5801 Ritchie Hwy, Baltimore, MD 21225-3742
- Medical Office Space
- 15,006 SF
- 0.47 lot acres
Current Use by Public Records
- Family Dental Care / Dental Office
- Baltimore Implant Center / Dental Office
- Dr. Natalie Mercho, DDS / Dental Office
- 24/7 Emergency Services Brooklyn Park MD / Hardware & Home Improvement / General Contractor
- Baltimore Denture Center / Dental Office
Property Details for 5801 Ritchie Hwy
- Year built
- 2006
- Lot size
- 0.47 lot acres
- Zone code
- C3
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 05-693-11764000
- APU
- 569311764000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 21, 2006 | — | Markie Realty LLC | Imanoel,mahrokh | Grant Deed | — |
| Jan 16, 2002 | $450,000 | Mahrokh Imanoel | Enfield Realty INC | Grant Deed | $450k · Javid Hariri |
Description
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, the property sits on a 0.47-acre lot (20,473 square feet) and is zoned C3. The building offers a striking lobby and elevator finishes. With excellent visibility from Ritchie Highway and a convenient cross street at Walton Ave, this location provides easy access and ample parking. The property taxes are $1.08 per square foot. The landlord is offering a significant tenant improvement allowance of up to $100,000 and will manage the build-out process. While ideally suited for medical office use, the landlord will consider other professional office uses. This is a rare opportunity to secure high-visibility office space in a prime Baltimore location with substantial landlord support.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,983,000
- AI Estimate
- $952,000
Market price range: $983k - $4.05MMarket price range: $336k - $1.84M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,180,000 Current use
- WAREHOUSE, STORAGE
- $2,285,000 Change: +5% Conversion: Difficult
- RETAIL STORES
- $2,090,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.6141
- Latitude
- 39.2156
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
