331 Ritchie Highway

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331 Ritchie Highway

Severna Park, MD 21146
Asking Price
$325K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.69 acres <ul><li>​Prime Residential Opportunity for Single Family or Townhouse</li><li>​Development Located in the heart of Severna Park</li><li>​Adjacent to Knights of Columbus</li><li>​Close proximity to restaurants and shopping in Severna Park and Millersville</li><li>​Just minutes to I-97</li></ul>

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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928

Location & Travel Times