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Financial
Distress signals
Property profile

363 Ritchie Hwy Severna Park, MD 21146

OFF-MARKET
Grocery and convenience stores
Property ID
US40-1808208
972 SF 1.65 ac lot Built 1994
Last sale Apr 2024 · $1,685,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 0.29-acre commercial land parcel configured as a corner retail pad site and zoned C1. The zoning permits a broad range of commercial uses, and conceptual planning has been developed to support configurations such as daycare and drive-through facilities. The site is located at a signalized intersection on Baltimore Annapolis Boulevard and Ritchie Highway (Rt 2) and is positioned to provide major roadway access, with reported traffic exposure exceeding 80,000 vehicles per day.…

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.

Debts

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?
$13k
Tax billed · 2023
Assessed value$1.21M
Assessed land$1.17M
Assessed improvement$39k
Effective rate1.09%

Value estimate

· Oct 2026
$1.69M
$1.52M – $1.85M
AI approach$1.69M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$414/SF
County average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$243 – $662
Qualifying comparables6

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?
C1
uplex, triplex, fourplex, multiplex; and for multifamily none if all setbacks are increased by one foot for each two feet of height in ex...
General categoryCOMMERCIAL
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop22.2
Auto Repair Shop19.9
Building Supply18.9

Location

363 Ritchie Hwy Severna Park, MD 21146-1909
County assessor Recorded deeds · 5 transfers 6 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

5 recorded sales · 9 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 Jumpers Hole, Severna Park, MD 21146-2609 $2,353,000 May 2024 3,832 SF
540 Benfield, Severna Park, MD 21146-2542 $21,000,000 Aug 2021 46,896 SF
500 Ritchie, Severna Park, MD 21146-2954 $5,375,000 Jul 2021 22,696 SF
906 Ritchie, Severna Park, MD 21146-4123 $2,950,000 Apr 2020 3,535 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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