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    Annapolis Retail/Office Development Site
    Updated: Mar 26
    Annapolis Retail/Office Development Site

    1503 Forest Dr, Annapolis, MD 21401

    $1,650,000
    22,600 sqft 1.07 AC lot
    Fully approved and permit‑ready for a 22,000 SF office/retail building.
    Plans in‑hand for a 3‑story building with flexible space suitable for retail, office, or medical use.
    High visibility location on Forest Drive and Spa Road with signalized access.
    Includes ±3,780 SF of first‑floor space ideal for retail businesses.
    Approximately 1.07‑acre site next to Annapolis Middle School.
    View details
    See hot listings in Annapolis

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 1 Active listings in Annapolis, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Dental Practice Opportunity
    Established Dental Practice Opportunity

    4300 Wheeler Rd SE, Washington, DC 20032

    $200,000
    4,356 sqft

    Long-standing dental practice and professional office property for sale.

    View details
    Office Units with Build-Out Potential
    Office Units with Build-Out Potential

    5410 RITCHIE Highway, Baltimore, MD 21225

    $899,000
    0.30 AC lot

    Brick commercial building offers two finished suites and one unfinished space for office users.

    View details
    Medical Office Condominium
    Medical Office Condominium

    720 MAIDEN CHOICE Lane, Baltimore, MD 21229

    $775,000

    Lower-level condominium with flexible rooms, private offices, multiple kitchenettes, and a dedicated parking lot.

    View details
    Dental Medical Office Condominium
    Dental Medical Office Condominium

    1330 NEW HAMPSHIRE Avenue NW, Washington, DC 20036

    $599,900

    Configured dental office with reception, private office, procedure rooms, laboratory space, and included dental equipment.

    View details

    Off-Market Properties in Annapolis, MD

    Consider similar Off-Market properties in Annapolis, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    42 Oak Ct
    MEDICAL BUILDING

    42 Oak Ct, Annapolis, MD 21401-7017

    Estimated value:
    $695,000
    1,325 sqft 0.24 AC lot
    View details
    71 Old Ml Btm N Rd
    MEDICAL BUILDING

    71 Old Ml Btm N Rd, Annapolis, MD 21409-5410

    Estimated value:
    $3,605,000
    19,344 sqft 1.59 AC lot
    View details
    203 Ridgely Ave
    MEDICAL BUILDING

    203 Ridgely Ave, Annapolis, MD 21401-1303

    Estimated value:
    $3,275,000
    11,680 sqft 0.60 AC lot
    View details
    820 Bestgate Rd
    MEDICAL BUILDING

    820 Bestgate Rd, Annapolis, MD 21401-3404

    Estimated value:
    $12,460,000
    41,474 sqft 3.00 AC lot
    View details
    2568 Riva Rd
    MEDICAL BUILDING

    2568 Riva Rd, Annapolis, MD 21401-7405

    Estimated value:
    $3,085,000
    8,370 sqft 1.39 AC lot
    View details
    129 Lubrano Dr
    MEDICAL BUILDING

    129 Lubrano Dr, Annapolis, MD 21401-7564

    Estimated value:
    $5,225,000
    30,537 sqft 1.84 AC lot
    View details
    2114 Generals Hwy
    MEDICAL BUILDING

    2114 Generals Hwy, Annapolis, MD 21401-7488

    Estimated value:
    $1,425,000
    6,236 sqft 0.57 AC lot
    View details
    193 Grn St
    MEDICAL BUILDING

    193 Grn St, Annapolis, MD 21401-2501

    Estimated value:
    $325,000
    1,264 sqft 0.03 AC lot
    View details
    716 Monterey Ave
    MEDICAL BUILDING

    716 Monterey Ave, Annapolis, MD 21401

    Estimated value:
    $2,990,000
    16,434 sqft 0.71 AC lot
    View details
    2564 Riva Rd
    MEDICAL BUILDING

    2564 Riva Rd, Annapolis, MD 21401-7405

    Estimated value:
    $1,235,000
    6,930 sqft 0.73 AC lot
    View details
    2051 Ww St
    MEDICAL BUILDING

    2051 Ww St, Annapolis, MD 21401-3006

    Estimated value:
    $1,500,000
    6,538 sqft 0.88 AC lot
    View details
    104 Ridgely Ave
    MEDICAL BUILDING

    104 Ridgely Ave, Annapolis, MD 21401-1439

    Estimated value:
    $1,455,000
    10,246 sqft 0.37 AC lot
    View details
    166 Defense Hwy
    MEDICAL BUILDING

    166 Defense Hwy, Annapolis, MD 21401-8919

    Estimated value:
    $4,370,000
    30,453 sqft 2.54 AC lot
    View details
    2661 Riva Rd, Unit 600
    MEDICAL BUILDING

    2661 Riva Rd, Annapolis, MD 21401-7353

    Unit 600
    Estimated value:
    $510,000
    2,547 sqft 0.29 AC lot
    View details
    139 Old Solomons Is Rd
    MEDICAL BUILDING

    139 Old Solomons Is Rd, Annapolis, MD 21401-0904

    Estimated value:
    $1,060,000
    6,532 sqft 0.71 AC lot
    View details
    108 Forbes St
    MEDICAL BUILDING

    108 Forbes St, Annapolis, MD 21401-1545

    Estimated value:
    $2,245,000
    14,549 sqft 0.51 AC lot
    View details
    1204 Ww St
    MEDICAL BUILDING

    1204 Ww St, Annapolis, MD 21401-3610

    Estimated value:
    $550,000
    2,448 sqft 0.23 AC lot
    View details
    114 Forbes St
    MEDICAL BUILDING

    114 Forbes St, Annapolis, MD 21401-1502

    Estimated value:
    $670,000
    4,489 sqft 0.17 AC lot
    View details
    802 Bestgate Rd
    MEDICAL BUILDING

    802 Bestgate Rd, Annapolis, MD 21401-3024

    Estimated value:
    $1,730,000
    7,255 sqft 1.10 AC lot
    View details
    185 Ww St
    MEDICAL BUILDING

    185 Ww St, Annapolis, MD 21401

    Estimated value:
    $2,120,000
    14,320 sqft 0.75 AC lot
    View details
    171 Defense Hwy
    MEDICAL BUILDING

    171 Defense Hwy, Annapolis, MD 21401-7004

    Estimated value:
    $855,000
    3,948 sqft 0.44 AC lot
    View details
    2024 Ww St
    MEDICAL BUILDING

    2024 Ww St, Annapolis, MD 21401-3029

    Estimated value:
    $3,790,000
    26,451 sqft 1.13 AC lot
    View details
    1606 Frst Dr
    MEDICAL BUILDING

    1606 Frst Dr, Annapolis, MD 21403-1004

    Estimated value:
    $785,000
    5,102 sqft 0.54 AC lot
    View details

    Annapolis, MD Medical Centers Market Trends and Statistics

    Explore 33 medical centers for sale in Annapolis, MD on our real estate platform. These investment opportunities span a total of 22,600 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for medical buildings in Annapolis, MD average $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 4
    Medical centers 1
    Medical space 1

    Demographics Overview

    Population 95K
    Population Growth (5Y) -6.2%
    Median Household Income $123,100
    College Educated 52.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Property Tax per SF $9.08 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anne Arundel County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Annapolis fall within the 100,000+ square foot range.

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