Office Flex Condo with
For Sale
Contact for pricing
2014 Renard Ct, Annapolis, MD 21401
Office flex condo featuring a contemporary high-end interior buildout and non-deeded parking availability.
Property Size2,466 SF
Price / SF$283.86
Days on Market1195
Property Features for 2014 Renard Ct
General Information
Standard status
Active
Size
2,466 SF
Total Parking Spaces
6
Property subtype
OFFICE
Listing Agency:
Douglas Commercial
(301) 655-8253
Listed By:
Scott Douglas · License #580592
Source:
Moodyscre
Added: Apr 24, 2023
Changed: Jul 26
Last Checked: Jul 30 at 1:51PM
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 Douglas Commercial
Investment Insights
Based on property information with market context.
This office flex condo includes a contemporary, high-end buildout and is presented as turn-key for immediate occupancy, with furniture available for purchase. The property also includes access to approximately 4–6 non-deeded parking spaces.
The condo is located within the Renard Court business park. It is positioned close to Annapolis Mall and Annapolis Town Center.
Offered for sale, this space is well-suited for users seeking an office flex configuration with an interior already prepared for business operations.
The condo is located within the Renard Court business park. It is positioned close to Annapolis Mall and Annapolis Town Center.
Offered for sale, this space is well-suited for users seeking an office flex configuration with an interior already prepared for business operations.
Key Highlights
- Office flex condo with a contemporary, high‑end interior buildout
- Furniture available to purchase for a turn‑key setup
- Use of 4–6 non‑deeded parking spaces
Financial Insights For Flex RnD
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 | $49.4k | $20.04 |
| − Vacancy | −$4.1k | −$1.64 |
| EGI | $45.4k | $18.40 |
| − OpEx | −$15.9k | −$6.44 |
| NOI | $29.5k | $11.96 |
2,466 SF · lease $20.04/SF/yr · vacancy 8.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$421.3K
$368.6K – $491.5K
NOI $29,488 @ 7.0% cap · market cap 4.21%
Second Best
Office B
$247.0K
$216.1K – $288.2K
NOI $17,289 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$721.4K
$631.2K – $841.6K
NOI $50,496 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,325
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21401, MD
39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kona Ice of Annapolis — 2012 Renard Ct STE B, Annapolis, MD 21401
Frequently Asked Questions
What type of property is this?
Flex space - Office flex condo featuring a contemporary high-end interior buildout and non-deeded parking availability.
Where is this flex space located?
The property is located at 2014 Renard Ct Annapolis, MD.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Office flex condo with a contemporary, high‑end interior buildout; Furniture available to purchase for a turn‑key setup; Use of 4–6 non‑deeded parking spaces
