1503 Forest Dr Annapolis, MD 21401
- Commercial land
- 3,900 SF
- 1.03 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1503 Forest Dr
- Year built
- 1970
- Lot size
- 1.03 lot acres
- Property size
- 3,900 SF
- Zone code
- B2
- Property type
- Commercial land
- APN
- 06-000-08978225
- APU
- 600008978225
Description
This exceptional 1.07-acre commercial development site in Annapolis, Maryland, presents a unique investment opportunity. Located at 1503 Forest Drive, in Anne Arundel County (zip code 21401), this property boasts a B2 zoning designation and is fully approved for construction. Approved plans are available for a three-story office/retail building totaling up to 22,000 square feet, with potential for expansion up to 22,600 square feet. The design includes approximately 3,780 square feet of ground-floor retail space, ideal for a variety of uses. The site offers excellent visibility and accessibility, with frontage on both Forest Drive and Spa Road, and convenient access to Route 50 and I-97. The property also includes plans for approximately 70 surface parking spaces. Its location near Annapolis Middle School and minutes from Historic Downtown Annapolis makes it highly desirable. This permit-ready site is perfect for office, daycare, food service, retail, or medical uses. The asking price is $1,650,000. Don't miss this chance to develop a thriving commercial property in a prime Annapolis location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Annapolis
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.5122
- Latitude
- 38.9623
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
