12037 Belair Rd Kingsville, MD 21087
Commercial property for sale with high traffic and store front.
- Added:
- May 18, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 3 at 5:45 am
Property Features for 12037 Belair Rd
General Information
- Standard status
- Active
- Size
- 6,670 SF
- Lot size
- 1.71 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing office ALEXANDER REALTY, INC. (410) 592-2300
Listing date May 18, 2026
Source Corcoran
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 ALEXANDER REALTY, INC.
Investment Insights
Based on property information with market context.
Key Highlights
- Profitable commercial property with high traffic count (22,000‑28,000 per day) on Belair Road
- 226 ft frontage on Belair Road with two curb cuts for easy accessibility
- Zoned BL (Business Local) on 1.71 acres
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.1k | $21.60 |
| − Vacancy | −$9.2k | −$1.38 |
| EGI | $134.9k | $20.22 |
| − OpEx | −$40.5k | −$6.07 |
| NOI | $94.4k | $14.15 |
