Financial
Distress signals
Property profile

692 Ritchie Hwy3b Severna Park, MD 21146

OFF-MARKET
Other office properties
Property ID
US40-1492799
991 SF
Last sale May 2025 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property consists of two contiguous office-condo units located on Ritchie Highway in Severna Park, Maryland, within an office condo park setting. Together, the units provide approximately 1,415 square feet of interior space configured for office and medical-related uses, with shared common characteristics including pylon signage and plentiful on-site parking. Suite 204 contains a large office, storage area, bathroom, conference room, and reception area, while Suite 205 includes

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$300k
Assessed land$180k
Assessed improvement$120k
Effective rate1.09%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$350k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
County average, outlier-cleaned · 316 recorded sales of this use type
Observed band · Q1–Q3$224 – $956
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.0
Tailor Shop9.4
Electrical Service9.3

Location

692 Ritchie Hwy3b Severna Park, MD 21146-3919
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
302 Ritchie, Severna Park, MD 21146-1903 $1,500,000 Sep 2023 2,328 SF
2nd Magothy, Severna Park, MD 21146 $200,000 May 2022 693 SF
7 Riggs, Severna Park, MD 21146-3831 $835,000 Mar 2021 2,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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