Annapolis, MD
Commercial Real Estate Market Trends & Data

$416 Avg asking sale price
$78 Avg asking lease rate
5,164 SF Avg unit lease size
24,566 SF Avg building size for sale
11.00% Average cap rate

Annapolis's Demographic Profile

Annapolis has 17,735 households and a median income of $97,334, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 42,954
# Households 17,735
Median age 39
Median household income $97,334
Avg household size 2.0
Renter-occupied housing units 8,388
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Annapolis, MD

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Annapolis $743 12,448 SF
Edgewater $218 8,322 SF
Millersville $821 10,088 SF
Pasadena $821 10,088 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Millersville $82 16,525 SF 7.00%
Pasadena $82 4,950 SF 7.00%
Glen Burnie $82 16,525 SF 7.00%
Bowie $203 43,889 SF 6.44%
Curtis Bay $127 3,341 SF 13.39%

Commercial Properties For Sale in Annapolis

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2976 Solomons Island Rd

Edgewater, MD 21037

  • 2,100 SF Office Building
  • $1,250,000
For Sale

1246 Mayo Rd

Edgewater, MD 21037

  • 4,487 SF Retail Building
  • $1,250,000
For Sale

2981 Solomons Island Rd

Edgewater, MD 21037

  • 3,648 SF Office Building
  • $430,000
For Sale

45 Randall St

Annapolis, MD 21401

  • 240 SF Retail Building
  • $475,000
For Sale

The Brick Companies Center

Edgewater, MD 21037

  • 36,894 SF Office Building
  • $8,000,000
For Sale

110 Defense Hwy

Annapolis, MD 21401

  • 1,794 SF Office Building
  • $995,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Annapolis pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Annapolis $416 24,566 SF
Arnold $246 13,246 SF
Edgewater $306 15,227 SF
Mayo $279 4,487 SF
Gibson Island $1,832 6,599 SF

Regional Demographic Comparison

This comparison places Annapolis alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Annapolis or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Annapolis 42,954 17,735 39 $97,334 2 8,388 3%
Arnold 23,970 8,630 42 $135,755 3 1,241 2%
Edgewater 9,436 3,673 42 $105,465 3 630 2%
Mayo 9,155 3,372 44 $142,141 3 376 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Annapolis, MD and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Annapolis

View All Commercial Real Estate For Sale in Annapolis
Is Annapolis a good market for a first-time commercial real estate investor?

Annapolis offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Annapolis?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Annapolis. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Annapolis?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Annapolis. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Annapolis compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Annapolis. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Annapolis acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Annapolis, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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