7423 Ritchie Hwy, Glen Burnie, MD 21060
For Sale
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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.
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AAMCO Transmissions & Total Car Care Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Glen Burnie, MDGlen Burnie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.