High-Visibility Industrial
1244 Ritchie Hwy Arnold, MD 21012
1244 Ritchie Hwy, Arnold, MD, 21012
Contact for pricing
For Sale
Contact for pricing
For sale industrial warehouse within Severn Commerce Center, offering high visibility and approximately 2,089 sq. ft. of space.
Property Size2,089 SF
Price / SF$215.41
Days on Market83
Property Features for 1244 Ritchie Hwy
General Information
- Standard status
- Active
- Size
- 2,089 SF
- Property subtype
- Industrial
Listing agency
Friend Commercial Real Estate
Listed by
Yasmin Bannan · License #5009815
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 8:01AM Checked: Jul 21 at 8:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friend Commercial Real Estate
Investment Insights
Based on property information with market context.
This high-visibility industrial warehouse is offered for sale within Severn Commerce Center. The property provides approximately 2,089 sq. ft. and is positioned for strong street-facing presence based on the stated high-visibility characteristic.
Located at 1244 Ritchie Hwy in Arnold, Maryland, the site is part of the Severn Commerce Center business setting, which can support a range of light industrial and warehousing requirements depending on tenant fit and approval.
Additional details such as office buildout, loading configuration, and current condition are not provided in the available information.
Located at 1244 Ritchie Hwy in Arnold, Maryland, the site is part of the Severn Commerce Center business setting, which can support a range of light industrial and warehousing requirements depending on tenant fit and approval.
Additional details such as office buildout, loading configuration, and current condition are not provided in the available information.
Key Highlights
- Industrial warehouse for sale within Severn Commerce Center
- Approximately 2,089 sq. ft. of space
- High‑visibility location within the commerce center
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.5k | $8.40 |
| − Vacancy | −$1.4k | −$0.65 |
| EGI | $16.2k | $7.75 |
| − OpEx | −$2.4k | −$1.16 |
| NOI | $13.8k | $6.59 |
2,089 SF · lease $8.40/SF/yr · vacancy 7.76% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$196.5K
$172.0K – $229.3K
NOI $13,758 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.1K
$534.7K – $712.9K
NOI $42,776 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
R C Colerick ...
Industrial Manufacturer
Amtek Company
Training Center
Mission Martial Arts
Training Center
Thrive Gym - Arnold
Training Center
Yoga TSW
Gym & Fitness Center
FAQs
What type of property is this?
Warehouse - For sale industrial warehouse within Severn Commerce Center, offering high visibility and approximately 2,089 sq. ft. of space.
Where is this warehouse located?
The property is located at 1244 Ritchie Hwy Arnold, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Industrial warehouse for sale within Severn Commerce Center; Approximately 2,089 sq. ft. of space; High‑visibility location within the commerce center
