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    Property profile & analytics

    8070 Ritchie Hwy Pasadena, MD 21122-1085

    • Banks
    • 1,681 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 09, 2021
    $69,000,000
    Location Intelligence
    Property ID
    US40-1002323
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 8070 Ritchie Hwy

    Year built
    1975
    Construction
    BRICK
    Lot size
    0.70 lot acres
    Property size
    1,681 SF
    Zone code
    C3
    Property type
    Banks
    APN
    03-445-15902503
    APU
    344515902503

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5906
    Latitude
    39.1262
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,778
    $627,300
    $268,100
    $895,400
    -
    $627,300
    $268,100
    $895,400

    Comparable in this City

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      8108 Jumpers Hole Rd

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      8553 Ft Smallwood Rd

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      3,872 SF

      8055 Jumpers Hole Rd

      FINANCIAL BUILDING • 3,872 SF
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      4,007 SF

      125 Mtn Rd

      FINANCIAL BUILDING • 4,007 SF
      125 Mtn Rd, Pasadena, MD 21122-1009
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    • Value Estimation by Request
      2,606 SF

      4001 Mtn Rd

      FINANCIAL BUILDING • 2,606 SF
      4001 Mtn Rd, Pasadena, MD 21122-4431
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Commercial Building on Ritchie Highway

      5,500+/- SF commercial building on Ritchie Highway in Pasadena, MD.
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      Commercial property with high visibility, multiple offices, and ample parking.
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      Turnkey Auto Repair Shop For Sale

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      Pasadena Mixed-Use Property - Prime Location

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    Similar Nearby for Lease

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      4,000 SF

      Retail Space For Lease

      Retail spaces available in Pasadena, Maryland shopping center.
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    • $24 SF/Yr
      820 SF

      Renovated Retail/Office Space Available

      Recently renovated 820 SF retail/office space with high visibility.
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      950 SF

      Retail Space Available in Pasadena

      Retail spaces available near Ritchie Highway and Jumpers Hole Road.
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      1,222 SF

      Retail Space For Lease

      1,222 SF retail space available with excellent visibility.
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    • $20 SF/Yr
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      Pasadena Commercial Space For Lease

      3,640 SF commercial space in Pasadena, MD for lease.
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    • Contact for pricing
      2,014 SF

      Renovated Office, Retail, Medical Building

      Three-story building with office, retail, and medical space for rent.
      8030 Ritchie Hwy, Pasadena, MD 21122
      View Details
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    8070 Ritchie Hwy
    Pasadena, MD 21122-1085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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