Annapolis · Commercial sale

PRII SL Annapolis Propco buys 1935 Generals Hwy in Annapolis for $47.2 million

A commercial property at 1935 Generals Hwy, Annapolis sold for $47,200,000 on September 15, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 1935 Generals Hwy, Annapolis with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Anne Arundel County Assessor. The photo can predate the sale.
Sale price
$47,200,000
Sold
September 15, 2026
Property type
Commercial property
Building area
194,155 sq ft
Price per sq ft
$243
Year built
2018

The $47,200,000 sale was 15.5 times the previous recorded sale of $3,037,500 in 2016, according to Maryland Department of Assessments and Taxation property records.

The commercial property at 1935 Generals Hwy in Annapolis sold on September 15, 2026. The record lists Brightview Annapolis LLC as seller and PRII SL Annapolis Propco LLC as buyer.

Assessor’s records show 194,155 square feet of building area, a 6.69-acre lot and a build year of 2018. The price was $243 per square foot. The market value on record is $51,574,400.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Anne Arundel County?

By our estimate, the seller's two largest charges, not counting prorations, were $354,000 for the county transfer tax (Anne Arundel County) and $165,200 for the recordation tax (Anne Arundel County). Who pays what follows Anne Arundel County custom.

How much did the seller net?

By our estimate, the seller netted about $46,457,849. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $47,840,459 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

1935 Generals Hwy, Annapolis, MD.

Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 42705-0269. Property details: Anne Arundel County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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