Flex
1668 ANNAPOLIS ROAD #B, Odenton, MD 21113
For Sale
New
Contact for pricing
The adaptable commercial layout is presented for office, service, printing, or small retail use.
Property Size4,770 SF
Price / SF$0.63
Days on Market2
Property Features for 1668 ANNAPOLIS ROAD #B
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
Giant Realty, Inc.
(410) 750-8040
Listed By:
Susie Baik · License MD #0656401
(443) 653-0238
Source:
Cummingsrealtors
Added: Nov 10
Last Checked: Nov 10 at 2:37PM
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 Giant Realty, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial flex space is at 1668 Annapolis Road, Unit B, in Odenton, Maryland. Its layout is described as adaptable, with professional office, pet grooming, printing, and small retail identified as possible uses. The building dates to 1963.
Key Highlights
- Building constructed in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,082
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,640
$501.6K
Cap Rate 7%
$358,314
$358.3K
Cap Rate 9%
$278,689
$278.7K
Market Conditions
NOI Build-Up for 4,770 SF
Gross rent
$38.4K $8.04/SF
− Vacancy
−$2.5K −$0.53/SF
EGI
$35.8K $7.51/SF
− OpEx
−$10.7K −$2.25/SF
NOI
$25.1K $5.26/SF
Area
Anne Arundel County, MD
Vacancy
6.57%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,640
Cap Rate 7%
$358,314
Cap Rate 9%
$278,689
Alternative Uses
Best Use
Flex RnD
$814.8K
$713.0K – $950.7K
NOI $57,039 @ 7.0% cap
Second Best
Industrial
$358.3K
$313.5K – $418.0K
NOI $25,082 @ 7.0% cap
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,674 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21113, MD
35,670
Population
16,103
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
15.0 sq mi
ZIP Area
2,378
Density / Sq Mi
$125,081
Median Household Income
$68,955
Median Earnings
$2,152
Median Rent
$401,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- International food Delivery Darieux Café — Fort Meade, MD 20755
- EkaBea Catering — 8329 Jacobs Rd, Severn, MD 21144
Frequently Asked Questions
What type of property is this?
Flex space - The adaptable commercial layout is presented for office, service, printing, or small retail use.
Where is this flex space located?
The property is located at 1668 ANNAPOLIS ROAD #B Odenton, MD.
What are key features of this property?
This property features: Building constructed in 1963
