Turnkey Commercial
For Sale
$560,000
13629 Annapolis Road, Bowie, MD 20720
CGO-zoned workspace with production, reception, office, restroom, and storage areas for culinary operations.
Property Size1,006 SF
Days on Market50
Property Features for 13629 Annapolis Road
General Information
Standard status
Active
Size
1,006 SF
Property subtype
Retail
Building Details
Building Size
1,006 SF
Listing Agency:
NAI Michael
Listed By:
Monica Byrd
(301) 646-0013
Source:
Naimichael
Added: Sep 16
Changed: Nov 3
Last Checked: Nov 3 at 5:27AM
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 NAI Michael
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Investment Insights
Based on property information with market context.
This 1,006 SF commercial kitchen condo in Bowie, Maryland, is configured for food-production and related business operations. The interior includes an operational kitchen, private office, foyer and reception area, restroom, and storage closet. Front-facing windows bring natural light into the space while providing visibility from the building exterior. The property is presented as fully equipped and ready for occupancy.
CGO zoning—Commercial, General and Office—supports the property’s stated suitability for catering, meal preparation, commissary kitchen operations, restaurant concepts, ghost kitchens, and other culinary ventures. The layout separates production, administrative, reception, and support areas within a compact commercial setting. Its Bowie location provides access to regional markets throughout the Washington metropolitan area.
CGO zoning—Commercial, General and Office—supports the property’s stated suitability for catering, meal preparation, commissary kitchen operations, restaurant concepts, ghost kitchens, and other culinary ventures. The layout separates production, administrative, reception, and support areas within a compact commercial setting. Its Bowie location provides access to regional markets throughout the Washington metropolitan area.
Key Highlights
- 1,006± SF commercial kitchen condo in Bowie, Maryland
- Operational commercial kitchen with equipment in place
- CGO (Commercial, General and Office) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,717
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,340
$454.3K
Cap Rate 7%
$324,529
$324.5K
Cap Rate 9%
$252,411
$252.4K
Market Conditions
NOI Build-Up for 1,006 SF
Gross rent
$34.2K $33.96/SF
− Vacancy
−$3.9K −$3.85/SF
EGI
$30.3K $30.11/SF
− OpEx
−$7.6K −$7.53/SF
NOI
$22.7K $22.58/SF
Area
Prince George's County, MD
Vacancy
11.34%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,340
Cap Rate 7%
$324,529
Cap Rate 9%
$252,411
Alternative Uses
Best Use
Specialty Retail
$324.5K
$284.0K – $378.6K
NOI $22,717 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$227.9K
$199.4K – $265.9K
NOI $15,952 @ 7.0% cap · market cap 2.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - CGO-zoned workspace with production, reception, office, restroom, and storage areas for culinary operations.
Where is this commercial kitchen located?
The property is located at 13629 Annapolis Road Bowie, MD.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 1,006± SF commercial kitchen condo in Bowie, Maryland; Operational commercial kitchen with equipment in place; CGO (Commercial, General and Office) zoning
