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    Property profile & analytics

    8070 Ritchie Hwy Pasadena, MD 21122-1085

    • Community centers
    • 303,626 SF
    • 20.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 09, 2021
    $69,000,000
    Location Intelligence
    Property ID
    US40-1732236
    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

    • Community centers

    Property Details for 8070 Ritchie Hwy

    Construction
    BRICK
    Lot size
    20.88 lot acres
    Property size
    303,626 SF
    Zone code
    C3
    Property type
    Community centers
    APN
    03-445-15902501
    APU
    344515902501

    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
    -76.5921
    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
    $164,656
    $0.00
    $0.00
    $15,078,433
    -
    $8,352,000
    $7,556,200
    $15,908,200

    Comparable in this City

    • Value Estimation by Request
      44,314 SF

      8567 Ft Smallwood Rd

      MINI-MALL • 44,314 SF
      8567 Ft Smallwood Rd, Pasadena, MD 21122-2631
      View Details
    • Value Estimation by Request
      21,750 SF

      8125 Ritchie Hwy

      MINI-MALL • 21,750 SF
      8125 Ritchie Hwy, Pasadena, MD 21122-6925
      View Details
    • Value Estimation
      $7,565,000
      209,143 SF

      8139 Ritchie Hwy

      MINI-MALL • 209,143 SF
      8139 Ritchie Hwy, Pasadena, MD 21122-6919
      View Details
    • Value Estimation by Request
      5,000 SF

      8495 Ft Smallwood Rd

      MINI-MALL • 5,000 SF
      8495 Ft Smallwood Rd, Pasadena, MD 21122-2739
      View Details
    • Value Estimation by Request
      56,927 SF

      Magothy Bch Rd

      MINI-MALL • 56,927 SF
      Magothy Bch Rd, Pasadena, MD 21122
      View Details
    • Value Estimation by Request
      9,943 SF

      4191 Mtn Rd

      MINI-MALL • 9,943 SF
      4191 Mtn Rd, Pasadena, MD 21122-4455
      View Details

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    Similar Nearby for Lease

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      Retail spaces available in Pasadena, Maryland shopping center.
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    • $20 SF/Yr
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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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