1503 Forest DrAnnapolis, MD 21401

For Sale
$1,650,000

Prime 1.07-acre lot, permit-ready.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.07-acre commercial development site in Annapolis, Maryland, presents a unique investment opportunity. Located at 1503 Forest Drive, in Anne Arundel County (zip code 21401), this property boasts a B2 zoning designation and is fully approved for construction. Approved plans are available for a three-story office/retail building totaling up to 22,000 square feet, with potential for expansion up to 22,600 square feet. The design includes approximately 3,780 square feet of ground-floor retail space, ideal for a variety of uses. The site offers excellent visibility and accessibility, with frontage on both Forest Drive and Spa Road, and convenient access to Route 50 and I-97. The property also includes plans for approximately 70 surface parking spaces. Its location near Annapolis Middle School and minutes from Historic Downtown Annapolis makes it highly desirable. This permit-ready site is perfect for office, daycare, food service, retail, or medical uses. The asking price is $1,650,000. Don't miss this chance to develop a thriving commercial property in a prime Annapolis location.

Highlights

  • Ideal for office, daycare, restaurant, retail, or medical uses.
  • High visibility with excellent frontage on Forest Drive and Spa Road.
  • Convenient access via traffic signals at the Forest Drive and Spa Road intersection.
  • Easy access to Route 50 and I-97.
  • Short drive to Historic Downtown Annapolis.

Property Details for 1503 Forest Dr

Property type
Other land, Land
Lot Size (sq. ft)
46,609 SF

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.979434
Longitude
-76.4919706
1503 Forest Dr, Annapolis, Maryland
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1503 Forest Dr
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