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    8070 Ritchie Hwy Pasadena, MD 21122-1085
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    Property profile & analytics

    8070 Ritchie Hwy, Pasadena, MD 21122-1085

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    • Community centers
    • 303,626 SF
    • 20.88 lot acres
    Off-Market
    Last Sale Dec 9, 2021
    $69,000,000
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 8070 Ritchie Hwy

    Construction
    BRICK
    Lot size
    20.88 lot acres
    Zone code
    C3
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    03-445-15902501
    APU
    344515902501

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 9, 2021 $69,000,000 Paramount Crossroads At Pasadena Ll Svap II Pasadena Crossroads LLC Special Warranty Deed $48.3M · Provident Bank
    Jun 19, 2019 — Svap II Pasadena Crossroads Ll — Grant Deed · related $45M · Keybank USA
    Aug 6, 2010 — Pasadena Crossroads LLC Pasadena Crossroads LLC Quit Claim Deed · related —
    Oct 3, 2008 — Five Pumphreys Ptshp LLC Pumphrey Louis E JR Quit Claim Deed —
    Oct 3, 2008 $2,570,740 Arundel Property Investors Five Pumphreys Ptshp LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $80,430,000
      6.5%
      $74,240,000
      7%
      $68,940,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $71,770,000
      Current use
      MEDICAL BUILDING
      $111,180,000
      Change: +55% Conversion: Difficult
      WAREHOUSE, STORAGE
      $101,250,000
      Change: +41% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    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
    More about this property
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