12037 BELAIR Road Kingsville, MD 21087
Commercial Sale - KINGSVILLE, MD
Property Features for 12037 BELAIR Road
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 61
- Parking features
- Parking Lot
- Standard status
- Active
- Lot size
- 1.71 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8697
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1959
- Number of units
- 2
- Building materials
- Brick Front, Block, Masonry
Listing agent James A Frank Jr. License #614139 (443) 286-1553
Listing office Alexander Realty, Inc. 13785 BOTTOM Road, HYDES, MD (410) 592-2300
Listing date May 19, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site has approximately 226 feet of frontage along Belair Road and includes two curb cuts for easy accessibility. Public remarks note a high traffic count of approximately 22,000 to 28,000 vehicles per day. The property is zoned BL (Business Local) on 1.71 acres, more or less.
The building is described as including a commercial rubber roof that is approximately two years old. The offering is for real estate only.
Key Highlights
- 1.71‑acre commercial property on Belair Road with 226’ frontage and two curb cuts for access
- Zoned BL (Business Local); high traffic count reported at approximately 22,000–28,000 vehicles per day
- Main level is fully leased with storefront parking; walk‑out lower level under the main building used for storage
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 | $192.7k | $21.60 |
| − Vacancy | −$12.3k | −$1.38 |
| EGI | $180.4k | $20.22 |
| − OpEx | −$54.1k | −$6.07 |
| NOI | $126.3k | $14.15 |
