Property profile

703 Giddings Ave 15B3 Annapolis, MD 21401

OFF-MARKET
Office Spaces
Property ID
US40-0720320
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10,000 square foot Class B medical office building, located at 703 Giddings Avenue in Annapolis, Maryland, presents a unique leasing opportunity. Currently, 6,200 square feet of space is available for lease within this single-tenant building. Situated in Anne Arundel County, zip code 21401, this property offers convenient access to major transportation routes and is ideally suited for a variety of medical practices. The building's total square footage is 10,000 square feet, providing ample space for expansion or future growth. The property's classification as a Class B building reflects its well-maintained condition and functional design. The single-tenant occupancy ensures a streamlined and efficient operational environment. This prime location in Annapolis offers a thriving patient base and strong community presence, making it an attractive proposition for medical professionals seeking to establish or expand their practice. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 06-971-90069665
UPID US40-0720320

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
  • Spa & Massage Center Alternative Medicine Practice
  • Insurance Agency
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Physician

Location

703 Giddings Ave, Unit 15B3 Annapolis, MD 21401-1411
Annapolis metro Census 706600 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2015
1 recorded transaction
2015
$260,000

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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