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    FOR SALE
    Auto shops

    7423 Ritchie Hwy, Glen Burnie, MD 21060

    5,332 SF 0.34 ac lot Built 1967
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US40-1034439
    Property summary
    AI-generated overview

    This exceptional retail property, located at 7423 Ritchie Highway in Glen Burnie, Maryland, presents a compelling investment opportunity. The 5,332 square foot building sits on a 0.34-acre lot and is currently leased to an Aamco Total Car Care shop. The property boasts six bays and a spacious retail showroom, ideal for automotive-related businesses or adaptable to other retail uses. Its prime location on busy Ritchie Highway (Route 2) ensures high visibility and convenient access for customers. The property benefits from abundant parking and is situated in the heart of Glen Burnie's retail district, surrounded by densely populated residential areas. Built in 1967, the building is zoned C-3, with auto-related uses grandfathered in. The asking price is $1,100,000, translating to $206.30 per square foot. This property offers a strong combination of location, existing tenancy, and potential for future growth, making it an attractive investment for discerning buyers. The zip code is 21061, and the property is in Anne Arundel County.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1967
    Construction BRICK
    Total area 5,332 SF
    Lot 0.34 ac (14,990 SF)
    Zoning code C3
    APN 05-324-05403780
    UPID US40-1034439
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • AAMCO Transmissions & Total Car Care Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $865k
    Owner & transaction history
    7423 Ritchie Hwy LLC · 1 yrs held
    7423 Ritchie Hwy LLC
    since 2025
    Last sale
    $924,623
    1 recorded transaction
    2025
    $924,623
    Zoning & alternative use
    C3 · Glen Burnie, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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