Flex Condo with Roll-Up
For Sale
Contact for pricing
2110 Renard Court, Annapolis, MD 21401
Flex condominium combines built-out office space with a warehouse featuring a roll-up drive-in door and a mezzanine.
Property Size1,883 SF
Price / SF$243.04
Days on Market114
Property Features for 2110 Renard Court
General Information
Standard status
Active
Size
1,883 SF
Property subtype
Office
Zoning
W1
Additional Details
Business Included
Yes
Highway Access
Yes
Drive-In Doors
1
Listing Agency:
Douglas Commercial
Listed By:
Scott Douglas · License #MD 580592
(301) 655-8253
Source:
Crexi
Added: Jun 29
Changed: Oct 18
Last Checked: Oct 19 at 4:55AM
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
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Investment Insights
Based on property information with market context.
2110 Renard Court offers a well-appointed flex condominium with a combined office and warehouse layout. The unit includes built-out office space, a dedicated kitchen or break area, and two bathrooms for day-to-day functionality. The warehouse portion is served by a roll-up drive-in door, supporting convenient loading and deliveries, while a mezzanine level provides additional storage capacity.
The property is located in Annapolis just off Route 50, with immediate access to US Route 50 for direct connectivity toward Washington, DC and Baltimore. Interstate 97 is also minutes away, providing convenient north–south access across the Central Maryland region.
This offering is positioned as a condo unit with listed condo fees of $225 per month.
The property is located in Annapolis just off Route 50, with immediate access to US Route 50 for direct connectivity toward Washington, DC and Baltimore. Interstate 97 is also minutes away, providing convenient north–south access across the Central Maryland region.
This offering is positioned as a condo unit with listed condo fees of $225 per month.
Key Highlights
- 1,883 SF flex condominium with built‑out office and warehouse space
- Office includes dedicated kitchen/break area and 2 bathrooms
- Warehouse features a roll‑up drive‑in door for loading and deliveries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,517
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,340
$450.3K
Cap Rate 7%
$321,671
$321.7K
Cap Rate 9%
$250,189
$250.2K
Market Conditions
NOI Build-Up for 1,883 SF
Gross rent
$37.7K $20.04/SF
− Vacancy
−$3.1K −$1.64/SF
EGI
$34.6K $18.40/SF
− OpEx
−$12.1K −$6.44/SF
NOI
$22.5K $11.96/SF
Area
Anne Arundel County, MD
Vacancy
8.20%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,340
Cap Rate 7%
$321,671
Cap Rate 9%
$250,189
Alternative Uses
Best Use
Flex RnD
$321.7K
$281.5K – $375.3K
NOI $22,517 @ 7.0% cap · market cap 4.92%
Second Best
Office B
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$550.8K
$482.0K – $642.6K
NOI $38,558 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Turnkey business
Opportunity
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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 - Flex condominium combines built-out office space with a warehouse featuring a roll-up drive-in door and a mezzanine.
Where is this flex space located?
The property is located at 2110 Renard Court Annapolis, MD.
What is the asking price?
The asking price for this property is $457,650.
What are key features of this property?
This property features: 1,883 SF flex condominium with built‑out office and warehouse space; Office includes dedicated kitchen/break area and 2 bathrooms; Warehouse features a roll‑up drive‑in door for loading and deliveries
