Residential Land Development
For Sale
$130,000
Pending
5527 Ritter Ave, Baltimore, MD 21206
Land with completed development plans for townhomes. Cash offers only.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market176
Property Features for 5527 Ritter Ave
General Information
Standard status
Pending
Lot size
0.23 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$2,187
Amenities
Additional Lot(s)
Listing Agency:
EXECUHOME REALTY
(443) 632-3000
Listed By:
DIMITRIOS LYNCH JR. · License #621538
Source:
Corcoran
Added: Feb 14
Changed: Aug 8
Last Checked: Aug 8 at 6:20AM
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 EXECUHOME REALTY
Investment Insights
Based on property information with market context.
This residential land presents a development opportunity with completed subdivision, architectural drawings, a site plan, and plat. The plans detail townhomes that are 20 feet wide, 40 feet long, and 3 stories tall. Each townhome is designed to include 4 bedrooms, 3.5 bathrooms, a master suite, laundry facilities, a garage, and a bonus deck. New construction townhomes of similar size in the area have sold for over $400,000, suggesting a potential sell-out value of $1,600,000. The property is located in Baltimore, MD. The seller has invested over $50,000 in development work. Purchases must be cash or equivalent, with non-contingent contracts.
Key Highlights
- Completed subdivision plans for townhomes, including architectural drawings, site plan, and plat
- Spacious 3‑story townhomes planned with 4 bedrooms, 3.5 bathrooms, master suite, laundry, garage, and bonus deck
- Over $50,000 already invested in development work
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with completed development plans for townhomes. Cash offers only.
Where is this residential land & home lot located?
The property is located at 5527 Ritter Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Completed subdivision plans for townhomes, including architectural drawings, site plan, and plat; Spacious 3‑story townhomes planned with **4 bedrooms, 3.5 bathrooms, master suite, laundry, garage, and bonus deck**; Over $50,000 already invested in development work
