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

    1369 Brass Mill Rd Belcamp, MD

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex/R&D space near Aberdeen Proving Ground and Bel Air.

    Type:FLEX_R_AND_D
    Property size:
    2,700 SF
    Lot size:
    7.92 Acres
    Added:
    Oct 12, 2022
    Days on Market:
    1299
    Last Refresh:
    Apr 5 at 10:16 pm

    Property Features for 1369 Brass Mill Rd

    General Information

    Standard status
    Active
    Size
    2,700 SF
    Lot size
    7.92 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 1369 Brass Mill Rd Contact us

    We can help!

    Listing Contact
    Michael Tait

    Listing agent Michael Tait

    Listing office St. John Properties - Corporate

    Listing date Oct 12, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of St. John Properties - Corporate

    Overview

    Flex Space Near Aberdeen Proving

    Riverside Corporate Center, situated off Philadelphia Road (MD Rt. 7) near Aberdeen Proving Ground and Bel Air, offers convenient access to I-95. This 8-acre Harford County business community features over 74,800 square feet of flex/R&D space. The construction is brick on block, with a ceiling height of 16 feet. Parking is available at a ratio of 4 spaces per 1,000 square feet. The zoning is C-1. One available space offers 1,599 square feet of warehouse area, three private offices, a meeting room, and two dock doors.
    Location Intelligence

    Current Use by Public Records

    Butterkrust Baking Co Bakery Contemporary Business Interiors, ... Furniture & Home Goods

    Suggested Use

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

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

    Similar Places Nearby

    • River Watch — 4690 Millennium Dr, Belcamp, MD 21017

    Location Insight

    • Map
    • Local Demand
    City
    Belcamp
    County
    Harford
    State
    Maryland
    Longitude
    -76.2381
    Latitude
    39.4763

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      MD, Belcamp - Millennium Dr

      4690 Millennium Dr, Unit 3RD, Belcamp, MD 21017
      View Details
    • Contact for pricing

      Belcamp Office Space Available

      5,200 SF office space in Belcamp, Maryland.
      103 Bata Boulevard, Belcamp, MD 21017
      View Details
    • Contact for pricing

      Belcamp Office Space Available

      Office space for lease in Belcamp, Maryland.
      1200 Brass Mill Road, Belcamp, MD 21017
      View Details
    • $24 SF/Yr

      Class A Office Space Available

      Class A office space for lease in Belcamp, Maryland.
      4692 Millennium Dr, Belcamp, MD
      View Details
    • Contact for pricing

      Millennium Drive Commercial Property

      Commercial property available for rent on Millennium Drive.
      4692, 4694, & 4696 Millennium Drive Belcamp, MD 21017
      View Details
    • $20 SF/Yr

      Belcamp Office Space For Rent

      Office space available for lease in Belcamp, Maryland.
      1250 Brass Mill Rd, Belcamp, MD
      View Details
    • $20 SF/Yr

      Retail Space in Belcamp, MD

      7874 SF retail space available for lease.
      4698 Riverside Pkwy, Belcamp, MD
      View Details
    • $10 SF/Yr

      Belcamp Warehouse Space Available

      41,000 SF warehouse space for lease in Belcamp, MD.
      4610 Mercedes Dr, Belcamp, MD
      View Details
    • Contact for pricing

      Belcamp Warehouse Space Available

      400,000 sqft warehouse/distribution space for lease in Belcamp, MD.
      1351 Brass Mill Road, Belcamp, MD, 21017
      View Details
    • Contact for pricing

      Flex Space Near Aberdeen Proving

      Flex/R&D space near Aberdeen Proving Ground and Bel Air.
      1371 Brass Mill Rd, Belcamp, MD
      View Details
    • $15 SF/Yr

      Belcamp Office Space Available

      Office space for lease in Belcamp, Maryland.
      1200 Brass Mill Rd, Belcamp, MD
      View Details
    • $24 SF/Yr

      Class A Office Space Available

      Class A office space with waterfront views near Aberdeen Proving.
      4696 Millennium Dr, Belcamp, MD
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/R&D space near Aberdeen Proving Ground and Bel Air.
    Where is this flex space located?
    The property is located at 1369 Brass Mill Rd Belcamp, MD.
    What are key features of this property?
    This property features: Easy access to I‑95 and proximity to Aberdeen Proving Ground and Bel Air.; 74,800 sq. ft. flex/R&D space in an 8‑acre Harford County business community.; Includes 1,599 sq. ft. warehouse, 3 private offices, and a meeting room.
    (410) 788-0100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Tait
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    1369 Brass Mill Rd, Belcamp, MD

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!