Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9111 Belair Rd Nottingham, MD 21236

    Sponsored
    For Sale
    $950,000

    Commercial Sale - NOTTINGHAM, MD

    Type:Retail
    Lot size:
    0.35 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 18 at 2:06 am

    Property Features for 9111 Belair Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    20
    Parking features
    On Street
    Lot size
    0.35 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1995
    Number of units
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Martin A Saunders

    Advance Realty, Inc. (410) 256-8700

    Listing agent Martin A Saunders (410) 256-8700

    Listing date Feb 17, 2026

    MLS# MDBC2150362

    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

    Retail/Office Investment in Nottingham

    This two-level retail/office building is strategically located near the intersection of Bel Air Road and E. Joppa Road in Nottingham. The corner property offers exposure along two major thoroughfares, with signage on both Bel Air Road and E. Joppa Road. The property is 100% leased and income-producing. It is a freestanding building with no shared walls, located at a signalized intersection with strong traffic counts. Two building signs and on-site parking are available. The property is located in an excellent retail corridor, directly across from McDonald's and KFC. The location benefits from national retail co-tenancy and consumer traffic. The lot size is 0.35 acres. There are four units. The location's demographics include an approximate population of 18,000, over 7,000 households, and an average household income of $98,000. This property is suited for investors seeking a stabilized retail/office asset in a high-visibility Baltimore County corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nottingham
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.47754
    Latitude
    39.40072

    Nearby Similar for Sale

    • $1,849,000
      0.24 Acres

      Prime Retail Space on Belair

      Excellent condition, high-traffic location, ideal for diverse businesses.
      8711 Belair Rd, Nottingham, MD 21236
      View Details
    • $3,300,000

      Commercial Building with Development Potential

      Commercial building with two residential properties and high-traffic location.
      7703 Belair Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing
      1,735 SF

      Spacious Townhouse in Nottingham

      Comfortable townhouse with convenient location, close to schools and shopping.
      8530 Castlemill Cir, Nottingham, MD 21236
      View Details
    • $219,900

      Updated Condo in Red Fox Farms

      Updated 2-bedroom, 2-bath condo with new features and balcony.
      49 Bridle Ln, Nottingham, MD 21236
      View Details
    • $199,900
      1,062 SF

      Top-Floor Condo with Cathedral Ceilings

      Move-in ready condo featuring cathedral ceilings, sunroom, and private balcony.
      55 Laurel Path Ct, Nottingham, MD 21236
      View Details
    • $275,000

      Nottingham Religious Facility For Sale

      Religious facility available for sale in Nottingham, Maryland.
      25 Stillwood Cir, Nottingham, MD 21236
      View Details
    • $315,000

      Nottingham Specialty Property for Sale

      Specialty property available for purchase in Nottingham, Maryland.
      58 Stone Park Pl, Nottingham, MD 21236
      View Details
    • $439,900

      Gunhill Circle Specialty Property

      Specialty property available for sale in Nottingham, Maryland.
      9544 Gunhill Cir, Nottingham, MD 21236
      View Details
    • $799,990

      Specialty Property for Sale

      Specialty property available for purchase.
      4010 Milner Rd, Nottingham, MD 21236
      View Details
    • $445,000

      Oakfalls Way Specialty Property

      Specialty property available for sale in Nottingham, Maryland.
      3726 Oakfalls Way, Nottingham, MD 21236
      View Details
    • $475,000

      Specialty Property for Sale

      Specialty property available for purchase.
      3746 Proctor Ln, Nottingham, MD 21236
      View Details
    • $325,000

      Specialty Property for Sale

      Specialty property available for purchase.
      4402 Cole Farm Rd, Nottingham, MD 21236
      View Details

    FAQs

    What type of property is this?
    Specialty property - Two-level retail/office building in a prime Nottingham location.
    Where is this specialty property located?
    The property is located at 9111 Belair Rd Nottingham, MD.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - 100% Leased - Stabilized income-producing asset; - Prime Nottingham Location near Bel Air Road and E. Joppa Road signalized intersection; - Freestanding Building with no shared walls
    (443) 271-4100
    Request Owner's contact information
    9111 Belair Rd 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.
    9111 Belair Rd
    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
    9111 Belair Rd 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
    Martin A Saunders
    (443) 271-4100 (410) 256-8700
    Learn more
    Google sign-in failed. Please try again or use another login method.