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    Property profile & analytics

    1500 Ritchie Hwy Arnold, MD 21012-2400

    • Retail space
    • 13,367 SF
    • 6.27 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1052174
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Photo / Photo Lab / Photo Shop
    • CVS / Convenience Store / Cosmetics Store
    • CVS Pharmacy / Pharmacy
    • MoneyGram / Money Transfer Service
    • Coinhub Bitcoin ATM Teller / Atm

    Property Details for 1500 Ritchie Hwy

    Year built
    2014
    Construction
    BRICK
    Lot size
    6.27 lot acres
    Property size
    13,367 SF
    Zone code
    C3
    Property type
    Retail space
    APN
    03-000-27605330
    APU
    300027605330

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5036
    Latitude
    39.0275
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $50,386
    $0.00
    $0.00
    $4,614,067
    -
    $3,631,600
    $1,039,700
    $4,671,300

    Comparable in this City

    • Value Estimation by Request
      2,352 SF

      491 College Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 2,352 SF
      491 College Pkwy, Arnold, MD 21012-1858
      View Details
    • Value Estimation
      $405,000
      1,041 SF

      1429 Baltimore Annapolis Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,041 SF
      1429 Baltimore Annapolis Blvd, Arnold, MD 21012-2454
      View Details
    • Value Estimation by Request
      44,680 SF

      1451 Ritchie Hwy

      GROCERY, SUPERMARKET • 44,680 SF
      1451 Ritchie Hwy, Arnold, MD 21012-2557
      View Details
    • Value Estimation by Request
      2,737 SF

      1503 Ritchie Hwy

      FINANCIAL BUILDING • 2,737 SF
      1503 Ritchie Hwy, Arnold, MD 21012
      View Details
    • Value Estimation by Request
      1,750 SF

      1506 Ritchie Hwy

      CONVENIENCE STORE • 1,750 SF
      1506 Ritchie Hwy, Arnold, MD 21012-2400
      View Details
    • Value Estimation by Request
      3,904 SF

      1470 Ritchie Hwy

      FINANCIAL BUILDING • 3,904 SF
      1470 Ritchie Hwy, Arnold, MD 21012-2467
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Dogwood 55+ Mobile Home

      Double wide home in a 55+ community.
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      Specialty property available for sale.
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    Similar Nearby for Lease

    • $36 SF/Yr
      1,600 SF

      Retail Space in Grocery-Anchored Center

      Retail space in a busy, grocery-anchored neighborhood center.
      1238-1298 Bay Dale Dr, Arnold, MD 21012
      View Details
    • $1,500 /Mo

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      View Details
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    1500 Ritchie Hwy
    Arnold, MD 21012-2400
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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
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