Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    1 Barrington Pl Bel Air, MD 21014

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($3,000 /Mo)

    Office space for rent in a convenient Bel Air location.

    Property size:
    2,000 SF
    Lot size:
    1.31 Acres

    Property Features for 1 Barrington Pl

    General Information

    Size
    2,000 SF
    Lot size
    1.31 Acres

    We can help!

    Listing Contact
    Beetle Smith
    Beetle Smith
    Source: Moodyscre

    Listing Agent: Beetle Smith

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

    Learn more

    Property Insight Report

    Overview

    Bel Air Office Space Available

    Located at 1 Barrington Road in Bel Air, One Barrington Place offers office space in a convenient area near downtown Bel Air. Constructed in 2000, the property features on-site parking and the option for fiber optics. The surrounding area provides access to numerous amenities, including restaurants, shops, and banking services. The available space is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bel Air
    County
    Harford
    State
    Maryland
    Longitude
    -76.3285554
    Latitude
    39.5056742

    Nearby Similar for Lease

    • $2,000 /Mo
      14,810 SF

      Renovated Office Space in Bel Air

      Newly renovated office space with open layout and convenient location.
      909 S Main St, Bel Air, MD 21014
      View Details
    • $2,000 /Mo

      Bel Air Office/Medical Suite

      Move-in-ready office/medical suite in the heart of Bel Air.
      602 S Atwood Rd, Bel Air, MD 21014
      View Details
    • $850 /Mo
      57,499 SF

      Office Space Near Bel Air

      Office space for lease with utilities included near Bel Air.
      101 Victory Ln, Bel Air, MD 21014
      View Details
    • $575 /Mo
      9,148 SF

      Bel Air Lower-Level Office Unit

      Versatile office space in a desirable Bel Air location.
      1 Heighe St, Bel Air, MD 21014
      View Details
    • $1,200 /Mo
      57,499 SF

      Office Space Near Bel Air

      Office suites available with utilities included near Bel Air.
      101 Victory Ln, Bel Air, MD 21014
      View Details
    • $575 /Mo
      9,148 SF

      Bel Air Lower-Level Office Unit

      Versatile office space in a desirable Bel Air location.
      1 Heighe St, Bel Air, MD 21014
      View Details
    • $650 /Mo

      Bel Air Office Space Available

      Office space for lease in Bel Air, Maryland.
      3 Vale Rd, Bel Air, MD 21014
      View Details
    • $2,000 /Mo

      Updated Condo in Brentwood Park

      Recently updated 2-bedroom condo with modern amenities and convenient location.
      1002 Jessicas Ct Ct, Bel Air, MD 21014
      View Details
    • $35 SF/Yr
      3,600 SF

      Premium Bel Air Restaurant/Retail Space

      New mixed-use building with premium restaurant/retail space available for lease.
      128 N Bond St, Bel Air, MD 21014
      View Details
    • $3,000 /Mo
      2,544 SF

      Spacious Home in Irwins Choice

      Recently updated 3 bed, 3 bath home with 2-car garage.
      903 Creek Park Rd, Bel Air, MD 21014
      View Details
    • Contact for pricing
      22,448 SF

      Prime Retail Location in Bel Air

      Modern retail space with high visibility and ample parking.
      2108 Emmorton Rd, Bel Air, MD 21015
      View Details
    • Contact for pricing
      1,626 SF

      Well-Located Bel Air Office Space

      Class B office space near shopping and major routes.
      2107-2109 Laurel Bush Rd, Bel Air, MD 21015
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for rent in a convenient Bel Air location.
    Where is this office space located?
    The property is located at 1 Barrington Pl Bel Air, MD.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Great location near downtown Bel Air.; - Plentiful on-site parking.; - Option for fiber optics.
    (443) 573-3200
    Request Owner's contact information
    1 Barrington Pl Bel Air, MD 21014
    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.
    1 Barrington Pl
    Bel Air, MD 21014
    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
    1 Barrington Pl Bel Air, MD 21014
    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
    Beetle Smith
    Beetle Smith
    (443) 573-3200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.