Waterfront Office
301 4TH STREET, Annapolis, MD 21403
For Sale
New
Contact for pricing
The space includes a designated off-street parking spot and access to shared waterfront amenities.
Property Size7,117 SF
Price / SF$0.12
Days on Market4
Property Features for 301 4TH STREET
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Property Use
Amenities
grills
picnic tables
waterfront fire pit
Building Details
Year Built
Listing Agency:
Engel & Volkers Annapolis
(443) 292-6767
Listed By:
Caitlin McCleary Horn · License #5023537
(843) 566-2228
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 6:16PM
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 Engel & Volkers Annapolis
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Investment Insights
Based on property information with market context.
Office space is available at Pier 4 Marina in Annapolis under a triple-net lease, with single- and multi-year terms offered. The unit includes one designated off-street parking space and access to shared facilities with grills, picnic tables, and a waterfront fire pit.
The property overlooks Spa Creek, Annapolis Harbor, and the Naval Academy, and is next to Annapolis City Marina.
The property overlooks Spa Creek, Annapolis Harbor, and the Naval Academy, and is next to Annapolis City Marina.
Key Highlights
- Office unit at Pier 4 Marina in Annapolis
- Water views of Spa Creek, Annapolis Harbor, and the Naval Academy
- One designated off‑street parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,897
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,940
$997.9K
Cap Rate 7%
$712,814
$712.8K
Cap Rate 9%
$554,411
$554.4K
Market Conditions
NOI Build-Up for 7,117 SF
Gross rent
$81.1K $11.40/SF
− Vacancy
−$14.6K −$2.05/SF
EGI
$66.5K $9.35/SF
− OpEx
−$16.6K −$2.34/SF
NOI
$49.9K $7.01/SF
Area
Anne Arundel County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,940
Cap Rate 7%
$712,814
Cap Rate 9%
$554,411
Alternative Uses
Best Use
Office B
$712.8K
$623.7K – $831.6K
NOI $49,897 @ 7.0% cap · market cap 5,870.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,733 @ 7.0% cap · market cap 17,145.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,367
Businesses Nearby
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Business Placement
Demographics for 21403, MD
31,521
Population
15,479
Households
2
Avg Household Size
42
Median Age
58%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
3,389
Density / Sq Mi
$115,068
Median Household Income
$64,638
Median Earnings
$1,872
Median Rent
$566,900
Median Home Value
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Market
Properties on Market for Office Units in Annapolis
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The space includes a designated off-street parking spot and access to shared waterfront amenities.
Where is this office unit located?
The property is located at 301 4TH STREET Annapolis, MD.
What are key features of this property?
This property features: Office unit at Pier 4 Marina in Annapolis; Water views of Spa Creek, Annapolis Harbor, and the Naval Academy; One designated off‑street parking space
