Property profile

10977 Guilford Rd Annapolis Junction, MD 20701

OFF-MARKET
Industrial properties
Property ID
US40-1287736
22,500 SF 1.98 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL PARK
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,500 SF
Lot 1.98 ac (86,249 SF)
Zoning code M2
APN 06-579353
UPID US40-1287736

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant

Location

10977 Guilford Rd Annapolis Junction, MD 20701-1125
Annapolis Junction metro Census 606901 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$2.69M

Owner & transaction history

since 2024
Last sale
$4.1M
3 recorded transactions
2024
$4.1M
2019
$2.7M
2005
$2.3M

Zoning & alternative use

M2 · Annapolis Junction, MD
Top alternative use upside
Commercial (general) $5.4M +73.8%
Warehouse, storage $4.1M +33.3%
Office building $3.8M +22.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10977 Guilford Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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