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    Truman Pkwy Annapolis, MD 21401

    Sponsored
    For Lease
    Contact for pricing

    Flex, R&D, & Retail Space in Annapolis, MD

    Lot size:
    133,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Annapolis, Maryland property, situated on 29 acres at Riva Road and Harry S. Truman Parkway, offers a diverse range of commercial spaces within the Annapolis Technology Park. The single-story building totals 133,000 square feet, encompassing retail, office, and industrial (flex/R&D) uses. Multiple suites are available, with a minimum divisible space of 1,315 square feet and a maximum contiguous space of 4,800 square feet. Currently, 8,815 square feet is vacant. Ceiling heights vary

    Property Features for 0 Truman Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    133,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    2635 Riva Road 104
    Size
    2,700 SF
    Space
    2641 Riva Road Suite E
    Size
    1,315 SF
    Space
    Suite 104-107
    Size
    4,800 SF

    HighLights

    • Brick construction with block foundation.
    • 16‑foot clear ceiling height in warehouse/flex space; 9‑foot clear ceiling height in office space.
    • Ample parking: 4‑5 spaces per 1,000 square feet.
    • C‑2 and W‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5555256
    Latitude
    38.9760919

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    FAQs

    What type of property is this?
    Life science property - Flex, R&D, & Retail Space in Annapolis, MD
    Where is this life science property located?
    The property is located at Truman Pkwy Annapolis, MD.
    What are key features of this property?
    This property features: Brick construction with block foundation.; 16-foot clear ceiling height in warehouse/flex space; 9-foot clear ceiling height in office space.; Ample parking: 4-5 spaces per 1,000 square feet.
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    Truman Pkwy 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
    Truman Pkwy Annapolis, MD 21401
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