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    Property profile & analytics

    5924 Ritchie Hwy Baltimore, MD 21225-3754

    • Auto shops
    • 2,580 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,270,000
    Last Sale
    Oct 21, 2022
    $1,320,000
    Location Intelligence
    Property ID
    US40-1142868
    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

    • Extreme Exhaust & Mufflers Inc / Muffler Shop
    • WALTER AUTO DETAIL / Car Detailing Service

    Property Details for 5924 Ritchie Hwy

    Year built
    1966
    Construction
    BRICK
    Lot size
    0.10 lot acres
    Property size
    2,580 SF
    Zone code
    C4
    Property type
    Auto shops
    APN
    05-001-04971370
    APU
    500104971370

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,185,000
      6.5%
      $1,280,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,195,000
      Geo Method
      $1,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,150,000
      Retail
      $1,130,000
      Mixed-Use
      $1,165,000
      Hospitality
      $1,300,000
      Educational
      $1,205,000
      Residential Income
      $1,160,000
      Energy
      $1,440,000
      Income-Based Land
      $1,085,000
      Food Service
      $1,175,000

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6176
    Latitude
    39.2114
    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
    $2,956
    $0.00
    $0.00
    $270,667
    -
    $190,000
    $85,800
    $275,800

    Comparable in this City

    • Value Estimation by Request
      810 SF

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      5647 Belle Grv Rd, Brooklyn Park, MD 21225-3369
      View Details
    • Value Estimation
      $730,000
      9,571 SF

      3530 Hanover St

      AUTO REPAIR, GARAGE • 9,571 SF
      3530 Hanover St, Baltimore, MD 21225-1732
      View Details
    • Value Estimation
      $290,000
      2,275 SF

      1014 Patapsco Ave

      AUTO REPAIR, GARAGE • 2,275 SF
      1014 Patapsco Ave, Baltimore, MD 21225-2229
      View Details
    • Value Estimation by Request
      6,000 SF

      B O Brg

      AUTO REPAIR, GARAGE • 6,000 SF
      B O Brg, Baltimore, MD 21225
      View Details
    • Value Estimation by Request
      1,674 SF

      842 Patapsco Ave

      AUTO REPAIR, GARAGE • 1,674 SF
      842 Patapsco Ave, Baltimore, MD 21225-1946
      View Details
    • Value Estimation
      $580,000
      6,175 SF

      715 Chesapeake Ave

      AUTO REPAIR, GARAGE • 6,175 SF
      715 Chesapeake Ave, Baltimore, MD 21225
      View Details

    Similar Nearby for Sale

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      High Visibility Commercial Property

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    Similar Nearby for Lease

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      Retail Space on Ritchie Highway

      Retail space with roadside visibility near I-695 and I-895.
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    • Contact for pricing
      28,056 SF

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      Retail property with excellent visibility in the Brooklyn Park trade area.
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    • $1,700 /Mo
      1,500 SF

      Prime Retail Location For Rent

      Retail storefronts with basement available for rent in Brooklyn.
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      51,120 SF

      Brooklyn Warehouse and Distribution Space

      51,120 SF warehouse with convenient highway access.
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    • $2,000 /Mo
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      View Details
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    Baltimore, MD 21225-3754
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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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