Property profile

7124 Ritchie Hwy Glen Burnie, MD 21061

OFF-MARKET
Grocery and convenience stores
Property ID
US40-0460686
4,119 SF 0.9 ac lot Built 2012
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2012
Construction BRICK
Total area 4,119 SF
Lot 0.9 ac (39,000 SF)
Zoning code C3
APN 05-326-12861765
UPID US40-0460686

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering
  • Atm
  • Atm

Location

7124 Ritchie Hwy Glen Burnie, MD 21061-2904
Glen Burnie metro Census 750900 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2013
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
2013
Price N/A
2013
Price N/A
2012
$4.4M
2010
$900,000

Zoning & alternative use

C3 · Glen Burnie, MD
Top alternative use upside
Auto repair, garage $1.8M +79.9%
Retail stores $1.7M +75.3%
Medical building $1.5M +54.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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