Corner-Lot Office
New
For Sale
$1,300,000
715 S Shamrock Road, Bel Air, MD 21014
A two-level brick property offers office space on a corner parcel with more than two acres of land.
Property Size11,088 SF
Price / SF$118.18
Days on Market4
Property Features for 715 S Shamrock Road
General Information
Standard status
Active
Size
11,088 SF
Zoning
R1
Property Condition
Severity
Repairs Needed
Evidence
Lots of interior space to remodel
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Needs Renovation
Taxes and HOA fees
Annual Taxes
$19,134
Amenities
Yes
No
Negotiable
Public
EC
2.04
Assessor
Parking Lot,Off Site
30
11088.00
290600.00
Building Details
Building Size
11,088 SF
Year Built
1967
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Exhale Realty LLC
(443) 983-9058
Listed By:
Ericka S Payne · License #619483
(410) 630-1274
Source:
Kempandassociatesre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:49PM
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 Exhale Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-level brick office building was constructed in 1967 and contains approximately 11,000 square feet. The property occupies a 2.04-acre corner parcel at 715 S Shamrock Road in Bel Air, Maryland.
Key Highlights
- 2.04‑acre corner parcel in Bel Air, Maryland
- Two‑level brick office building
- Approximately 11,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,121
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,420
$1.5M
Cap Rate 7%
$1,101,729
$1.1M
Cap Rate 9%
$856,900
$856.9K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$125.4K $11.40/SF
− Vacancy
−$22.6K −$2.05/SF
EGI
$102.8K $9.35/SF
− OpEx
−$25.7K −$2.34/SF
NOI
$77.1K $7.01/SF
Area
Harford County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,420
Cap Rate 7%
$1,101,729
Cap Rate 9%
$856,900
Alternative Uses
Best Use
Office B
$1.10M
$964.0K – $1.29M
NOI $77,121 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M
NOI $270,932 @ 7.0% cap · market cap 20.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Explore this area
Business Placement
Demographics for 21014, MD
38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A two-level brick property offers office space on a corner parcel with more than two acres of land.
Where is this office building located?
The property is located at 715 S Shamrock Road Bel Air, MD.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2.04‑acre corner parcel in Bel Air, Maryland; Two‑level brick office building; Approximately 11,000 square feet
