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    Property profile & analytics
    OFF-MARKET Estimated value $5,660,000
    Warehouses

    300 Legion Ave, Annapolis, MD 21401-4139

    21,375 SF 1.1 ac lot Built 1974
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US40-1732527
    Property summary
    AI-generated overview

    This exceptional Annapolis property, located at 300 Legion Ave, 21401, offers a unique blend of warehouse and flex space, perfect for a variety of businesses. Situated in Anne Arundel County, Maryland, this single-building complex provides two available suites, ranging from 1,621 square feet to 3,926 square feet, ideal for multiple tenants. The property's classification as both retail and industrial allows for considerable flexibility in tenant type. Its strategic location provides easy access to Route 50, ensuring excellent accessibility for employees, clients, and deliveries. The property is well-suited for retail, office, or service-oriented businesses seeking a convenient and easily accessible location in Annapolis. The building's design caters to the needs of diverse businesses, offering adaptable spaces to accommodate various operational requirements. This presents a compelling opportunity for businesses looking to establish a strong presence in a thriving Annapolis market. The property's multiple suite configuration allows for scalability and growth potential, making it an attractive option for businesses of all sizes. This prime location in Anne Arundel County offers a blend of convenience and accessibility, making it an ideal choice for businesses seeking a strategic location in the Annapolis area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1974
    Construction BRICK
    Total area 21,375 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code I1
    APN 06-551-06104050
    UPID US40-1732527
    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
    • Dakota Ryan Painting LLC Painting Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.69M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.10M
    Blend (final) Blend
    $5.66M
    Owner & transaction history
    300 Legion Owner LLC · 2 yrs held
    300 Legion Owner LLC
    since 2023
    Last sale
    $5.7M
    4 recorded transactions
    2023
    $5.7M
    2020
    1969
    1969
    Zoning & alternative use
    I1 · Annapolis, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $9.1M +27.6%
    Retail stores $8.9M +24.3%
    Medical building $7.8M +9.8%
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