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    156 Ritchie Hwy Severna Park, MD 21146-1129
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    Property profile & analytics

    156 Ritchie Hwy Severna Park, MD 21146-1129


    • Office buildings
    • 7,888 SF
    • 0.89 lot acres
    Office Space Available For Lease For Lease
    $1,290,000

    Office Space Available For Lease

    Office space available for lease in Severna Park, MD.

    156 Ritchie Hwy, Severna Park, MD 21146
    View Listing
    Property ID
    US40-1390480
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Whitney Carlsen / Physician
    • Dawn Merguerian / Dental Office
    • Trillium Wellness / Gym & Fitness Center / Alternative Medicine Practice
    • Dr. April Ashe / Dental Office
    • Dr. Barry Pickus / Dental Office

    Property Details for 156 Ritchie Hwy

    Year built
    1973
    Construction
    BRICK
    Lot size
    0.89 lot acres
    Property size
    7,888 SF
    Zone code
    C1B
    Property type
    Office buildings
    APN
    03-000-12266250
    APU
    300012266250

    Description

    This exceptional 2,146 square foot office space is ideally situated at 156 Ritchie Highway in Severna Park, Maryland, within Anne Arundel County (zip code 21146). The property is a single-tenant building, offering complete flexibility and privacy for its occupant. Categorized as a Creative Office, Medical Office, and Executive Office space, it presents a versatile solution for a variety of business needs. The entire building is currently vacant, providing immediate occupancy for a new tenant. Its location in Severna Park offers convenient access to major roadways and amenities, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property's size is perfect for a company looking to establish a comfortable and functional workspace without the overhead of a larger building. This is a rare opportunity to secure a well-located, fully available office space in a desirable Maryland market. The building's adaptability to various office configurations allows for customization to suit specific business requirements. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is available for lease.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $985,000
      6.5%
      $910,000
      7%
      $845,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,567,000
      Market price range: $697k - $3.87M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Severna Park
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5664
    Latitude
    39.0996
    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
    $8,146
    $691,200
    $54,800
    $746,000
    -
    $691,200
    $54,800
    $746,000
    View Listing
    More about this property
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