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Property profile & analytics
OFF-MARKET
Estimated value
$35,170,000
Retail properties & Spaces
7900 Ritchie Hwy, Glen Burnie, MD 21061-4367
Entity Owned
13-yr Hold
Free & Clear
Property ID
US40-1259798
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1987
Construction
STEEL FRAME
Total area
263,410 SF
Lot
14.4 ac (627,264 SF)
Zoning code
C3
APN
03-000-90053017
UPID
US40-1259798
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
by Request
Blend (final)
Blend
$35.17M
Owner & transaction history
Cpg-ms Holdings I LLC · 13 yrs held
Cpg-ms Holdings I LLC
since 2013
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$134 / 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
$51,290
Tax year 2023
Assessed value
$4,696,900
Assessed 2023
Previous assessed
$4,696,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,757,500
Assessed improvement
$939,400
Land market value
$3,757,500
Improvement market value
$939,400
Total market value
$4,696,900
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
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
263,410 SF
Lot
14.4 ac (627,264 SF)
Zoning code
C3
APN
03-000-90053017
UPID
US40-1259798
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
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
14.4 ac
Current owner
From public records · entity-resolved
Cpg-ms Holdings I LLC
Entity
Free & Clear · 13 yrs held
Mailing address
11700 MONTGOMERY RD, BELTSVILLE, MD 20705-1159
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2013
—
Cpg-ms Holdings I LLC
Tkl East LLC
Grant Deed
—
Jun 28, 2011
$3,000,000
213-27 Marley Holdings LLC
Bushnaq Darek S
Grant Deed
related
—
—
—
Cpg-ms Holdings I LLC
—
Deed Of Trust
related
$1,690,000 · Branch Banking & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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