

Listed by Hyatt Commercial
$1,650,000
1503 Forest Drive
Details
Property Type Retail, Office
Sub Type Commercial, Medical Office
Stories 3
Acreage 1.070
Zoning B2
Parking Spaces 70 spaces
Retail
Marketing description
± 1.07 acres retail/office site next to annapolis middle school Fully approved, permit ready-to-be-built 3 story office building approved plans in-hand for up to 22,000 sf office / retail building ± 2,400 sf up to ± 22,600 sf, ± 3,780 sf first floor retail, all permits & plans in-hand, retail/ office/ medical, ± 70 planned surface spaces
Construction-ready commercial building offering approximately ±18,900 sf across three floors. The first floor provides ±3,780 sf ideal for retail use, while the second and third floors each offer ±7,560 sf suitable for office or medical users. The property features strong visibility along forest drive and spa road with signalized access, approved plans, and permits in hand. Good for office, day care, food, retail, and medical.
Investment highlights
- Excellent frontage on both Forest Drive and Spa Road
- Entry & exit to traffic signal at Forest Drive & Spa Road
- Easy access to Route 50 & I-97
- Minutes away from Historic Downtown Annapolis
- Good for office, day care, food, retail and medical
Listing Contacts


Listed by Hyatt Commercial
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?













