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    OFF-MARKET
    Auto shops

    8249 Ritchie Hwy, Pasadena, MD 21122-3929

    1,798 SF 0.79 ac lot Built 1973
    Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US40-1564051
    Property summary
    AI-generated overview

    This exceptional retail space, located at 8249 Ritchie Highway in Pasadena, Maryland, offers a fantastic opportunity for a single-tenant business. The property boasts a total building size of 3,392 square feet, with 1,000 square feet currently available for lease. Situated in Anne Arundel County, zip code 21122, this prime location benefits from high visibility and convenient access for customers. The property is zoned C1B, allowing for a variety of commercial uses. The building's existing infrastructure provides a solid foundation for a new tenant to quickly establish their business. With its strategic location on Ritchie Highway and ample space, this property presents a compelling opportunity for growth and success. The address is easily accessible and benefits from high traffic volume, ensuring maximum exposure for your business. The 1,000 square feet of vacant space offers flexibility for customization to meet your specific business needs. This is an ideal location for a variety of retail businesses seeking a prominent presence in a thriving community. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Contact us today to schedule a viewing and learn more about this remarkable retail space.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1973
    Construction BRICK
    Total area 1,798 SF
    Lot 0.79 ac (34,238 SF)
    Zoning code C1B
    APN 03-000-06274553
    UPID US40-1564051
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ashton Two LLC · 16 yrs held
    Ashton Two LLC
    since 2009
    4 recorded transactions
    2009
    $50,000
    1969
    1969
    1969
    Zoning & alternative use
    C1B · Pasadena, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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