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BESTGATE RD 2045 Herndon Dr 960 SF 100% Leased Industrial Building Annapolis, MD 21401 $1,350,000 ($1,406.25/SF)

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INVESTMENT HIGHLIGHTS

  • Rare Annapolis C4 zoning inside city limits
  • Small Office Building - some recent renovations
  • Potential uses include contractor yard, service business, equipment rental, redevelopment
  • Great location - located near DC, BWI, Eastern Shore, and Baltimore
  • Fenced Yard area - Plenty of parking and storage
  • Within a 5 minute drive from great restaurants, malls, and Luminis Medical Center

EXECUTIVE SUMMARY

An outstanding opportunity for land and office investors! This prime C4 property offers high visibility and is set on 1.28 acres, featuring a fenced yard with most of the area cleared, plus an office building. Ideal for contractors, commercial services, or storage businesses, the property is perfectly positioned in the rapidly growing Annapolis area. With a wide range of potential uses, it’s a lucrative investment for those seeking a versatile space.
C4 - Highway Commercial District
This District is generally intended for larger scale auto-oriented retail and service businesses along or near major traffic routes that serve local and regional residents as well as the traveling public. In addition to most commercial uses found in the C3 zone, automobile, truck, recreational vehicle and boat sales, rental and major repair facilities may be located in this District. Minimum lot size is 10,000 square feet. Maximum lot coverage by structures and parking is 85%. Maximum Floor Area Ratio is 1.0. Maximum height is 60 feet based on minimum setbacks and can increase to 72 feet provided setbacks are increased as per formula.
** Interior access restricted: Tenant will not allow entry to fenced area/building until a non-binding LOI is submitted and approved.

PROPERTY FACTS

Price $1,350,000
Price Per SF $1,406.25
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • General Retail Veterinarian Kennel
  • Showroom
Building Class C
Lot Size 1.28 AC
Rentable Building Area 960 SF
No. Stories 1
Year Built 1967
Parking Ratio 10/1,000 SF
Zoning C4 - C4 is generally intended for larger scale auto-oriented retail and service businesses along or near near major traffic routes.

AMENITIES

  • Signage

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-000-01454400
Land Assessment
$754,000
Improvements Assessment
$1,000
Total Assessment
$755,000
  • Listing ID: 34569699

  • Date on Market: 6/18/2020

  • Last Updated:

  • Address: 2045 Herndon Dr, Annapolis, MD 21401

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