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Property profile & analytics
OFF-MARKET
Life science properties

980-987 Waugh Chapel Way Gambrills, MD 21054

226,840 SF
Property ID
Property summary
AI-generated overview

This exceptional Anne Arundel County business park offers 226,840 square feet of flexible and research & development space across seven suites. Located at 980-987 Waugh Chapel Way, Gambrills, MD 21054, this 24-acre property boasts a convenient location directly adjacent to Waugh Chapel Towne Centre, providing easy access to retail, dining, and entertainment. The park features units ranging from 2,560 to 34,120 contiguous square feet, with a total of 101,874 square feet currently vacant. High ceilings (16-18 feet) accommodate diverse business needs. Ample parking is provided, with a ratio of four spaces per 1,000 square feet. The MXD-R zoning allows for a variety of uses. Its strategic location offers quick access to major transportation arteries, including Interstate 97, MD Routes 3, 32, 175, and US 50, providing seamless commutes to Fort Meade, Baltimore, Annapolis, and Washington, D.C. This is an unparalleled opportunity to establish your business in a thriving community with excellent amenities and unparalleled connectivity.

Property profile
Verified
Property type Life science properties
Total area 226,840 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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