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Second-Floor Office Condo
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530 College Pkwy, Annapolis, MD 21409

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 Market412

Property Features for 530 College Pkwy

General Information

Standard status Active
Size 880 SF
Property subtype OFFICE
Lease Type Gross

Additional Details

Traffic Count 16,000 vehicles/day

Properties For Sale

at 530 College Pkwy Contact us

530 College Pky AVAILABLE, Now

Floor 2
Size 2,160 SF
Type OFFICE
Lease Type GROSS
Sublease No
- Condo's available - For Lease or Sale - Space ranging from 880sf up to 2,160sf (can be combined) - Parking is free and unreserved - Second Floor Walk-Up (not ADA Accessible) - Average Annual Daily Traffic over 16,000
Contact us

530 College Pky AVAILABLE, Now

Floor 2
Size 880 SF
Type OFFICE
Lease Type GROSS
Sublease No
- Condo's available - For Lease or Sale - Space ranging from 880sf up to 2,160sf (can be combined) - Parking is free and unreserved - Second Floor Walk-Up (not ADA Accessible) - Average Annual Daily Traffic over 16,000
Contact us
Listing Agency: Hyatt Commercial Real Estate
Listed By: George Shenas · License #659421
Source: Moodyscre
Added: Sep 8, 2025 Changed: Oct 9 Last Checked: Oct 23 at 11:14AM

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

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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.

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

Estimated NOI and Cap Rate

NOI / Yr
$6,170
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$123,400 $123.4K
Cap Rate 7%
$88,143 $88.1K
Cap Rate 9%
$68,556 $68.6K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$10.0K $11.40/SF
− Vacancy
−$1.8K −$2.05/SF
EGI
$8.2K $9.35/SF
− OpEx
−$2.1K −$2.34/SF
NOI
$6.2K $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%
$123,400
Cap Rate 7%
$88,143
Cap Rate 9%
$68,556

Alternative Uses

Best Use
Office B
$88.1K
$77.1K – $102.8K (±1% cap)
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 (±1% cap)
NOI $18,020 @ 7.0% cap · market cap 8.79%
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

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

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby

Demographics for 21409, MD

20,326
Population
7,541
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
14.0 sq mi
ZIP Area
1,452
Density / Sq Mi
$146,667
Median Household Income
$71,840
Median Earnings
$2,007
Median Rent
$499,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor, non-ADA-accessible office condo with free, unreserved parking and space sizes from 880 to 2,160 SF.
Where is this office unit 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
(410) 260-6548 Call to check price and availability
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