For Sale
$3,995,000

97 Ritchie HwyPasadena, MD 21122

Prime C3 zoned land, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2.66-acre commercial land parcel presents a compelling redevelopment opportunity in the thriving Pasadena, Maryland market. Located at 97 Ritchie Highway (Route 2), this C3-zoned property boasts high visibility and convenient access to major thoroughfares, including Route 10, Route 100, and Route 695. The asking price is $3,995,000, translating to a land value of $34.50 per square foot. The site currently features a 1,296 square foot single-story metal utility building with a drive-in bay, offering potential for immediate use or future demolition. Two oversized curb cuts/driveways provide ample access from Ritchie Highway, enhancing the property's appeal for a variety of commercial ventures. This prime location and flexible zoning make this an ideal investment for developers seeking a high-impact project in a rapidly growing area. The property's strategic positioning ensures excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Pasadena market. This is a rare opportunity to acquire a significant commercial land holding in a desirable location with significant development potential. The existing building provides flexibility for short-term use while long-term plans are developed.

Highlights

  • $3,995,000 asking price.
  • 2.66-acre commercial land parcel.
  • C3 zoning.
  • $34.50/SF land value.
  • Located at 97 Ritchie Hwy, Pasadena, MD 21122, with easy access to Routes 10, 100, and 695.

Property Details for 97 Ritchie Hwy

Property type
Land
Lot Size (sq. ft)
115,870 SF

Location Insight

City
Pasadena
County
Anne Arundel
State
Maryland
Latitude
39.103262146492
Longitude
-76.568919722631
97 Ritchie Hwy, Pasadena, Maryland

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97 Ritchie Hwy
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