530 College Pky, Annapolis, MD 21409
Professional office complex in a convenient location.
- Added:
- Jun 26, 2020
- Days on Market:
- 2202
- Last Refresh:
- Jun 25 at 3:56 am
Property Features for 530 College Pky
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Office
Listing office Hyatt Commercial (410) 266-8800
Listing date Jun 26, 2020
Source Crexi
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
HighLights
- Located directly on College Parkway.
- Close to Route 50.
- Close to the Bay Bridge.
- Close to Anne Arundel Community College.
- Close to Ritchie Highway.
- Professional complex with wooded setting.
Overview
Local 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 | $22.8k | $11.40 |
| − Vacancy | −$4.1k | −$2.05 |
| EGI | $18.7k | $9.35 |
| − OpEx | −$4.7k | −$2.34 |
| NOI | $14.0k | $7.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Annapolis
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.4645462
- Latitude
- 39.0365798
