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    543-575 Ritchie Hwy Severna Park, MD 21146

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    For Lease
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    Neighborhood shopping center anchored by Giant, Kohl's, Office Depot, Petco.

    Property size:
    2,004 SF
    Lot size:
    20.58 Acres

    Property Features for 543-575 Ritchie Hwy

    General Information

    Size
    2,004 SF
    Lot size
    20.58 Acres

    Source: Saul Centers, Inc. Agent Janet McCarthy

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

    Overview

    Retail Space in Severna Park

    Severna Park Marketplace is a 254,011 square foot neighborhood shopping center. Anchor tenants include a Giant grocery store, Kohl's department store, Office Depot, and Petco. The property is located on Ritchie Highway (Route 2) at the intersection of McKinsey Road in Severna Park, an affluent community in Anne Arundel County, Maryland. Available retail space is 2,004 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Severna Park
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5451137
    Latitude
    39.0779195

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    FAQs

    What type of property is this?
    Shopping mall - Neighborhood shopping center anchored by Giant, Kohl's, Office Depot, Petco.
    Where is this shopping mall located?
    The property is located at 543-575 Ritchie Hwy Severna Park, MD.
    What are key features of this property?
    This property features: - Anchored by Giant, Kohl's, Office Depot, and Petco, providing strong and diverse customer traffic.; - Located in the affluent community of Severna Park, ensuring a strong customer base.; - Positioned on Ritchie Highway (Route 2), offering high visibility and accessibility.
    (301) 986-6202
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    543-575 Ritchie Hwy Severna Park, MD 21146
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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
    543-575 Ritchie Hwy Severna Park, MD 21146
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