Second-Floor Office
8441 Belair Road # 204, Nottingham, MD 21236
For Sale
New
Contact for pricing
Business Local zoning and a modified gross lease structure support office and service-retail occupancy.
Property Size1,800 SF
Price / SF$1.64
Days on Market5
Property Features for 8441 Belair Road # 204
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Zoning
Lease Term
Site & Location
Highway Access
Road Access
Additional Details
Floor
Property Use
Amenities
conference room
private restroom
kitchenette
user-controlled HVAC
expansive perimeter windows
Carpet,Luxury Vinyl Plank
Other
Yes
1800
Electric
3
1
N
Level,Road Frontage
Public
Greater than 30000
No
Parking Lot
Handicap Parking,Lighted Parking,Paved Parking,Private,Unassigned
30
Building Details
Year Built
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Kathy M Townsend · License #507416
(410) 499-8292
Source:
Thetristaterealestategroup
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 6:05AM
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 Cummings & Co. Realtors
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Investment Insights
Based on property information with market context.
This 1,800-square-foot second-floor suite in the Olde Forge Building has 5–6 private offices, a conference room, reception area, private restroom, and kitchenette. Perimeter windows bring natural light into the space, and HVAC controls are managed within the suite. The elevator-served building provides ADA access. Business Local (BL) zoning supports medical, professional, and general office uses, along with service-based retail.
The property fronts Belair Road in Nottingham, with access to I-695 and I-95 and connectivity to Baltimore and Harford Counties. Belair Road traffic counts exceed 37,000 vehicles per day. The suite is offered on a modified gross lease basis.
The property fronts Belair Road in Nottingham, with access to I-695 and I-95 and connectivity to Baltimore and Harford Counties. Belair Road traffic counts exceed 37,000 vehicles per day. The suite is offered on a modified gross lease basis.
Key Highlights
- 1,800 SF second‑floor office suite
- 5–6 private offices, conference room, reception area, private restroom, and kitchenette
- Belair Road traffic counts exceed 37,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,620
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,400
$252.4K
Cap Rate 7%
$180,286
$180.3K
Cap Rate 9%
$140,222
$140.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$20.5K $11.40/SF
− Vacancy
−$3.7K −$2.05/SF
EGI
$16.8K $9.35/SF
− OpEx
−$4.2K −$2.34/SF
NOI
$12.6K $7.01/SF
Area
Baltimore 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%
$252,400
Cap Rate 7%
$180,286
Cap Rate 9%
$140,222
Alternative Uses
Best Use
Office B
$180.3K
$157.8K – $210.3K
NOI $12,620 @ 7.0% cap · market cap 427.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$17.46M
$15.28M – $20.37M
NOI $1,222,448 @ 7.0% cap · market cap 41,438.92%
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 21236, MD
40,555
Population
16,267
Households
2.5
Avg Household Size
39
Median Age
40%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
4,557
Density / Sq Mi
$92,130
Median Household Income
$56,457
Median Earnings
$1,591
Median Rent
$306,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Baltimore County, MD
Properties on Market for Office Units in Baltimore County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Business Local zoning and a modified gross lease structure support office and service-retail occupancy.
Where is this office unit located?
The property is located at 8441 Belair Road # 204 Nottingham, MD.
What are key features of this property?
This property features: 1,800 SF second‑floor office suite; 5–6 private offices, conference room, reception area, private restroom, and kitchenette; Belair Road traffic counts exceed 37,000 vehicles per day
