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Property summary
The property is a 1.07-acre site with approved, permit-ready plans for a three-story mixed-use building suitable for office, retail, or medical use. The plans support up to approximately 22,000 square feet of gross building area, including about 3,780 square feet allocated to first-floor retail space. The site plan provides for 70 surface parking spaces and includes frontage along both Forest Road and Spa Road, with entry and exit access controlled by a traffic signal at the intersection of Forest and Spa Roads. The property is positioned next to Annapolis Middle School and is designed to provide convenient access to Route 50 and I-97; the building footprint is shown as configurable, ranging from approximately 2,400 square feet to about 22,600 square feet.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is permitted for both daily and occasional shopping
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Annapolis market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Annapolis, MDThe B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is permitted for both daily and occasional shopping
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The B2 Community Shopping District is designed to accommodate the needs of a large consumer population thus, a wide range of uses is permitted for both daily and occasional shopping
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Annapolis, MD.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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