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    Property profile & analytics

    977 Ritchie Hwy Arnold, MD 21012-1804

    • Commercial land
    • 3.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 01, 2020
    $985,000
    Location Intelligence
    Property ID
    US40-1009509
    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

    • Declan Attic Insulation & Air Duct Cleaning / Insulation Contractor

    Property Details for 977 Ritchie Hwy

    Lot size
    3.38 lot acres
    Zone code
    C3
    Property type
    Commercial land
    APN
    03-000-27431800
    APU
    300027431800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5234
    Latitude
    39.0542
    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
    $10,461
    $958,000
    $0.00
    $958,000
    -
    $958,000
    $0.00
    $958,000

    Comparable in this City

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      315 Buena Vis Ave

      VACANT COMMERCIAL LAND
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      1.00 Acre

      Ritchie Hwy

      VACANT COMMERCIAL LAND • 1.00 Acre
      Ritchie Hwy, Arnold, MD 21012
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    • Value Estimation by Request
      0.33 Acres

      1244 Ritchie Hwy

      VACANT COMMERCIAL LAND • 0.33 Acres
      1244 Ritchie Hwy, Arnold, MD 21012-1887
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    • Value Estimation by Request
      0.33 Acres

      1686 Baltimore Annapolis Blvd

      VACANT COMMERCIAL LAND • 0.33 Acres
      1686 Baltimore Annapolis Blvd, Arnold, MD 21012-2542
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    • Value Estimation by Request

      241 Peninsula Farm Rd

      VACANT COMMERCIAL LAND
      241 Peninsula Farm Rd, Arnold, MD 21012-1052
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Approved for Car Wash

      3.38 acre site approved for car wash.
      977 Ritchie Hwy, Arnold, MD 21012
      View Details
    • $105,000
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      Ritchie Highway Land For Sale

      Land with potential in a convenient location.
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    • $105,000

      Land for Customization in Arnold

      19,514 sq ft lot with customization potential.
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    • New
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      1.26-acre lot with potential for subdivision and multiple homes.
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      Waterfront Community Land Opportunity

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      Land in Arnold, Maryland

      One-acre building lot in a convenient, private location.
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    Similar Nearby for Lease

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    977 Ritchie Hwy
    Arnold, MD 21012-1804
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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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