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Chesapeake Professional Center 1300 Ritchie Hwy 11,872 SF 90% Leased Office Building Arnold, MD 21012 $4,000,000 ($336.93/SF)

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INVESTMENT HIGHLIGHTS

  • 8.17 acres with access to Richie Hwy and backs up to B&A Blvd
  • Major renovations needed internally
  • Currently zoned R-1 with non-conforming use for medical office
  • Some of the highest valued real estate in Anne Arundel County

EXECUTIVE SUMMARY

Unrivalled parcel of land with direct access along Ritchie Hwy, one of Anne Arundel Counties busiest roadways and connecting back the Baltimore Annapolis Blvd, 1300 Ritchie Hwy is one of the largest, single parceled land remaining on Ritchie Hwy. Historically holding a sanctuary of secluded office space, the land is prime for a modernization or complete development.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
11,872 SF
Building Class
C
Year Built
1973
Price
$4,000,000
Price Per SF
$336.93
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,872 SF
Building FAR
0.04
Lot Size
7.00 AC
Zoning
R1 - with non-conforming use for Medical Office
Parking
70 Spaces (2.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Annapolis Acupuncture
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -

Farmers Insurance is a reciprocally structured insurance group co-founded in 1928 and headquartered in Woodland Hills, California. It delivers a diverse range of personal and commercial insurance solutions, including auto, homeowners, life, business, and specialty coverages. Farmers operates through the Farmers Insurance Exchange and associated reciprocal exchanges, with management services provided by Farmers Group, Inc., a subsidiary of Zurich Insurance Group. As a privately held reciprocal group, it serves millions of policyholders via a network of exclusive and independent agents. The company has evolved through strategic acquisitions, including Bristol West and 21st Century, and has been publicly recognized in industry rankings for agency distribution growth.

  • Maryland Disc Institute Arnold LLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

With a 95% satisfaction rate, New Day Vitality patients are experiencing new beginnings! Natural bio-identical hormone replacement with pellet therapy can make the difference between feeling and acting old and living a strong and vital life! Data supports that hormone replacement therapy (with pellet implants) is the most effective and most bio-identical method to deliver hormones in both men and women. Implants, placed under the skin in your hip area, consistently release small, physiologic doses of hormones which provide optimal therapy.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Annapolis Acupuncture Health Care and Social Assistance - - -
Finance and Insurance - - -
Maryland Disc Institute Arnold LLC Professional, Scientific, and Technical Services - - -
Health Care and Social Assistance - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Suite B
  • 1,200 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste Suite B 1,200 SF Office - Now

1st Fl-Ste Suite B

Size
1,200 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-000-21110808
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,381,133
  • Listing ID: 36299740

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: 1300 Ritchie Hwy, Arnold, MD 21012

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