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    Property profile & analytics

    342 Ritchie Hwy Severna Park, MD 21146-1910

    • Strip malls
    • 20,008 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 29, 2021
    Location Intelligence
    Property ID
    US40-1111079
    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

    • Ledo Pizza Severna Park, MD / Pizza Restaurant
    • Vac & Sew Fan & Lite / Vacuum Cleaner Store
    • Poor Boy Steakhouse / Steak House

    Property Details for 342 Ritchie Hwy

    Year built
    1979
    Construction
    BRICK
    Lot size
    1.98 lot acres
    Property size
    20,008 SF
    Zone code
    C1B
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    03-000-29646875
    APU
    300029646875

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Severna Park
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5554
    Latitude
    39.0873
    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
    $40,984
    $1,485,000
    $2,268,100
    $3,753,100
    -
    $1,485,000
    $2,268,100
    $3,753,100

    Comparable in this City

    • Value Estimation by Request
      1,364 SF

      550 Baltimore Annapolis Blvd

      SHOPPING CENTER, STRIP CENTER • 1,364 SF
      550 Baltimore Annapolis Blvd, Severna Park, MD 21146-3818
      View Details
    • Value Estimation by Request
      20,336 SF

      497 Ritchie Hwy

      SHOPPING CENTER, STRIP CENTER • 20,336 SF
      497 Ritchie Hwy, Severna Park, MD 21146-2935
      View Details
    • Value Estimation
      $355,000
      4,600 SF

      51 Mckinsey Rd

      SHOPPING CENTER, STRIP CENTER • 4,600 SF
      51 Mckinsey Rd, Severna Park, MD 21146-3839
      View Details
    • Value Estimation by Request
      29,200 SF

      574 Ritchie Hwy

      SHOPPING CENTER, STRIP CENTER • 29,200 SF
      574 Ritchie Hwy, Severna Park, MD 21146-2951
      View Details
    • Value Estimation by Request
      28,980 SF

      546 Benfield Rd

      SHOPPING CENTER, STRIP CENTER • 28,980 SF
      546 Benfield Rd, Severna Park, MD 21146-2530
      View Details
    • Value Estimation by Request
      11,998 SF

      Baltimore Annapolis Blvd

      SHOPPING CENTER, STRIP CENTER • 11,998 SF
      Baltimore Annapolis Blvd, Severna Park, MD 21146
      View Details

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      McKinsey Park Condo for Sale

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      Ritchie Highway Church/School Opportunity

      Well-maintained property suitable for church, school, or group home.
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      Severna Park Office/Medical Condo Units

      Two contiguous office/medical condo units in Severna Park, MD.
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    Similar Nearby for Lease

    • Contact for pricing
      1,229 SF

      Retail Space in Severna Park

      Regional shopping center with high visibility and strong traffic.
      554-564 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • Contact for pricing
      3,428 SF

      Retail Space on Ritchie Highway

      Retail space with high visibility and strong traffic counts.
      572 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • Contact for pricing
      22,023 SF

      Retail Space on Ritchie Highway

      Shopping center with high visibility on Governor Ritchie Highway.
      450 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • Contact for pricing
      2,004 SF

      Retail Space in Severna Park

      Neighborhood shopping center anchored by Giant, Kohl's, Office Depot, Petco.
      543-575 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • Contact for pricing
      2,840 SF

      Severna Park Regional Shopping Center

      Regional shopping center with high visibility and strong tenant mix.
      550 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • Contact for pricing
      4,050 SF

      Retail Space in Shopping Plaza

      Retail space available in a 77,000 square foot shopping plaza.
      541-587 Baltimore Annapolis Blvd, Severna Park, MD 21146
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      2.7k
    • Avg Time on site
      17 min
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    342 Ritchie Hwy
    Severna Park, MD 21146-1910
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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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