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    FOR LEASE
    Strip malls

    801 Compass Way, Annapolis, MD 21401

    16,494 SF 2.31 ac lot Built 1990
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US40-2373628
    Property summary
    AI-generated overview

    Heritage Harbour Center offers 8,000 square feet of available office space in Anne Arundel County. This Class B, two-story building, constructed in 1990, totals 32,987 square feet and features seven suites, ideal for multiple tenants. The minimum divisible space is 950 square feet, with a maximum contiguous space of 5,500 square feet. Suites 203, 205, and 207 offer contiguous space ranging from approximately 950 to 3,850 square feet. The building boasts ample natural light thanks to expansive window lines. Convenient amenities include a single elevator, common hall bathrooms with granite countertops, and a parking ratio of 3 spaces per 1,000 square feet. The property is zoned OS and is situated in a thriving urban area with convenient access to walking trails. The building is professionally managed and maintained, offering competitive full-service rates and flexible lease terms. Upstairs offices are particularly well-suited for medical and professional businesses. This location provides a blend of accessibility and a desirable work environment. The property is perfect for businesses seeking flexible space options in a well-maintained building with convenient amenities.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1990
    Construction BRICK
    Total area 16,494 SF
    Lot 2.31 ac (100,624 SF)
    Zoning code R2
    APN 02-892-90053442
    UPID US40-2373628
    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
    • Vedasoft Inc (Bike/Boat/Book/etc) Store Corporate Office
    • Smartcomm Llc Medical Laboratory
    • Donaldson & Emerson, Inc. Insurance Agency
    • Bay Capital Mortgage - Billy Patriarca Loan Service Bank
    • Collette Camper: Allstate Insurance Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.44M
    Owner & transaction history
    Ksk Ents LLC · 13 yrs held
    Ksk Ents LLC
    since 2013
    3 recorded transactions
    2013
    2008
    2004
    $2.8M
    Zoning & alternative use
    R2 · Annapolis, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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