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    7423 Ritchie Hwy Glen Burnie, MD 21061

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    For Sale
    $1,100,000

    Retail space with auto shop, showroom, and six bays.

    Property size:
    5,332 SF
    Lot size:
    0.41 Acres

    Property Features for 7423 Ritchie Hwy

    General Information

    Size
    5,332 SF
    Lot size
    0.41 Acres

    Source: Trout Daniel & Associates Agent Rene Daniel

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

    Overview

    Glen Burnie Retail/Auto Shop

    This 5,332 square foot retail space is situated on 0.34 acres in Glen Burnie, Maryland. The property is currently leased as an AAMCO shop and features six bays and a large retail showroom. The location is conveniently located and highly visible on Gov. Ritchie Highway (Rt. 2) in the heart of Glen Burnie's retail district, contiguous to densely populated residential areas. There is abundant parking available. The property is zoned C-3, with auto-related uses grandfathered, making it suitable for various automotive and retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    AAMCO Transmissions & Total ... Transmission Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Citgo, Glen Burnie Xtreme Auto Repair, Gore New and Used Tires, Jose's New & Used Tires LLC, Main Ave Car Care

    Location Insight

    • Map
    • Local Demand
    City
    Glen Burnie
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6219316
    Latitude
    39.1643369

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    FAQs

    What type of property is this?
    Auto shop - Retail space with auto shop, showroom, and six bays.
    Where is this auto shop located?
    The property is located at 7423 Ritchie Hwy Glen Burnie, MD.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High-visibility location on Gov. Ritchie Highway (Rt. 2) in Glen Burnie's retail district; - Currently leased as an AAMCO shop, providing immediate income; - Six (6) service bays, ideal for automotive-related business
    (410) 435-4004
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    7423 Ritchie Hwy Glen Burnie, MD 21061
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    Glen Burnie, MD 21061
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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
    7423 Ritchie Hwy Glen Burnie, MD 21061
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