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    585-597 Ordnance Rd Glen Burnie, MD 21060

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available in prime location.

    Lot size:
    6,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Ordnance Plaza, a 375,000 square foot power center in Glen Burnie, Maryland, presents a compelling retail investment opportunity. This single-story, 1991-built property boasts a prominent location on Route 10, south of I-695, and benefits from its proximity to two substantial office/industrial parks. The center features a strong tenant mix, anchored by national retailers Costco and Home Depot, and includes other established businesses such as Planet Fitness, PetSmart, and West Marine. Currently, there is space available ranging from 6,510 to 15,000 contiguous square feet, with a minimum divisible space of 12,000 square feet. The property offers ample parking with 2,811 spaces to accommodate customers and employees. Situated in Anne Arundel County, at 585-597 Ordnance Road, Glen Burnie, MD 21060, this power center provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The high traffic volume generated by the anchor tenants and the surrounding commercial activity creates a strong potential for success. This is a rare opportunity to secure retail space in a well-established and thriving power center.

    Property Features for 585-597 Ordnance Rd

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,510 SF

    Building Details

    Year Built
    1991
    Stories
    1

    Unit(s) available at that property

    Space
    Former LL Flooring
    Size
    6,510 SF

    HighLights

    • 375,000 SF power center in Glen Burnie, MD.
    • Prominent Route 10 location, south of I‑695, near two large office/industrial parks.
    • Anchored by Costco and Home Depot, with tenants including Planet Fitness, PetSmart, and West Marine.
    • Available space from 6,510 to 15,000 SF (minimum divisible 12,000 SF).
    • 2,811 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Power centers

    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
    Glen Burnie
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.598336870899
    Latitude
    39.196554879377

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    FAQs

    What type of property is this?
    Power center - High-traffic retail space available in prime location.
    Where is this power center located?
    The property is located at 585-597 Ordnance Rd Glen Burnie, MD.
    What are key features of this property?
    This property features: 375,000 SF power center in Glen Burnie, MD.; Prominent Route 10 location, south of I-695, near two large office/industrial parks.; Anchored by Costco and Home Depot, with tenants including Planet Fitness, PetSmart, and West Marine.
    Request Owner's contact information
    585-597 Ordnance Rd Glen Burnie, MD 21060
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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
    585-597 Ordnance Rd Glen Burnie, MD 21060
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