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    626 Admiral Dr Annapolis, MD 21401

    For Lease
    $30 SF/Yr

    Prime Annapolis location, 17,950 SF, 2 spaces available

    Lot size:
    17,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Admiral's Court, a single-story, 17,950 square foot retail and office strip center in Annapolis, Maryland, presents a compelling investment opportunity. Located at 626 Admiral Drive, at the corner of Bestgate Road, this property boasts excellent visibility due to its prominent location and two large pylons. The center features twelve suites in total, with 1,900 square feet currently vacant. This space, previously a consignment store, offers 1,900 square feet of adaptable space, ideal for a variety of retail uses, such as a nautical or pet store. The property benefits from ample parking and easy access from Bestgate Road. Admiral's Court enjoys a strong anchor tenant, Wawa, and is strategically situated near major retail destinations. Its proximity to Westfield Annapolis Mall (featuring Nordstrom, Lord & Taylor, Macy's, Sears, and JCPenney) and Annapolis Towne Centre at Parole provides significant foot traffic and consumer draw. The property is located in Anne Arundel County, Maryland, with a zip code of 21401. This well-positioned retail center offers a unique chance to capitalize on a thriving Annapolis market. The available space presents a blank canvas for a savvy entrepreneur to establish a successful business in a high-traffic area.

    Property Features for 626 Admiral Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,950 SF
    Total Rate
    44875

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite J - Retail
    Size
    1,250 SF
    Space
    Suite A - 1,250 SF
    Size
    1,250 SF
    Rate per SF
    $30

    HighLights

    • 17,950 SF building.
    • Wawa‑anchored center near Westfield Annapolis Mall.
    • Prominent pylon signage opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sports Pro Physical ... Physical Therapy Clinic Johnson Legal Group, ... Law Firm The Maids House Cleaning Service Admiral Home Improvements ... Roofing Contractor Smoke shack Tobacco Shop

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Dental Office Realty agency Nail Salon Food Market Clothing Store 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
    -76.5322495
    Latitude
    38.9945079

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Annapolis location, 17,950 SF, 2 spaces available
    Where is this neighborhood center located?
    The property is located at 626 Admiral Dr Annapolis, MD.
    What is the lease rate?
    The lease rate is $0.00-$30 SF/Yr.
    What are key features of this property?
    This property features: 17,950 SF building.; Wawa-anchored center near Westfield Annapolis Mall.; Prominent pylon signage opportunity.
    Request Owner's contact information
    626 Admiral 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
    626 Admiral Dr Annapolis, MD 21401
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