Property profile

5801 Ritchie Hwy Baltimore, MD 21225

FOR LEASE
Medical Office Space
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Property ID
US40-0073888
15,006 SF 0.47 ac Built 2006
Last sale Jan 2002·$450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
5801 Ritchie Hwy, Baltimore, MD 21225 For Lease
$15 SF/Yr 7,500 SF available
5801 Ritchie Hwy, Baltimore, MD 21225
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Property summary

AI-generated overview

This three-story, 15,600-square-foot Class B office building at 5801 Ritchie Highway in Baltimore, Maryland, offers exceptional flexibility. Located in Anne Arundel County (zip code 21225), this property boasts 10,400 square feet of vacant space across the second and third floors, divisible into units as small as 2,600 square feet, with a maximum contiguous space of 5,200 square feet per floor. The building features 50 parking spaces, an elevator, and abundant natural light. Built in 2006,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.52M
Effective rate1.09%

Value estimate

· Nov 2026
$1.47M
$1.32M – $1.62M
Submarket $/SF estimate$1.98M
NOI build-up
Gross scheduled income$167k
Vacancy & credit loss−$27k
Operating expenses−$35k
NOI · 695,140.00% cap applied$104k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$145/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$66 – $270

Cap rate analysis

How does the asset earn?
695,140.00%
$104k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
JurisdictionANNE ARUNDEL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.2
Law Firm19.3
Spa & Massage15.8

Location

5801 Ritchie Hwy Baltimore, MD 21225
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
614 Patapsco, Baltimore, MD 21225-1933 $180,000 Mar 2025 1,984 SF
710 Church, Baltimore, MD 21225-3167 $517,000 Mar 2025 2,080 SF
4801 Ritchie, Baltimore, MD 21225-3045 $360,000 Jan 2024 1,485 SF
5400 Ritchie, Baltimore, MD 21225-3443 $2,580,480 Sep 2022 4,256 SF
205 Patapsco, Baltimore, MD 21225-1826 $125,400 Apr 2020 2,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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