Property profile

2901 Riva Trace Pkwy Annapolis, MD 21401

FOR LEASE
Office buildings
Property ID
US40-2352368
5,599 SF 1.14 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant office space, located at 2901 Riva Trace Pkwy in Annapolis, Maryland, offers 1,501 square feet of versatile workspace. The property, built in 1987, is situated on 1.14 acres and features a traditional office layout with a modern feel, suitable for creative office uses as well. The suite boasts a welcoming reception area, a private office for executive use, seven individual cubicles for employees, and two additional flexible spaces that can be adapted to meet various business needs. The space is ideal for a company seeking a comfortable and productive work environment. The convenient location within the Riva Road Corridor provides easy access to major roadways, including Highway 50 and Route 97, ensuring seamless commutes for both employees and clients. The total building size is 5,599 square feet, and this particular suite offers ample space for growth and expansion. On-site amenities include access to tennis courts. This is a rare opportunity to secure a well-maintained, conveniently located office space in a desirable Annapolis location. The property is zoned for retail and office use. The zip code is 21401.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction BRICK
Total area 5,599 SF
Lot 1.14 ac (49,658 SF)
Zoning code R2
APN 02-000-90046521
UPID US40-2352368

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
  • Business Management Consultant
  • Gym & Fitness Center
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency

Location

2901 Riva Trace Pkwy Annapolis, MD 21401
Annapolis metro Census 702402 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.74M
Blend (final) Blend
$2.45M

Owner & transaction history

since 2025
Last sale
$2.1M
6 recorded transactions
2025
$2.1M
2021
$1.8M
2021
Price N/A
2005
$1.9M
2002
$784,000
1969
Price N/A

Zoning & alternative use

R2 · Annapolis, MD
Zoning description

R2-NC (Neighborhood Conservation District). Development Review and Zoning I have my eye on a commercial building for a possible coffee shop but am apprehensive about signing a tenant lease. What should I do? Contact Plan…

General category RESIDENTIAL

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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