzercise Annapolis Fitness ... Physical Fitness Program AIM-Port, LLC Software Company Trademark Appraisal Appraiser

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5630691
    Latitude
    38.962712

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    FAQs

    What type of property is this?
    Mixed-use property - 90% leased mixed-use building in the Riva Road corridor.
    Where is this mixed-use property located?
    The property is located at 2901 Riva Trace Pkwy Annapolis, MD.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - 90% leased, providing immediate income stream.; - 5,599 (+/-) SF mixed-use building.; - Zoned R2 with special exemption for commercial use.
    (301) 655-8253
    Request Owner's contact information
    2901 Riva Trace Pkwy Annapolis, MD 21401
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    Annapolis, MD 21401
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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
    2901 Riva Trace Pkwy Annapolis, MD 21401
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