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Property profile & analytics
OFF-MARKET
Estimated value
$15,965,000
Retail properties & Spaces
7900 Ritchie Hwy, Glen Burnie, MD 21061-4367
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0525716
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Construction
STEEL FRAME
Total area
197,446 SF
Lot
10.12 ac (440,827 SF)
Zoning code
C3
APN
03-000-90097917
UPID
US40-0525716
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
-
Hot Topic Clothing Store Fashion Accessories Store
-
Marley Station Mall Shopping Center & Mall
-
Cherish The Premium Gift Wrapping Service LLC (Bike/Boat/Book/etc) Store
-
Macy's eSpot Kiosk (Bike/Boat/Book/etc) Store
-
Gold & Diamond Jewelers (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.56M
Blend (final)
Blend
$15.97M
Owner & transaction history
Marley Station Realty LLC · 4 yrs held
Marley Station Realty LLC
since 2022
Last sale
$17.0M
7 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
$16,300,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.97M
Range $14.37M – $17.56M · ±10% · vs last sale $17.00M (Jun 23 2022)
Last sale anchor
$17.00M
Jun 23 2022
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
$81 / 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
$22,932
Tax year 2023
Assessed value
$2,100,000
Assessed 2023
Previous assessed
$3,020,700
-30.5% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,417,400
Assessed improvement
$682,600
Land market value
$1,417,400
Improvement market value
$682,600
Total market value
$2,100,000
Applied tax rate
3.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
197,446 SF
Lot
10.12 ac (440,827 SF)
Zoning code
C3
APN
03-000-90097917
UPID
US40-0525716
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
1996
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
10.12 ac
Current owner
From public records · entity-resolved
Marley Station Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3333 BEVERLY RD169A, HOFFMAN ESTATES, IL 60179-0001
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
$17,000,000
Marley Station Realty LLC
Yam Marley Station Mall LLC
Special Warranty Deed
—
Oct 22, 2021
$10,500,000
Yam Marley Station Mall LLC
Marley Station Mall LLC
Trustees Deed
related
—
Oct 20, 2021
—
Transform Operating Stores LLC
—
Deed
related
$75,000,000 · Cantos Fitzgerald Securities
Nov 25, 2020
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$500,000,000 · Jpp LLC
Mar 16, 2020
—
Transform Operating Stores LLC
—
Deed
related
$250,000,000 · Cantor Fitzgerald Securities
Feb 20, 2020
$8,500,000
Gl Harris
Marley Station Mall LLC
Deed In Lieu Of Foreclosure
related
—
Dec 3, 2019
—
Marley Station Mall LLC
—
Grant Deed
related
$1,356,481 · Shirazi LLC
Nov 5, 2019
—
Transform Operating Stores LLC
—
Deed
related
$4,735,500 · Cantor Fitzgerald Securities
Dec 27, 2018
—
Marley Station Mall LLC
—
Deed
related
$500,000 · Shirazi LLC
Jun 13, 2018
—
Marley Station Mall LLC
—
Grant Deed
related
$15,600,000 · Yam Cap III LLC
Jan 13, 2014
$25,200,000
Bacm 2005-3 Ritchie Hwy LLC
Bushnaq Darek S
Trustees Deed
related
—
Oct 10, 2003
—
Tkl East LLC
—
Deed Of Trust
related
$75,000,000 · Morgan Stanley Mtg Capital INC
—
—
Marley Station Mall LLC
—
Deed Of Trust
related
$500,000 · Shirazi LLC
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$4,735,500 · Cantor Fitzgerald Securities
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$250,000,000 · Cantor Fitzgerald Securities
—
—
Transform Operating Stores LLC
—
Deed Of Trust
related
$250,000,000 · Cantor Fitzgerald Securities
—
—
Tkl East LLC
—
Deed Of Trust
related
—
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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