10977 Guilford Rd Annapolis Junction, MD 20701-1125
Property profile & analytics
10977 Guilford Rd Annapolis Junction, MD 20701-1125
- Industrial properties
- 22,500 SF
- 1.98 lot acres
Property ID
US40-1287736
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Vibrint Meadowgate Technologies, LLC / Consultant
Property Details for 10977 Guilford Rd
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.98 lot acres
- Property size
- 22,500 SF
- Zone code
- M2
- Property type
- Industrial properties
- APN
- 06-579353
- APU
- 6579353
Description
This exceptional investment opportunity presents a fee-simple, 22,500-square-foot flex/R&D industrial property located at 10977 Guilford Rd, Annapolis Junction, MD 20701. The property boasts a 7.70% cap rate and a strong net operating income (NOI) of $342,766. Currently 100% occupied by Meadowgate Technologies, a financially stable tenant with a corporate guarantee, under a 10-year net lease (NNN) agreement commencing July 1, 2021, and expiring June 30, 2031. This leaves a substantial remaining lease term of approximately 6.6 years. The lease includes annual rent bumps of 2.5%, providing an excellent hedge against inflation. The tenant has invested significantly in the property's data center infrastructure. The property features 1600 amps of 3-phase power (two 800-amp units). Situated on a 1.98-acre lot, this asset benefits from its prime location near I-95, offering exceptional logistical advantages and proximity to the National Security Agency (NSA). The property is also within a desirable submarket with strong demographics, including nearly 200,000 people and an average household income exceeding $120,000 within a 5-mile radius. The asking price is $4,450,000, translating to a price per square foot of $197.78. A single, five-year lease option is included.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,128,000
Market price range: $2.34M - $4.68M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,085,000 Current use
- COMMERCIAL (GENERAL)
- $5,360,000 Change: +74% Conversion: Difficult
- WAREHOUSE, STORAGE
- $4,110,000 Change: +33% Conversion: Easy
- OFFICE BUILDING
- $3,790,000 Change: +23% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Annapolis Junction
- County
- Howard
- State
- Maryland
- Longitude
- -76.7906
- Latitude
- 39.1309
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,587
$0.00
$0.00
$2,632,833
-
$431,200
$2,212,100
$2,643,300
