Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    363-365 Ritchie Hwy Severna Park, MD 21146

    For Sale
    $2,000,000

    Highly visible 0.29-acre corner retail pad site for sale.

    Lot size:
    1.94 Acres

    Property Features for 363-365 Ritchie Hwy

    General Information

    Lot size
    1.94 Acres

    Source: MacKenzie Commercial Real Estate | Annapolis Agent Virginia "Ginny" Vernick

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

    Overview

    Severna Park Retail Pad Site

    This 0.29-acre corner retail pad site is located at the signalized intersection of Baltimore Annapolis Boulevard and Ritchie Highway (Rt 2) in Severna Park, MD. The site benefits from high visibility, with traffic counts exceeding 80,000 vehicles per day. The C1 zoning allows for a wide variety of uses, and multiple conceptual layouts have been proposed, including options for a day care or drive-thru. The property is situated within densely populated, high-income neighborhoods. Its location is less than 20 minutes south of BWI Airport/I-695 and 20 minutes north of Annapolis, MD.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -76.5540159
    Latitude
    39.0870888

    Nearby Similar for Sale

    • $400,000

      McKinsey Park Condo for Sale

      Two-bedroom condo in 55+ community with enclosed balcony.
      604 Mckinsey Park Dr, Severna Park, MD 21146
      View Details
    • Contact for pricing

      Magothy River Marina Slip

      26' boat slip with marina amenities on Magothy River.
      360 Magothy Rd, Severna Park, MD 21146
      View Details
    • $389,125

      Severna Park Office/Medical Condo Units

      Two contiguous office/medical condo units in Severna Park, MD.
      692 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • $2,500,000

      Ritchie Highway Church/School Opportunity

      Well-maintained property suitable for church, school, or group home.
      335 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • $749,990

      IDLE PINES ROAD Property

      Property at 368 IDLE PINES ROAD, Severna Park, MD 21146
      368 Idle Pne Rd, Severna Park, MD 21146
      View Details
    • $639,900

      Severna Park Specialty Property

      Specialty property available for sale in Severna Park.
      9 Robinson Rd, Severna Park, MD 21146
      View Details

    FAQs

    What type of property is this?
    Commercial land - Highly visible 0.29-acre corner retail pad site for sale.
    Where is this commercial land located?
    The property is located at 363-365 Ritchie Hwy Severna Park, MD.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Highly visible corner retail pad site.; - Located at a signalized intersection with 80,000+ vehicles per day.; - C1 zoning allows for a wide variety of uses, including day care or drive-thru options.
    (410) 974-9336
    Request Owner's contact information
    363-365 Ritchie Hwy Severna Park, MD 21146
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    363-365 Ritchie Hwy
    Severna Park, MD 21146
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    363-365 Ritchie Hwy Severna Park, MD 21146
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.