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    147 Old Solomons Island Rd Annapolis, MD 21401

    Sponsored
    For Sale
    $499,800

    Prime Annapolis Office Space - $499,800

    Property size:
    37,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class B executive office building, located at 147 Old Solomons Island Rd in Annapolis, Maryland, presents a unique investment opportunity. Spanning 37,610 square feet, the property boasts efficient and renovated interior space, perfect for a variety of professional uses. The layout includes four private offices, a dedicated conference room, and a convenient kitchenette, ensuring optimal functionality and comfort. The building's strategic location offers unparalleled accessibility, with quick access to major roadways like I-97 and Route 50, simplifying commutes for employees and clients. Its proximity to prominent Annapolis landmarks such as the Annapolis Harbour Center, Annapolis Towne Center, and Downtown Annapolis provides excellent visibility and convenient access to a wealth of amenities. Ample parking is available on-site, addressing a common concern for businesses and their employees. This Net Net (NN) lease structure offers a streamlined ownership experience. The asking price for this well-maintained and strategically positioned office building is $499,800. This represents a compelling opportunity to acquire a high-quality commercial property in a thriving Annapolis location. The property's features and location combine to create a highly desirable and profitable investment prospect. The renovated interior and convenient amenities make this an ideal space for a discerning professional office user seeking a prestigious and functional workspace.

    Property Features for 147 Old Solomons Island Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    37,610 SF
    Class
    B

    HighLights

    • $499,800 asking price for a 37,610 SF Class B office building.
    • Located at 147 Old Solomons Island Rd, Annapolis, MD 21401.
    • Net‑Net lease.
    • Ample parking.
    • Excellent access to I‑97 and Route 50, near Annapolis Harbour Center and Downtown Annapolis.
    • Renovated space with four private offices, conference room, and kitchenette.
    Property Profile Location Intelligence

    Current Use by Public Records

    Global eLearning Translation Service Compass Languages & Global ... Translation Service Bay Area Accounting ... Accountant Karens Pouliot CPA ... Certified Public Accountant Johnson Law Estate Planning Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Annapolis
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.539404
    Latitude
    38.9744713

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Annapolis Office Space - $499,800
    Where is this office property / space located?
    The property is located at 147 Old Solomons Island Rd Annapolis, MD.
    What is the asking price?
    The asking price for this property is $499,800.
    What are key features of this property?
    This property features: $499,800 asking price for a 37,610 SF Class B office building.; Located at 147 Old Solomons Island Rd, Annapolis, MD 21401.; Net-Net lease.
    Request Owner's contact information
    147 Old Solomons Island Rd Annapolis, MD 21401
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    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
    147 Old Solomons Island Rd Annapolis, MD 21401
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