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    Property profile & analytics

    7167 Ritchie Hwy Glen Burnie, MD 21061-2903

    • Auto shops
    • 19,587 SF
    • 2.67 lot acres
    OFF-MARKET
    Value Estimation
    $5,520,000
    Last Sale
    Sep 13, 2022
    $5,750,000
    Location Intelligence
    Property ID
    US40-1286341
    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

    • Safford Brown Toyota Glen Burnie / Toyota Dealer / Car Dealer
    • Safford Brown Toyota Glen Burnie Service / Auto Repair Shop
    • Brown's Toyota of Glen Burnie Parts / Auto Parts Store

    Property Details for 7167 Ritchie Hwy

    Year built
    2002
    Construction
    BRICK
    Lot size
    2.67 lot acres
    Property size
    19,587 SF
    Zone code
    C4
    Property type
    Auto shops
    APN
    05-326-07266525
    APU
    532607266525

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,155,000
      6.5%
      $5,765,000
      7%
      $5,755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,545,000
      Geo Method
      $5,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,160,000
      Retail
      $6,300,000
      Mixed-Use
      $5,935,000
      Hospitality
      $4,915,000
      Educational
      $5,205,000
      Residential Income
      $4,790,000
      Energy
      $6,440,000
      Income-Based Land
      $5,715,000
      Food Service
      $5,955,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Burnie
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.6158
    Latitude
    39.1755
    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
    $44,406
    $0.00
    $0.00
    $4,066,467
    -
    $1,902,300
    $2,367,300
    $4,269,600

    Comparable in this City

    • Value Estimation by Request
      15,076 SF

      910 Stewart Ave

      AUTO REPAIR, GARAGE • 15,076 SF
      910 Stewart Ave, Glen Burnie, MD 21061-3361
      View Details
    • Value Estimation by Request
      8,470 SF

      622 Crain N Hwy

      AUTO REPAIR, GARAGE • 8,470 SF
      622 Crain N Hwy, Glen Burnie, MD 21061-3044
      View Details
    • Value Estimation by Request
      4,115 SF

      425 Crain S Hwy

      AUTO REPAIR, GARAGE • 4,115 SF
      425 Crain S Hwy, Glen Burnie, MD 21061-3644
      View Details
    • Value Estimation by Request
      4,320 SF

      434 Crain N Hwy

      AUTO REPAIR, GARAGE • 4,320 SF
      434 Crain N Hwy, Glen Burnie, MD 21061-3047
      View Details
    • Value Estimation by Request
      2,403 SF

      7233 Ritchie Hwy

      AUTO REPAIR, GARAGE • 2,403 SF
      7233 Ritchie Hwy, Glen Burnie, MD 21061-3038
      View Details
    • Value Estimation by Request
      2,927 SF

      7145 Ritchie Hwy

      AUTO REPAIR, GARAGE • 2,927 SF
      7145 Ritchie Hwy, Glen Burnie, MD 21061-2903
      View Details

    Similar Nearby for Sale

    • $1,100,000
      5,332 SF

      Glen Burnie Retail/Auto Shop

      Retail space with auto shop, showroom, and six bays.
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      Established Tattoo Studio Business Opportunity

      Turn-key tattoo studio with real estate in prime location.
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      Glen Burnie NNN Lease Property

      NNN leased Walgreens with long-term renewal options and corporate guarantee.
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      Retail Space Available

      Retail space with dedicated entrance and shared parking.
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    Similar Nearby for Lease

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      Retail space available in a busy Glen Burnie shopping center.
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      Retail space with access to major shopping centers.
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    • $600 /Mo

      Retail Space for Lease

      Retail space available for lease in Glen Burnie, Maryland.
      2301 Dorsey Rd, Glen Burnie, MD 21061
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    • Contact for pricing
      4,813 SF

      Glen Burnie Retail Space Available

      Retail spaces available in Glen Burnie, from 1,611 to 4,813 SF.
      6714 Ritchie Hwy, Glen Burnie, MD 21061
      View Details
    • Contact for pricing
      1,321 SF

      Retail Space in Cromwell Business Park

      Retail space for lease in a convenient business park.
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      View Details
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    Glen Burnie, MD 21061-2903
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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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