Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7701 2Nd Rd, Unit unit 3 & 4 Nottingham, MD 21236

    View on Map
    Sponsored
    For Lease
    $1,350 /Mo ($1.28 SF/Yr)

    CommercialLease - NOTTINGHAM, MD

    Type:Office
    Lot size:
    0.29 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 15 at 5:06 am

    Property Features for 7701 2Nd Rd

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    10
    Parking features
    Parking Lot
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    1910
    Number of units
    1
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Susan K Parker

    ExecuHome Realty (443) 632-3000

    Listing agent Susan K Parker (443) 632-3000 License #0656751

    Listing date Mar 11, 2026

    MLS# MDBC2154388

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Two Available Offices in Nottingham

    Two office spaces are available for immediate occupancy. Office 3 measures 11 x 10 and features carpeting, a mini-split heat/AC unit, and a window AC unit. The monthly rent for Office 3 is $700 plus utilities. Office 4 is 9 x 8, carpeted, and equipped with a window AC unit. The monthly rent for Office 4 is $650 plus utilities. There is a shared restroom on the second floor. The building has an outside entrance on the side adjacent to Skipjacks Restaurant. The property is located in Nottingham, Maryland.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nottingham
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.51685
    Latitude
    39.36674

    Nearby Similar for Lease

    • $1,400 /Mo
      16,988 SF

      High-Visibility Commercial Space Available

      Prime commercial space with excellent frontage and exposure.
      9403 Belair Rd, Nottingham, MD 21236
      View Details
    • $11,750 /Mo
      10,454 SF

      Prime Retail Space on Belair

      Excellent condition, high-traffic location, ideal for various businesses.
      8711 Belair Rd, Nottingham, MD 21236
      View Details
    • $2,950 /Mo

      Nottingham Office/Retail Suite For Lease

      Highly visible 1,800 SF suite near I-695 and I-95.
      8441 Belair Rd, Nottingham, MD 21236
      View Details
    • $2,000 /Mo
      13,504 SF

      Belair Road Office/Retail Space

      High-visibility 1,360 SF office/retail space on Belair Road.
      9309 Belair Rd Unit, Nottingham, MD 21236
      View Details
    • $2,000 /Mo

      Belair Road Office/Retail Space

      High-visibility 1,360 SF space on Belair Road.
      9309 Belair Rd, Nottingham, MD 21236
      View Details
    • $1,400 /Mo

      High-Visibility Storefront on Belair Road

      Bright, open commercial space ideal for retail or office use.
      9403 Belair Rd, Nottingham, MD 21236
      View Details
    • $1,800 /Mo

      Office/Storage Space Available for Rent

      Flexible office and storage space with immediate occupancy.
      4627 Ridge Rd, Nottingham, MD 21236
      View Details
    • $2,000 /Mo

      Belair Road Office/Retail Space

      1,360 SF ground-level space with high visibility on Belair Road.
      9309 Belair Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing
      1,000 SF

      Two-Story Office Building with Elevator

      Two-story office building featuring updated common areas and individual HVAC.
      8817 Belair Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing
      63,817 SF

      Nottingham Warehouse Space Available

      63,817 sqft warehouse space for rent in Nottingham, MD.
      10001 Franklin Square Dr, Nottingham, MD 21236
      View Details
    • Contact for pricing
      900 SF

      Office Space in Nottingham, MD

      900 SF office space available for rent in Nottingham.
      8838 Belair Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing
      54,121 SF

      Nottingham Warehouse with Office Space

      54,121 SF warehouse with office space for lease.
      5301 Nottingham Dr, Nottingham, MD 21261
      View Details

    FAQs

    What type of property is this?
    Office units - Two office spaces for rent in Nottingham, Maryland.
    Where is this office units located?
    The property is located at 7701 2Nd Rd, Unit unit 3 & 4 Nottingham, MD.
    What is the lease rate?
    The lease rate is $1.28 SF/Yr.
    What are key features of this property?
    This property features: - Immediate occupancy available for two office spaces.; - Affordable rent: $700/month (Office 3) and $650/month (Office 4) + utilities.; - Office 3 includes a mini-split heat/AC unit in addition to a window AC unit.
    (410) 419-8660
    Request Owner's contact information
    7701 2Nd Rd, Unit unit 3 & 4 Nottingham, MD 21236
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7701 2Nd Rd, Unit unit 3 & 4
    Nottingham, MD 21236
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7701 2Nd Rd, Unit unit 3 & 4 Nottingham, MD 21236
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Susan K Parker
    Real Estate License ID: 0656751
    (410) 419-8660 (443) 632-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!