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    Property profile & analytics
    FOR LEASE
    Commercial land

    2500 Riva Rd, Annapolis, MD 21401

    135,032 SF 7.52 ac lot Built 1963
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US40-1220559
    Property summary
    AI-generated overview

    Beacon Square, located at 2500 Riva Rd in Annapolis, MD (zip code 21401), presents a significant retail investment opportunity. This multi-tenant retail center in Anne Arundel County boasts a substantial 93,395 square feet of total building space, currently featuring only 1 square foot of vacant space, indicating high occupancy. The property offers ample parking with 428 spaces, ensuring convenient access for customers and employees. Its strategic location on Riva Road provides excellent regional accessibility, making it an attractive destination for businesses and shoppers alike. The property's classification as a retail center within the broader retail property type suggests a diverse range of potential tenants and revenue streams. The high occupancy rate underscores the property's desirability and strong tenant base. This Annapolis location offers a thriving market with significant foot traffic and visibility, making it an ideal investment for those seeking a stable and profitable retail asset. The property's size and parking capacity cater to a wide variety of retail businesses, from smaller boutiques to larger anchor tenants. With minimal vacancy, this property represents a low-risk, high-reward investment opportunity in a prime Annapolis location. The address is easily accessible from major roadways, enhancing its appeal to both local and regional customers. This is a rare opportunity to acquire a well-established and highly sought-after retail center in a dynamic market.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1963
    Construction BRICK
    Total area 135,032 SF
    Lot 7.52 ac (327,615 SF)
    Zoning code TC
    APN 02-000-12414000
    UPID US40-1220559
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Altec Industries Inc Big Box & Wholesale Store Building Supply
    • Banner Pharmacaps Inc Pharmacy
    • Church & Dwight Co Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • GNC (Bike/Boat/Book/etc) Store Pharmacy
    • Jupiter Medical Center Inc Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.25M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.06M
    Owner & transaction history
    Avalon Beacon Square LLC · 3 yrs held
    Avalon Beacon Square LLC
    since 2022
    Last sale
    $3.0M
    5 recorded transactions
    2022
    2022
    $27.0M
    2022
    $3.0M
    2003
    1999
    $11.8M
    Zoning & alternative use
    TC · Annapolis, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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