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    OFF-MARKET
    Commercial real estate

    371 Ritchie Hwy, Severna Park, MD 21146

    0.78 ac lot
    Property ID
    US40-0339869
    Property summary
    AI-generated overview

    This 0.78-acre commercial land parcel presents a unique investment opportunity in Anne Arundel County. Situated on a signalized corner at the intersection of Baltimore Annapolis Boulevard and Ritchie Highway, this property boasts exceptional visibility and accessibility. Currently zoned C3, it offers significant potential for various commercial uses. While any existing building on the site is unusable, the expansive lot size is ideal for a parking lot serving nearby businesses or as a development site for a new commercial structure. The high traffic count of this major intersection ensures substantial exposure for any business established here. The single-tenant designation provides flexibility for development or lease arrangements. This prime location in Anne Arundel County offers easy access to major transportation routes, making it an attractive option for businesses seeking a high-traffic, visible location. The 0.78 acres provide ample space for a variety of commercial ventures, from parking facilities to new construction. Serious inquiries are encouraged to explore the possibilities of this strategically located commercial land. The property's location at the intersection of two major roadways offers unparalleled visibility and accessibility, making it an ideal location for a variety of commercial uses. Given its zoning and location, this property represents a compelling investment opportunity for developers and businesses alike.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.78 ac (33,977 SF)
    UPID US40-0339869
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Chambers Home Improvement Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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