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    12150 Annapolis Rd Glenn Dale, MD 20769

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    For Lease
    $26 SF/Yr

    First-floor office condo with high visibility and ample parking.

    Lot size:
    0.12 Acres

    Property Features for 12150 Annapolis Rd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.12 Acres

    Building Details

    Year built
    2009

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    Listing Contact
    Ravender K Verma
    Ravender K Verma
    Source: Elliman

    Listing Agent: Ravender K Verma

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

    Learn more

    Overview

    Prime Location Office Condo Suite

    This newer office condo suite, situated on the first floor, offers a prime location with high customer foot traffic. The unit is positioned as the first door on the right upon entering the building, providing exceptional visibility. The current configuration includes 5 private offices, a reception area with reception desks, a kitchen/break room, and a bullpen area/conference room, totaling over 1736 square feet. It is suitable for an established professional looking to expand or an emerging entrepreneur. Ideal for various practices such as CPA, medical, dental, insurance, medical equipment & supply, therapist, or chiropractor, the location offers access to over 5000 residential homes within a 1.5-mile radius. The ADA-accessible building features security entrances, two elevators, one private parking space under the building, daily porter services, and trash & recycling removal. Ample parking surrounds the building. The property is located close to the University of Maryland Capital Region Medical Center and Luminis Doctors Hospital, major roadways, and public transportation.
    Location Intelligence

    Current Use by Public Records

    Ramsey & Associates CPA ... Accounting Firm Medpro Hospitalists Llp Hospital Verma Ravender Law Firm Attorneys Advantage Realty Real Estate Agency The Podiatry Care Center ... Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenn Dale
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.7951848
    Latitude
    38.9643026

    Nearby Similar for Lease

    • $15 SF/Yr

      Industrial Space with Sports Facility

      Warehouse-style space near Washington DC, Capital Beltway, and Baltimore.
      10011 Good Luck Rd, Glenn Dale, MD 20769
      View Details
    • $26 SF/Yr

      Glenn Dale Specialty Property

      Specialty property available for rent in Glenn Dale, Maryland.
      12150 Annapolis Rd, Glenn Dale, MD 20769
      View Details
    • Contact for pricing
      17,094 SF

      Industrial Space Available for Lease

      Industrial property offering 17,094 square feet for lease.
      7100 Holladay Tyler Rd, Glenn Dale, MD 20769
      View Details

    FAQs

    What type of property is this?
    Office units - First-floor office condo with high visibility and ample parking.
    Where is this office units located?
    The property is located at 12150 Annapolis Rd Glenn Dale, MD.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with high visibility and customer foot traffic, ideal for business growth.; - Located within a 1.5-mile radius of 5000+ residential homes, providing a large potential client base.; - **Move-in ready with 5 private offices, reception area, kitchen/break room, and conference room (1736+ SF).**
    (240) 988-5465
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    12150 Annapolis Rd Glenn Dale, MD 20769
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    Glenn Dale, MD 20769
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    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
    12150 Annapolis Rd Glenn Dale, MD 20769
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    We can help!
    Listing Contact
    Ravender K Verma
    Ravender K Verma
    (240) 988-5465
    Learn more
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