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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Medical Office Space
7575 Ritchie Hwy, Glen Burnie, MD 21061-3716
Entity Owned
2-yr Hold
Free & Clear
Property ID
US40-0634788
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1959
Construction
BRICK
Total area
8,901 SF
Lot
1 ac (43,560 SF)
Zoning code
C3
APN
05-000-00408900
UPID
US40-0634788
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
-
Vincent Izzi, MD Pediatrician Physician
-
Anil Chopra, MD Physician
-
Dr. Rolando B. Alegado, MD Physician
-
Dr. Paul J. Young-Hyman, MD Physician Medical Clinic
-
Ram Rastogi, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.69M
Owner & transaction history
C&x Gb LLC · 2 yrs held
C&x Gb LLC
since 2023
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
C3 · Glen Burnie, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glen Burnie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Burnie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,150,000
6.5%
$1,985,000
7%
$1,845,000
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.48M (Oct 20 2023)
Last sale anchor
$1.48M
Oct 20 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$189 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,692
Tax year 2023
Assessed value
$1,711,733
Assessed 2023
Previous assessed
$1,711,733
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$700,000
Improvement market value
$1,012,000
Total market value
$1,712,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1959
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
2
Total area
8,901 SF
Lot
1 ac (43,560 SF)
Zoning code
C3
APN
05-000-00408900
UPID
US40-0634788
Jurisdiction
ANNE ARUNDEL
Zoning & alternative use
C3 · Glen Burnie, MD
Zoning C3 · permitted uses
C3 · Glen Burnie, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Burnie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1 ac
Current owner
From public records · entity-resolved
C&x Gb LLC
Entity
Free & Clear · 2 yrs held
Mailing address
17312 W WILLARD RD, POOLESVILLE, MD 20837-2089
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2023
$1,478,375
C&x Gb LLC
A M B Partnership
Deed
—
—
—
Amb Ptshp
—
Deed Of Trust
related
$290,000 · Ram K & Asha Rastogi
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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