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    554-564 Ritchie Hwy Severna Park, MD 21146

    For Lease
    Contact for pricing

    Regional shopping center with high visibility and strong traffic.

    Property size:
    1,229 SF
    Lot size:
    20.95 Acres

    Property Features for 554-564 Ritchie Hwy

    General Information

    Size
    1,229 SF
    Lot size
    20.95 Acres

    Source: Continental Realty Corporation Agent Sandra C. King

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

    Overview

    Retail Space in Severna Park

    This regional shopping center is positioned in the heart of Severna Park, offering direct visibility from Ritchie Highway. The location benefits from strong traffic counts and household incomes. Situated at a lit intersection, the center features four access points to Ritchie Highway. The property offers a total gross leasable area of 183,380 square feet and includes a mix of local, regional, and national tenants. Available for rent is a retail space of 1,229 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

    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
    -76.5473167
    Latitude
    39.0773511

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    FAQs

    What type of property is this?
    Strip mall - Regional shopping center with high visibility and strong traffic.
    Where is this strip mall located?
    The property is located at 554-564 Ritchie Hwy Severna Park, MD.
    What are key features of this property?
    This property features: - High visibility from Ritchie Highway.; - Located in the heart of Severna Park.; - Strong traffic count and household incomes.
    (410) 296-4800
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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
    554-564 Ritchie Hwy Severna Park, MD 21146
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