Flex Condo with Roll-Up
2110 Renard Court Annapolis, MD 21401
2110 Renard Court, Annapolis, MD, 21401
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For Sale
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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 Market23
Property Features for 2110 Renard Court
General Information
- Standard status
- Active
- Size
- 1,883 SF
- Property subtype
- Office
Listing agency
Douglas Commercial
(301) 655-8253
Listed by
Scott Douglas · License #MD 580592
Source
Crexi
Added: Jun 29 Updated: Jul 21 at 2:12AM Checked: Jul 21 at 4:13AM
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.
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
Local 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 | $37.7k | $20.04 |
| − Vacancy | −$3.1k | −$1.64 |
| EGI | $34.6k | $18.40 |
| − OpEx | −$12.1k | −$6.44 |
| NOI | $22.5k | $11.96 |
1,883 SF · lease $20.04/SF/yr · vacancy 8.20% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Kona Ice of Annapolis — 2012 Renard Ct STE B, Annapolis, MD 21401
FAQs
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
