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6730 Ritchie Highway
Glen Burnie, MD 21061

  • $1,425,000
  • STATUS: Active
  • ON SITE: 189 days
  • ID#: AA9764817
UPDATED: 63 min ago
$1,425,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $264
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Fully occupied 3-unit 5,400 SF retail strip on a .48 acre corner lot surrounded by many national retailers like Walmart, Target, & Best Buy. 40,200+ vehicles per day. Net Operating Income is $90,000+ and rents are below market rate. Great Future Upside. Do Not Disturb Tenants.



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-22T23:15:35.963.

LoCoMusings: 571-233-5495
www.locomusings.com/homes/66524592

6730 Ritchie Highway Glen Burnie, MD 21061

  • Price: $1,425,000
  • Status: Active
  • Updated: 63 min ago
  • ID#: AA9764817
0
Beds
0
Baths
0
½ Baths
0.48
Acres
5,400
SQFT
$264
$/SQFT
1950
Built
Neighborhood:
Glenmore
County:
Anne Arundel
Area:
Anne Arundel
Property Description
Fully occupied 3-unit 5,400 SF retail strip on a .48 acre corner lot surrounded by many national retailers like Walmart, Target, & Best Buy. 40,200+ vehicles per day. Net Operating Income is $90,000+ and rents are below market rate. Great Future Upside. Do Not Disturb Tenants.
Exterior Features

Parking Private 11+ Spaces Waterfront No

Interior Features

Net Sq Ft 5400.0

Property Features

Assessment Year 2016 Auction No Comm Industrial Type RetailAutomotiveShopping Center County Tax 5413.05 County Tax Payment Freq Annually Election District 5 Expenses 0.0 For Sale Yes Foreclosure No Gross Income 0.0 HOA No Improvement Assessment Amount 199700.0 Improvement Assessment Payment Freq Annually Investment Yes Land Assessment Amount 249100.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 0.0 New Construction No Occupied Yes Ownership Fee Simple Possession Immediate Property Status Existing Refuse Fee 298.0 Sewer Septic Public Sewer Short Sale No Tax Legal Subdivision Glenmore Tax Year 2016 Tenancy 3+ Year Lease(S)Lease Terms Mixed Total Assessment 448800.0 Total Assessment Payment Freq Annually Total Taxes 5711.05 Total Taxes Payment Freq Annually Vacancy Factor 0.0 Vacation Home No Water Public Zoning Code C3

Listing courtesy of Robert Gamzeh of Triple Net Investment Group Llc.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-22T23:15:35.963.

LoCoMusings: 571-233-5495
Dawn Parsons
Realtor
LoCoMusings
540 Fort Evans Road
Leesburg VA, 20176