Second-Floor Office
530 College Pkwy Annapolis, MD 21409
For Sale
Contact for pricing
Second-floor, non-ADA-accessible office condo with free, unreserved parking and space sizes from 880 to 2,160 SF.
Property Size880 SF
Price / SF$232.95
Days on Market320
Property Features for 530 College Pkwy
General Information
- Standard status
- Active
- Size
- 880 SF
- Property subtype
- OFFICE
Listing Agency:
Hyatt Commercial Real Estate
(410) 260-6548
Listed By:
Collin Mercier · License #659421
(443) 684-9285
Source:
Moodyscre
Added: Sep 8, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:16AM
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 Hyatt Commercial Real Estate
Investment Insights
Based on property information with market context.
Condo office units are available for lease or sale, with spaces ranging from 880 square feet up to 2,160 square feet that can be combined. The location is a second-floor walk-up and is not ADA accessible. Free, unreserved parking is provided.
Average annual daily traffic is reported at over 16,000.
This offering is suited for office tenants seeking flexibility across multiple unit sizes within the same property.
Average annual daily traffic is reported at over 16,000.
This offering is suited for office tenants seeking flexibility across multiple unit sizes within the same property.
Key Highlights
- Office condo available for lease or sale
- Second‑floor walk‑up; not ADA accessible
- Suite sizes range from 880 SF to 2,160 SF, with space available to combine
Financial Insights For Office B
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 | $10.0k | $11.40 |
| − Vacancy | −$1.8k | −$2.05 |
| EGI | $8.2k | $9.35 |
| − OpEx | −$2.1k | −$2.34 |
| NOI | $6.2k | $7.01 |
880 SF · lease $11.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$88.1K
$77.1K – $102.8K
NOI $6,170 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.4K
$225.3K – $300.3K
NOI $18,020 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Marissa I. Wallie, ...
Alternative Medicine Practice
True Moon Yoga ...
Gym & Fitness Center
Dentist Parking Lot
Physician
Cummings Patricia A
Family Counselor
Broadneck Family Chiropractic
Alternative Medicine Practice
FAQs
What type of property is this?
Office units - Second-floor, non-ADA-accessible office condo with free, unreserved parking and space sizes from 880 to 2,160 SF.
Where is this office units located?
The property is located at 530 College Pkwy Annapolis, MD.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Office condo available for lease or sale; Second‑floor walk‑up; not ADA accessible; Suite sizes range from 880 SF to 2,160 SF, with space available to combine
