185 Admiral Cochrane DrAnnapolis, MD 21401

  • Office buildings
  • 132,000 SF
For Lease
$26/SF/YR View listing

Property Details for 185 Admiral Cochrane Dr

Year built
1981
Construction
BRICK
Lot size
5.55 AC
Property size (Sq ft)
132,000 SF
Zone code
W1B
Property type
Office buildings
APN
02-000-00211203
APU
200000211203

Description

This exceptional executive office space at 185 Admiral Cochrane Drive in Annapolis, Maryland offers multiple suites ranging from 1,652 to 11,401 square feet within a 134,517 square foot building. Currently, 1,652 square feet is immediately available. The building, renovated in 2009, features upgraded common areas with impressive 14-foot ceilings and abundant natural light from large windows. Tenants enjoy exclusive access to a fitness facility complete with showers and a convenient self-serve café. The property's prime location provides easy access to major roadways including Route 50, I-97, and Fort Meade, simplifying commutes. Nearby hotels and shopping plazas enhance work-life balance. Located in Anne Arundel County (zip code 21401), this property offers exceptional service and value under local institutional ownership. The building is situated at 38.9735181 latitude and -76.548191 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,758,814
    6.5%
    $20,085,058
    7%
    $18,650,412
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,653,754
    Geo Method
    $8,304,120
  • Alternative Use

    Use
    Valuation
    Residential
    $24,905,472
    Hospitality
    $22,813,280
    Educational
    $18,980,380
    Medical
    $19,633,144
    Retail
    $29,525,036
185 Admiral Cochrane Dr, Annapolis, Maryland

Location Insight

City
Annapolis
County
Anne Arundel
State
Maryland
Latitude
38.9733
Longitude
-76.5485
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$200,628
$5,827,500
$12,545,000
$18,372,500
-
$5,827,500
$12,545,000
$18,372,500

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