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    1244 Ritchie Hwy Arnold, MD 21012

    For Sale
    $475,000

    Flex building with office space, near Annapolis and Chesapeake Bay.

    Property size:
    2,089 SF
    Lot size:
    5.92 Acres

    Property Features for 1244 Ritchie Hwy

    General Information

    Size
    2,089 SF
    Lot size
    5.92 Acres

    Source: MacKenzie Commercial Real Estate | Columbia (MD) Agent Hayes Merkert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex Building Near Annapolis

    The property at 1244 Ritchie Highway is a flex building located in Arnold, Maryland, offering convenient access, approximately 10 minutes from Annapolis and the Chesapeake Bay Bridge. The building features electric heating and cooling. It includes a 12-foot drive-in height and is primarily built out as office space. The property offers a total size of 2089 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R C Colerick ... Manufacturer Amtek Company Educational Consultant Mission Martial Arts Martial Arts School Thrive Gym - Arnold Dance School Yoga TSW Yoga Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5192099
    Latitude
    39.045687

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    FAQs

    What type of property is this?
    Flex space - Flex building with office space, near Annapolis and Chesapeake Bay.
    Where is this flex space located?
    The property is located at 1244 Ritchie Hwy Arnold, MD.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Easy access location, just 10 minutes from Annapolis and the Chesapeake Bay Bridge.; - Flex building suitable for various uses.; - Mostly built-out office space.
    (410) 274-1801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1244 Ritchie Hwy Arnold, MD 21012
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