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    8230 Ritchie Hwy Pasadena, MD 21122

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    For Sale
    $2,150,000

    5,500+/- SF commercial building on Ritchie Highway in Pasadena, MD.

    Property size:
    5,500 SF
    Lot size:
    0.53 Acres

    Property Features for 8230 Ritchie Hwy

    General Information

    Size
    5,500 SF
    Lot size
    0.53 Acres

    Source: Douglas Commercial Agent Scott Douglas

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

    Overview

    Commercial Building on Ritchie Highway

    This commercial building, offering 5,500+/- square feet, is located on Ritchie Highway (MD-2) in Pasadena. The property benefits from high visibility and accessibility within a business corridor. The space is scheduled to be vacant and available for occupancy in March.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    Pasadena
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5826343
    Latitude
    39.1174793

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    FAQs

    What type of property is this?
    Storefront property - 5,500+/- SF commercial building on Ritchie Highway in Pasadena, MD.
    Where is this storefront property located?
    The property is located at 8230 Ritchie Hwy Pasadena, MD.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - Prime commercial property on Ritchie Highway (MD-2); - Boasting a **5,500 +/- SF commercial building**; - High visibility location
    (301) 655-8253
    Request Owner's contact information
    8230 Ritchie Hwy Pasadena, MD 21122
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    Pasadena, MD 21122
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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
    8230 Ritchie Hwy Pasadena, MD 21122
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