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    Retail Condominium with Drive-Thru Lanes Title is generated by Realmo AI

    A-1-12100 Annapolis Rd, Glenn Dale, MD 20769

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    For Sale
    $1,100,000

    Former bank branch offering retail condominium space with two drive-thru banking lanes and flexible CGO zoning uses.

    Property size:
    2,836 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $387/SF
    Added:
    Jul 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 8 at 3:49 am

    Property Features for A-1-12100 Annapolis Rd

    General Information

    Standard status
    Active
    Size
    2,836 SF
    Lot size
    0.16 Acres

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    Jeffrey E Stein
    Jeffrey E Stein

    Listing office Tranzon Key

    Listing date Jul 2, 2026

    Source Exprealty

    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 Tranzon Key

    HighLights

    • Former bank branch with 2,836 SF of net rentable area on a 0.16‑acre site
    • Constructed in 2009 and described as in good overall condition
    • Suite 1 is a retail condominium unit with 2 drive‑thru banking lanes
    • Shares the structure with a pharmacy (Suite 2)
    • Zoned CGO (Commercial General and Office) with permitted uses including medical/dental office and veterinary clinic
    • CGO zoning also allows professional office and cannabis dispensary

    Overview

    12100 Annapolis Road is a former bank branch building constructed in 2009 and currently in good overall condition. The property includes 2,836 SF of net rentable area on a 0.16-acre site and is configured as two condominiums within the shared structure: Suite 1 and Suite 2. Suite 1 is a retail condominium unit featuring two drive-thru banking lanes, while Suite 2 is shared with a pharmacy.

    The building is located at 12100 Annapolis Road in Glenn Dale, Maryland. The subject unit specifically includes two drive-thru banking lanes, supporting operational designs that benefit from vehicle service.

    Zoned CGO (Commercial General and Office), the property supports a variety of uses that can include medical or dental office, veterinary hospital or clinic, professional office, and cannabis dispensary, among others. The two-lane drive-thru configuration may be well suited to tenants seeking a service-access layout within a retail condominium setting co-located with an existing pharmacy suite.

    Local Financial Insights For Specialty Retail

    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 $96.3k $33.96
    − Vacancy −$10.9k −$3.85
    EGI $85.4k $30.11
    − OpEx −$21.3k −$7.53
    NOI $64.0k $22.58
    2,836 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $914.9K
    $800.5K – $1.07M (±1% cap)
    NOI $64,042 @ 7.0% cap · market cap 5.82%
    Second Best
    Retail
    $910.1K
    $796.4K – $1.06M (±1% cap)
    NOI $63,709 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Real Estate Agency Law Firm Dental Office Building Supply Hair Salon Restaurant Spa & Massage Center HVAC Service Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenn Dale
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.8049523
    Latitude
    38.9593453

    FAQs

    What type of property is this?
    Bank - Former bank branch offering retail condominium space with two drive-thru banking lanes and flexible CGO zoning uses.
    Where is this bank located?
    The property is located at A-1-12100 Annapolis Rd Glenn Dale, MD.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Former bank branch with 2,836 SF of net rentable area on a 0.16‑acre site; Constructed in 2009 and described as in good overall condition; Suite 1 is a retail condominium unit with 2 drive‑thru banking lanes
    More about this property
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