1300 Forest Dr Annapolis, MD 21403
This exceptional Annapolis commercial property presents a rare redevelopment opportunity. Located at 1300 Forest Drive, Annapolis, MD 21403, this 2.25-acre site boasts 4,500 square feet of existing retail space, previously occupied by a seafood market, along with two adjacent residentially zoned lots. The property benefits from a prime Forest Drive frontage and a signalized intersection with Tyler Avenue, providing excellent visibility and accessibility. Multiple curb cuts enhance convenience. The existing building features 7400 square feet of space, including a former carryout seafood operation with extensive commercial-grade equipment. This includes three 1,000-gallon grease interceptors, three walk-in boxes, one freezer, and an existing boiler for a steamer. The property is served by public water, gas, and sewer, and boasts 400-amp, three-phase service with three separate panels. Zoned B2, this versatile property is ideal for a mixed-use or retail-oriented project. The combination of existing infrastructure, prime location, and significant lot size makes this a truly unique investment opportunity in a highly desirable Annapolis location. This is a rare chance to acquire a substantial property with significant redevelopment potential in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.