Property profile & analytics
156 Ritchie Hwy Severna Park, MD 21146-1129
- Office buildings
- 7,888 SF
- 0.89 lot acres
OFF-MARKET
Value Estimations
$1,290,000
Show details
Cap Rate Potential
Location Intelligence
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.
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 valuation — 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
