Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Annapolis Rd Odenton, MD 21113
    Property profile & analytics

    Annapolis Rd Odenton, MD 21113

    View on Map
    • Land
    • 0.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Annapolis Rd

    Lot size
    0.30 lot acres
    Property type
    Land

    Description

    This exceptional 0.3-acre commercial land parcel presents a unique investment opportunity in Odenton, Maryland. Located on Annapolis Road in Anne Arundel County, this property is zoned O-NOD, permitting the construction of a two-story building with approximately 2,400 square feet of office or retail space. The strategic location offers immediate access to Route 32 and Fort Meade, placing your future development within easy reach of major transportation arteries. Minutes from I-97, I-295, and I-95, this site boasts unparalleled connectivity for both employees and customers. Furthermore, the property benefits from its position within Anne Arundel County's Commercial Revitalization Area, suggesting potential for future growth and development incentives. The asking price for this highly desirable lot is $295,000. This is an exceptional chance to acquire a well-situated commercial property with significant development potential in a thriving Maryland market. The zip code is 21113. Don't miss this opportunity to secure a prime location for your next commercial venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Odenton
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.7039
    Latitude
    39.0895

    Comparable in this City

    • Value Estimation by Request
      3.35 Acres

      3241 Laurel Ft Meade Rd

      Land • 3.35 Acres
      3241 Laurel Ft Meade Rd, Odenton, MD 21113
      View Details
    • Value Estimation by Request
      3.35 Acres

      3241 Laurel Ft Meade Rd

      Land • 3.35 Acres
      3241 Laurel Ft Meade Rd, Odenton, MD 21113
      View Details
    • Value Estimation by Request
      15.00 Acres

      Hale St

      Land • 15.00 Acres
      0 Hale St, Odenton, MD 21113
      View Details
    • Value Estimation by Request
      3.60 Acres

      1402 Annapolis Rd

      Land • 3.60 Acres
      1402 Annapolis Rd, Odenton, MD 21113
      View Details
    • Value Estimation by Request

      1217 Annapolis Rd

      Land
      1217 Annapolis Rd, Odenton, MD 21113
      View Details
    • Value Estimation by Request
      0.06 Acres

      1658 Annapolis Rd

      COMMERCIAL (GENERAL) • 0.06 Acres
      1658 Annapolis Rd, Odenton, MD 21113-1002
      View Details

    Similar Nearby for Sale

    • $275,000

      Land For Sale

      Land available for purchase in Odenton, Maryland.
      Annapolis Rd, Odenton, MD 21113
      View Details
    • Contact for pricing

      Land Near Odenton MARC Station

      Commercial land near apartments, shopping, restaurants, and train station.
      Berger St, Odenton, MD 21113
      View Details
    • Contact for pricing

      Land Near Odenton MARC Station

      Land with O-COR zoning near apartments and Odenton MARC station.
      1439 Annapolis Rd, Odenton, MD 21113
      View Details
    • Contact for pricing

      Odenton Town Center Land

      3.6 acres near MARC station and Ft. Meade.
      1402 Annapolis Rd, Odenton, MD 21113
      View Details
    • New
      $225,000
      3.19 Acres

      3+ Acres for Dream Home

      3+ acre lot near Baltimore, Washington, and Annapolis.
      Patuxent Rd, Odenton, MD 21113
      View Details
    • Contact for pricing
      34,802 SF

      Retail Space Near Fort Meade

      Retail property near Fort Meade at MD 175.
      2288 Blue Water Blvd, Odenton, MD 21113
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease on Telegraph Road, Odenton.
      Telegraph Rd. Md Rte 170, Odenton, MD 21113
      View Details
    • Contact for pricing

      Fenced Acreage for Lease

      One acre of fenced land with utilities for lease.
      1874 Bucklina Ave, Odenton, MD 21113
      View Details
    • Contact for pricing
      101 SF

      Industrial Property for Rent

      Industrial property available for rent in Odenton, Maryland.
      1760 Crossroads Dr, Odenton, MD 21113
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Odenton, Maryland.
      1496 Annapolis Rd, Odenton, MD 21113
      View Details
    • Contact for pricing
      6,181 SF

      Office/Flex/Industrial Buildings Near Fort Meade

      Three one-story office/flex/industrial buildings near Fort Meade and BWI.
      1350 Blair Dr, Odenton, MD 21113
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Annapolis Rd
    Odenton, MD 21113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Annapolis Rd, Odenton, MD, 21113
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!