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    1783 Forest Dr Annapolis, MD 21401

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, Annapolis, MD

    Lot size:
    51,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 51,300 square foot retail pad site, located at 1783 Forest Drive in Annapolis, Maryland, presents a unique investment opportunity. Situated within the Safeway-anchored Annapolis Marketplace, this property is ideally suited for non-drive-thru retailers and restaurants seeking high visibility and accessibility. The property is available for ground lease or sale, offering flexibility to potential buyers or tenants. Its prime location in the thriving Annapolis submarket of Anne Arundel County, zip code 21401, ensures significant foot traffic and exposure to a large customer base. The property's size allows for a variety of retail concepts, providing ample space for a flagship store or multiple smaller tenants. The existing infrastructure and established center provide a seamless transition for new businesses. This is a rare opportunity to secure a prominent retail presence in a highly desirable location within a well-established shopping center. The property's strategic placement within the Annapolis Marketplace offers immediate access to a substantial customer base, ensuring strong potential for success. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional property offers. The property is located at 38.9700074 latitude and -76.5229908 longitude.

    Property Features for 1783 Forest Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,300 SF

    Unit(s) available at that property

    Space
    Pad Site for Sale or Ground Lease
    Size
    51,300 SF

    HighLights

    • 51,300 square foot retail pad site in Annapolis, MD.
    • Located in the Safeway‑anchored Annapolis Marketplace.
    • Suitable for non‑drive‑thru retail and restaurants.
    • Available for ground lease or sale.
    • Prime location in Anne Arundel County, zip code 21401.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grow & Fortify Corporate Office Susan Mitchell Physical Therapist SAW Logistics and Transportation Transportation Service PetPay, Inc. Pet Adoption Service Shred Nations Shredding Service

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5229908
    Latitude
    38.9700074

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Annapolis, MD
    Where is this retail property located?
    The property is located at 1783 Forest Dr Annapolis, MD.
    What are key features of this property?
    This property features: 51,300 square foot retail pad site in Annapolis, MD.; Located in the Safeway-anchored Annapolis Marketplace.; Suitable for non-drive-thru retail and restaurants.
    Request Owner's contact information
    1783 Forest Dr Annapolis, MD 21401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1783 Forest Dr Annapolis, MD 21401
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