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    585 Marketplace Dr Bel Air, MD 21014

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    For Lease
    $21 SF/Yr ($15,623 /Mo)

    Former Walgreens with drive-thru in the heart of Bel Air.

    Property size:
    8,600 SF
    Lot size:
    0.92 Acres

    Property Features for 585 Marketplace Dr

    General Information

    Size
    8,600 SF
    Lot size
    0.92 Acres

    Source: Segall Group Agent Jonathan "Jon" Garritt

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

    Overview

    Bel Air Retail Space Available

    This 8,600 square foot retail property is a former Walgreens with a drive-thru, situated at a main intersection in the heart of Bel Air, Maryland. The location offers excellent access and visibility. Neighboring retailers include Target, Home Depot, and DICK’S Sporting Goods. The Upper Chesapeake Medical Center, with over 4,000 employees and staff and 277 beds, is located less than one mile east of the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    Robert Kreymer Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    MacPhail Pharmacy at Upper Chesapeake, MacPhail Pharmacy, Andrea Bendewald, PharmD, Kristen E. Moffa, PharmD, Leo C. Weber, Pharm

    Location Insight

    • Map
    • Local Demand
    City
    Bel Air
    County
    Harford
    State
    Maryland
    Longitude
    -76.3494112
    Latitude
    39.5241053

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    FAQs

    What type of property is this?
    Drug store - Former Walgreens with drive-thru in the heart of Bel Air.
    Where is this drug store located?
    The property is located at 585 Marketplace Dr Bel Air, MD.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Located at a main intersection in the heart of Bel Air.; - Excellent access and visibility.; - Former Walgreens with drive-thru.
    (443) 223-0662
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    585 Marketplace Dr Bel Air, MD 21014
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    Realmo Value Estimation

    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.

    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.

    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
    585 Marketplace Dr Bel Air, MD 21014
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