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2047 Herndon Drive
Annapolis, MD 21401
Asking Price
$850K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.74 acres Public Water Sewer Available 25,000 Vehicles Daily Ideal for Professional Office Building, Townhome or an Apartment Building Contiguous with 2045 Herndon (also for Sale) for a Total of 90,000 SF High Density R-22 Zoning, with Alternate C-4 use, Allowing Commercial/Retail uses such as Convenience Stores
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
