Retail Space with Lower-Level
8711 BELAIR ROAD, Baltimore, MD 21236
For Sale
New
Contact for pricing
An open showroom, office areas, and upgraded electrical service support a range of commercial operations.
Property Size7,200 SF
Price / SF$1.49
Days on Market6
Property Features for 8711 BELAIR ROAD
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Ricky Nelson · License #636873
(443) 804-6441
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 9:35AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,200-square-foot retail property is arranged across two levels, with 3,600 square feet on the main floor and 3,600 square feet below. The upper level includes an open showroom, high ceilings, a kitchen area, restrooms, and adaptable office space. A separate entrance serves the lower level, which can accommodate office, storage, or inventory functions.
Located on Belair Road, the property has an upgraded electrical system with added capacity for equipment. Users should verify that service meets their specific requirements. Potential uses such as retail, professional offices, laundry services, child care, and adult programs remain subject to applicable zoning, licensing, and other approvals.
Located on Belair Road, the property has an upgraded electrical system with added capacity for equipment. Users should verify that service meets their specific requirements. Potential uses such as retail, professional offices, laundry services, child care, and adult programs remain subject to applicable zoning, licensing, and other approvals.
Key Highlights
- 7,200 square feet total, divided evenly between the main and lower levels
- Main floor features an open showroom, high ceilings, kitchen area, restrooms, and office space
- Lower level has a separate entrance and space for offices, storage, or inventory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,908
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,160
$2.0M
Cap Rate 7%
$1,455,829
$1.5M
Cap Rate 9%
$1,132,311
$1.1M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$155.5K $21.60/SF
− Vacancy
−$9.9K −$1.38/SF
EGI
$145.6K $20.22/SF
− OpEx
−$43.7K −$6.07/SF
NOI
$101.9K $14.15/SF
Area
Baltimore, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,160
Cap Rate 7%
$1,455,829
Cap Rate 9%
$1,132,311
Alternative Uses
Best Use
Retail
$1.46M
$1.27M – $1.70M
NOI $101,908 @ 7.0% cap · market cap 947.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,744 @ 7.0% cap · market cap 1,123.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
748
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
$306,800
Median Home Value
Market
Average Price Trend$/SF for Retail space in Baltimore, MD
Properties on Market for Retail space in Baltimore
Vacancy Rate% for Retail in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Retail space - An open showroom, office areas, and upgraded electrical service support a range of commercial operations.
Where is this retail space located?
The property is located at 8711 BELAIR ROAD Baltimore, MD.
What are key features of this property?
This property features: 7,200 square feet total, divided evenly between the main and lower levels; Main floor features an open showroom, high ceilings, kitchen area, restrooms, and office space; Lower level has a separate entrance and space for offices, storage, or inventory
