1750 Forest DrAnnapolis, MD 21401

Property Details for 1750 Forest Dr

Year built

1982

Construction

BRICK

Lot size

8.18 AC

Property size (Sq ft)

84,000 SF

Property type

Office buildings

APN

06-000-07674002

APU

600007674002

Description

This exceptional Class A office building, located at 1750 Forest Drive in Annapolis, Maryland, offers a prime opportunity for businesses seeking modern, efficient workspace. The two-story building boasts a total of 125,000 square feet, with 44,280 square feet currently vacant and available for lease. Spaces range from a minimum of 3,176 square feet to a maximum contiguous space of 14,732 square feet, making it suitable for a variety of business sizes and needs. The building features a striking two-story glass atrium, creating a bright and welcoming atmosphere. Amenities include building-wide Wi-Fi, a convenient Grab and Go Cafe, bike-friendly facilities with showers, attractive outdoor spaces, and an interactive kiosk for tenant convenience. Ample free parking is also provided. Situated in Anne Arundel County, this property enjoys a highly convenient location near US Route 50 and I-97, providing easy access for employees and clients. Public transportation is also readily available. This is an ideal location for innovative companies seeking a sophisticated and well-appointed office environment in Annapolis, Maryland, zip code 21401. The building is designed to accommodate multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $13,848,444

  6.5%

  $12,783,179

  7%

  $11,870,095

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,870,309

  Geo Method

  $5,284,440

• Alternative Use

  Use

  Valuation

  Residential

  $15,851,142

  Hospitality

  $14,519,561

  Educational

  $12,080,104

  Medical

  $12,495,558

  Retail

  $18,791,274

Location Insight

City

Annapolis

County

Anne Arundel

State

Maryland

Latitude

38.9785

Longitude

-76.5381

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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