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Retail Storefront with Parking
For Sale
$385,000

13623 Annapolis Road Unit 10, Bowie, MD 20720

Commercial unit zoned CSC, currently operating as a grocery store with ample parking on Annapolis Road in Bowie.

Property Size1,043 SF
Price / SF$369.13
Days on Market338

Property Features for 13623 Annapolis Road Unit 10

General Information

Standard status Active
Size 1,043 SF
Property subtype Retail
Zoning CSC

Building Details

Year Built 1988
Listing Agency:
Listed By: Taylor Properties
Source: Xome
Added: Aug 27, 2025 Changed: Jul 10 Last Checked: Jul 16 at 6:57AM

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 Taylor Properties

Investment Insights

Based on property information with market context.

This for-sale commercial unit (Unit 10) is zoned CSC and is currently used as a grocery store. The space is configured to support retail operations and includes the on-site setup expected for a neighborhood food and convenience business, with parking available for customers and staff.

Located on the popular and busy Annapolis Road in Bowie, Maryland, the property benefits from direct road visibility and straightforward access for shoppers. The surrounding corridor supports frequent retail and commercial traffic, making it suitable for operators seeking convenient storefront presence.

For tenants or buyers, the CSC zoning and existing grocery-store use provide a workable foundation for continued retail activity, while the property is also described as very good for commercial or industrial purposes. Ample parking is a practical advantage for day-to-day customer visits and deliveries, supporting a range of service-oriented and retail uses within the constraints of the existing zoning designation.

Key Highlights

  • Commercial unit zoned CSC in Bowie, MD on popular Annapolis Road
  • Currently operating as a grocery store
  • Heating: 3; cooling: A/C - Other

Financial Insights For Specialty Retail

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 $35.4k $33.96
− Vacancy −$4.0k −$3.85
EGI $31.4k $30.11
− OpEx −$7.9k −$7.53
NOI $23.6k $22.58
1,043 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$336.5K
$294.4K – $392.6K (±1% cap)
NOI $23,553 @ 7.0% cap · market cap 6.12%
Second Best
Retail
$334.7K
$292.9K – $390.5K (±1% cap)
NOI $23,431 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Vigo Bank Afrik International Food ... African Goods Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Pharmacy Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Balanced
Demand for This Use

Demographics for 20720, MD

25,702
Population
8,658
Households
3
Avg Household Size
41
Median Age
59%
College-Educated
95%
High-School Grad
14.7 sq mi
ZIP Area
1,748
Density / Sq Mi
$162,976
Median Household Income
$72,998
Median Earnings
$3,162
Median Rent
$545,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Timothy Dean — 6133 highbridge rd, bowie, md 20720
  • Lidl — 13401 Annapolis Rd, Bowie, MD 20720

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Commercial unit zoned CSC, currently operating as a grocery store with ample parking on Annapolis Road in Bowie.
Where is this grocery and convenience store located?
The property is located at 13623 Annapolis Road Unit 10 Bowie, MD.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Commercial unit zoned CSC in Bowie, MD on popular Annapolis Road; Currently operating as a grocery store; Heating: 3; cooling: A/C - Other
More about this property
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