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    5801 Ritchie Hwy Baltimore, MD 21225

    Sponsored
    For Lease
    $15 SF/Yr ($19,500 /Mo)

    Versatile Office Suites, Baltimore, MD

    Lot size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This three-story, 15,600-square-foot Class B office building at 5801 Ritchie Highway in Baltimore, Maryland, offers exceptional flexibility. Located in Anne Arundel County (zip code 21225), this property boasts 10,400 square feet of vacant space across the second and third floors, divisible into units as small as 2,600 square feet, with a maximum contiguous space of 5,200 square feet per floor. The building features 50 parking spaces, an elevator, and abundant natural light. Built in 2006, the property sits on a 0.47-acre lot (20,473 square feet) and is zoned C3. The building offers a striking lobby and elevator finishes. With excellent visibility from Ritchie Highway and a convenient cross street at Walton Ave, this location provides easy access and ample parking. The property taxes are $1.08 per square foot. The landlord is offering a significant tenant improvement allowance of up to $100,000 and will manage the build-out process. While ideally suited for medical office use, the landlord will consider other professional office uses. This is a rare opportunity to secure high-visibility office space in a prime Baltimore location with substantial landlord support.

    Property Features for 5801 Ritchie Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,600 SF
    Class
    B
    Total Rate
    19500

    Building Details

    Year Built
    2006
    Stories
    3

    Unit(s) available at that property

    Space
    Second Floor: Suite B
    Size
    10,000 SF
    Rate per SF
    $15
    Space
    Second Floor: Suite A
    Size
    10,000 SF
    Rate per SF
    $15
    Space
    Third Floor: Suite B
    Size
    10,000 SF
    Rate per SF
    $15
    Space
    Third Floor: Suite A
    Size
    10,000 SF
    Rate per SF
    $15

    HighLights

    • 15,600 SF Class B office building in Baltimore, MD (zip code 21225).
    • 10,400 SF of vacant space available, divisible to 2,600 SF units, with a maximum of 5,200 SF contiguous space per floor.
    • 50 parking spaces, elevator, and abundant natural light.
    • Located on a 0.47‑acre lot, zoned C3, with excellent visibility from Ritchie Highway.
    • $100,000 tenant improvement allowance and landlord‑managed build‑out.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dental Care Dentist Baltimore Implant Center Cosmetic Dentist Dr. Natalie Mercho, ... Dentist 24/7 Emergency Services ... Repair Service Baltimore Denture Center Denture Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6139681
    Latitude
    39.2155005

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    FAQs

    What type of property is this?
    Office space - Versatile Office Suites, Baltimore, MD
    Where is this office space located?
    The property is located at 5801 Ritchie Hwy Baltimore, MD.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 15,600 SF Class B office building in Baltimore, MD (zip code 21225).; 10,400 SF of vacant space available, divisible to 2,600 SF units, with a maximum of 5,200 SF contiguous space per floor.; 50 parking spaces, elevator, and abundant natural light.
    Request Owner's contact information
    5801 Ritchie Hwy Baltimore, MD 21225
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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
    5801 Ritchie Hwy Baltimore, MD 21225
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