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1500 Ritchie Hwy, Arnold, MD 21012

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Adam Armstrong
Phone Number: 858.295.8280
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Anamaria Endara
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Site Name
1500 Ritchie Hwy, Arnold, Md 21012
Current Infrastructure
Data Accuracy
0.000
SiteID #
482806
Modified Date
Site Description

1500 Ritchie Hwy, Arnold, Md 21012 is a Retail property with a cell tower antenna structure. The site offers a 273121 sqft lot area and has a Anne Arundel County APN # of 3-000-27605330. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
1500 Ritchie Hwy, Arnold, Md 21012
County of Record
Anne Arundel County
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
3-000-27605330
Metro Area (MSA)
Baltimore-Columbia-Towson, Md
FIPS Code
24,003
Census Tract
24,003,730,800
Zoning
C3

Census Data

The property located at 1500 Ritchie Hwy is situated in Anne Arundel County, Maryland and has a block FIPS # of 240037308001025. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 240037308001025
County FIPS: 24003
County Name: Anne Arundel County
State FIPS: 24
State Name: Maryland
Block Population (2020): 463
AMT: AMT002
BEA: BEA013
BTA: BTA029
CMA: CMA014
EAG: EAG702
IVM: IVM014
MEA: MEA005
MTA: MTA010
PEA: PEA005
REA: REA002
RPC: RPC002
VPC: VPC002
Lot Area
273,121.00sq. ft.
# of Buildings
1
Building Area
13,367sq. ft.
Total Units
1
Stories
1
Year Built
2,014
Year Renovated
2,014
Technology & Infrastructure

Utility Information

Utility Company: Baltimore Gas & Electric Co
Company ID: 1167
Residential Rate: $0.1065 /kWh
Commerical Rate: $0.0391 /kWh
Industrial Rate: $0.0206 /kWh
{ "status": 1 , "walkscore": 52 , "description": "Somewhat Walkable" , "updated": "2024-03-01 03:08:05.830416" , "logo_url": "https://cdn.walk.sc/images/api-logo.png" , "more_info_icon": "https://cdn.walk.sc/images/api-more-info.gif" , "more_info_link": "https://www.redfin.com/how-walk-score-works" , "ws_link": "https://www.walkscore.com/score/loc/lat=39.026807/lng=-76.503053/?utm_source=sitebid.com&utm_medium=ws_api&utm_campaign=ws_api" , "help_link": "https://www.redfin.com/how-walk-score-works" , "snapped_lat": 39.0270 , "snapped_lon": -76.5030 }
Walk Score Logo
52
Somewhat Walkable

Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Cap Rate Range (%)
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Sale Value Range ($)
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Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Market Lease Comparables
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Estimated Utility Lease Rates

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Note: This lease rate estimate incorporates public and user-submitted data into SiteBid’s proprietary formula, also taking into account lease facts, location and market trends.

Estimated Utility Lease Sale Valuation

Note: This doesn't include the value of the real estate and is only based on the lease rights an a recorded utility easement. The amount of the lease buyout depends on the rent being received under the existing lease, the tenant quality, the terms of the lease, the neighborhood location (including traffic counts and population), the duration of the period for which our investor has the right to collect rent, and a number of other variables that make up our risk assessment.

Request a free site valuation and no obligation cash offer.

Infrastructure Investors are actively purchasing fee simple real estate, leases and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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