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    Ritchie Highway Commercial Opportunity Title is generated by Realmo AI

    5410 RITCHIE Hwy, Baltimore, MD 21225

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    For Sale
    $899,000

    3200 SF commercial space with parking on Ritchie Highway.

    Type:Commercial
    Property size:
    3,200 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $280/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 9:39 pm

    Property Features for 5410 RITCHIE Hwy

    General Information

    Standard status
    Active
    Size
    3,200 SF
    Lot size
    0.30 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

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    Christopher B Cecil
    Christopher B Cecil

    Listing office RE/MAX 100

    Listing date Mar 11, 2026

    Source Elliman

    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 RE/MAX 100

    HighLights

    • High‑rent potential with up to 3 office suites.
    • Two office suites are already built out.
    • 3200 square feet of total space.
    • Parking for up to 20 vehicles.
    • One suite is a blank canvas for customization.
    • Potential for restaurant or retail use (subject to verification).

    Overview

    This property on Ritchie Highway presents a commercial opportunity with 3200 square feet of space and parking for up to 20 vehicles. It is suitable for office, retail, or restaurant use, subject to verification by the buyer through Anne Arundel County. The property can accommodate up to three office suites. Two suites have been built out, while one remains unfinished, offering a customizable space for a potential tenant.

    Local Financial Insights For Specialty Retail

    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 $73.0k $22.80
    − Vacancy −$4.0k −$1.25
    EGI $68.9k $21.55
    − OpEx −$17.2k −$5.39
    NOI $51.7k $16.16
    3,200 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $738.7K
    $646.4K – $861.8K (±1% cap)
    NOI $51,710 @ 7.0% cap · market cap 5.75%
    Second Best
    Retail
    $647.0K
    $566.2K – $754.9K (±1% cap)
    NOI $45,292 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $766.6K
    $670.8K – $894.4K (±1% cap)
    NOI $53,664 @ 7.0% cap · market cap 5.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr Harjit Singh, ... Physician Dr. Carlos N. ... Physician Your Family Medical ... Medical Clinic Moges Gebremariam Physician Dr. Fer Eren Physician

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Accounting Firm Barber Shop Cafe & Coffee Shop Bakery Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6144
    Latitude
    39.2208

    FAQs

    What type of property is this?
    Office units - 3200 SF commercial space with parking on Ritchie Highway.
    Where is this office units located?
    The property is located at 5410 RITCHIE Hwy Baltimore, MD.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: High‑rent potential with up to 3 office suites.; Two office suites are already built out.; 3200 square feet of total space.
    More about this property
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