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    Property profile & analytics

    Ritchie Hwy Severna Park, MD 21146

    • Commercial land
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 07, 2022
    $13,405,000
    Location Intelligence
    Property ID
    US40-1874885
    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

    • Commercial land

    Property Details for Ritchie Hwy

    Lot size
    0.04 lot acres
    Zone code
    R2
    Property type
    Commercial land
    APN
    03-507-90238201
    APU
    350790238201

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Severna Park
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5515
    Latitude
    39.088
    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
    $97
    $8,900
    $0.00
    $8,900
    -
    $8,900
    $0.00
    $8,900

    Comparable in this City

    • Value Estimation by Request
      3.77 Acres

      Earleigh Hts Rd

      VACANT COMMERCIAL LAND • 3.77 Acres
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    • Value Estimation by Request
      0.10 Acres

      Mnr Rd

      VACANT COMMERCIAL LAND • 0.10 Acres
      Mnr Rd, Severna Park, MD 21146
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    • Value Estimation by Request
      0.10 Acres

      676 Ritchie Hwy

      VACANT COMMERCIAL LAND • 0.10 Acres
      676 Ritchie Hwy, Severna Park, MD 21146-3919
      View Details
    • Value Estimation by Request
      3.34 Acres

      479 Jumpers Hole Rd

      VACANT COMMERCIAL LAND • 3.34 Acres
      479 Jumpers Hole Rd, Severna Park, MD 21146-1600
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    • Value Estimation by Request
      0.80 Acres

      461 Asbury Dr

      VACANT COMMERCIAL LAND • 0.80 Acres
      461 Asbury Dr, Severna Park, MD 21146-1373
      View Details
    • Value Estimation by Request
      5.25 Acres

      Ritchie Hwy

      VACANT COMMERCIAL LAND • 5.25 Acres
      Ritchie Hwy, Severna Park, MD 21146
      View Details

    Similar Nearby for Sale

    • $2,000,000

      Severna Park Retail Pad Site

      Highly visible 0.29-acre corner retail pad site for sale.
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      Ritchie Highway Land Opportunity

      Residential land for sale in Severna Park, Maryland.
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      McKinsey Park Condo for Sale

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      Ritchie Highway Church/School Opportunity

      Well-maintained property suitable for church, school, or group home.
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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Retail Space in Severna Park

      2000 SF retail space available for rent.
      548-596 Benfield Rd, Severna Park, MD 21146
      View Details
    • $23 SF/Yr
      824 SF

      Severna Park Office Space Available

      Office space for rent in Severna Park, Maryland.
      650 Ritchie Hwy, Severna Park, MD 21146
      View Details
    • $699,000
      888 SF

      Severna Park Office Space Available

      Office space for sale in the heart of Severna Park.
      645 Baltimore Annapolis Blvd, Severna Park, MD 21146
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    • Contact for pricing
      2,840 SF

      Severna Park Regional Shopping Center

      Regional shopping center with high visibility and strong tenant mix.
      550 Ritchie Hwy, Severna Park, MD 21146
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    • Contact for pricing
      22,023 SF

      Retail Space on Ritchie Highway

      Shopping center with high visibility on Governor Ritchie Highway.
      450 Ritchie Hwy, Severna Park, MD 21146
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    • Contact for pricing
      1,702 SF

      Retail Space in Severna Park

      Retail space available for lease in Severna Park, MD.
      489 Ritchie Hwy, Severna Park, MD 21146
      View Details
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    Ritchie Hwy
    Severna Park, MD 21146
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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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