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

    808 Baltimore Pike Bel Air, MD 21014

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,800,000

    4,641 SF office building available in Bel Air, Maryland.

    Property size:
    4,641 SF
    Lot size:
    0.23 Acres

    Property Features for 808 Baltimore Pike

    General Information

    Size
    4,641 SF
    Lot size
    0.23 Acres

    We can help!

    Listing Contact
    Christopher C. Smith, Sior
    Source: Moodyscre

    Listing Agent: Christopher C. Smith, Sior

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

    Learn more

    Property Insight Report

    Overview

    Bel Air Office Building For Sale

    This is a 4,641 square foot office building located in Bel Air, Maryland. The property is intended for use as an office building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anthony Messer, EXP ... Real Estate Agent Brittany Swain, EXP ... Real Estate Agent

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Bel Air
    County
    Harford
    State
    Maryland
    Longitude
    -76.3614554
    Latitude
    39.5195169

    Nearby Similar for Sale

    • $475,000

      Bel Air All-Brick Rancher

      Charming rancher in downtown Bel Air, ideal for residential or office.
      308 Fulford Ave, Bel Air, MD 21014
      View Details
    • $287,000

      Remodeled Condo in Greenhaven Community

      Spacious, remodeled 2-bedroom condo with modern amenities in Bel Air.
      1307 Scottsdale Dr Dr, Bel Air, MD 21015
      View Details
    • $235,000

      Ground-Level Condo with Porch

      First-floor condo with screened porch, near MA & PA Trail.
      608 Churchill Rd Rd, Bel Air, MD 21014
      View Details
    • $189,900
      1,000 SF

      Updated Condo with Private Balcony

      Updated 2-bedroom condo with modern kitchen and community amenities.
      224 Crocker Dr, Bel Air, MD 21014
      View Details
    • $399,900
      2,164 SF

      Three-Story Townhome in Emerald Hills

      Three-bedroom townhome with finished basement and community amenities.
      1500 Sunswept Dr, Bel Air, MD 21015
      View Details
    • $300,000

      Hearthstone Condo with Private Patio

      Ground-level condo in 55+ community with green space.
      120 W Broadway, Bel Air, MD 21014
      View Details
    • Contact for pricing
      3,828 SF

      Retail Space in Bel Air

      Retail space for sale in Bel Air, Maryland.
      1215 Baltimore Pike, Bel Air, MD 21014
      View Details
    • $589,000
      3,240 SF

      Bel Air Office/Retail Opportunity

      Office and/or retail space near the Court House.
      30-34 S Main St, Bel Air, MD 21014
      View Details
    • $884,520
      4,212 SF

      Medical Office Condo For Sale

      Medical office condominium in Bel Air, MD, available for sale.
      4 North Ave, Bel Air, MD 21014
      View Details
    • $649,000

      Bel Air Specialty Property

      Specialty property available for sale in Bel Air, Maryland.
      2537 Monarch Way, Bel Air, MD 21015
      View Details
    • $546,000

      Bel Air Specialty Property

      Specialty property available for sale in Bel Air, Maryland.
      315 Harlan St, Bel Air, MD 21014
      View Details
    • $775,000

      Bel Air Specialty Property

      Specialty property available for sale in Bel Air.
      1006 Saddleback Way, Bel Air, MD 21014
      View Details

    FAQs

    What type of property is this?
    Office building - 4,641 SF office building available in Bel Air, Maryland.
    Where is this office building located?
    The property is located at 808 Baltimore Pike Bel Air, MD.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - 4,641 SF office building; - Located in Bel Air, Maryland
    (410) 339-7160
    Request Owner's contact information
    808 Baltimore Pike 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.
    808 Baltimore Pike
    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
    808 Baltimore Pike 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
    Christopher C. Smith, Sior
    (410) 339-7160
    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.