Financial
Distress signals
Property profile

2563 Forest Dr Annapolis, MD 21401

FOR SALE
Retail space
Property ID
US40-1351848
16,621 SF 1.17 ac lot Built 1969
Last sale Oct 2021 · $7,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2563 Forest Dr, Annapolis, MD 21401 For Sale
$899,999 16,621 SF
2563 Forest Dr, Annapolis, MD 21401
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Property summary

AI-generated overview

This exceptional office space, located at 2563 Forest Drive in Annapolis, Maryland, presents a truly remarkable opportunity for businesses seeking a prime location. Situated on a generous 1.17-acre lot, this top-floor office boasts ample square footage, providing significant flexibility for various business needs. The property's strategic location offers unparalleled convenience, with close proximity to the Annapolis Mall and other key amenities, ensuring easy access for employees and clients…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$53k
Tax billed · 2023
Assessed value$3.69M
Assessed land$1.64M
Assessed improvement$2.05M
Effective rate1.44%

Value estimate

· Sep 2026
$7.26M
$6.53M – $7.98M
NOI build-up
Gross scheduled income$230k
Vacancy & credit loss−$41k
Operating expenses−$47k
NOI · 15.71% cap applied$141k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$414/SF
County average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$243 – $662

Cap rate analysis

How does the asset earn?
15.71%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
The B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is perm...
General categoryCOMMERCIAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.7
Electrical Service8.8
Storage Facility8.7

Location

2563 Forest Dr Annapolis, MD 21401
County assessor Recorded deeds · 15 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
50 State, Annapolis, MD 21401-1900 $2,600,000 Jun 2025 3,116 SF
2002 Annapolis, Annapolis, MD 21401-7604 $160,000,000 Sep 2024 3,350 SF
101 Annapolis, Annapolis, MD 21401-1309 $2,000,000 Nov 2023 4,000 SF
2012 Ww, Annapolis, MD 21401-3031 $1,659,500 May 2023 4,440 SF
1977 Ww, Annapolis, MD 21401-4380 $580,000 Dec 2019 3,520 SF
2029 Industrial, Annapolis, MD 21401 $2,350,000 Aug 2019 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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