Prime Commercial Space on
For Sale
$1,825,000
8711 BELAIR Rd, Nottingham, MD 21236
7,200 SF commercial space in high-traffic area.
Property Size7,200 SF
Price / SF$253.47
Days on Market98
Property Features for 8711 BELAIR Rd
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
Samson Properties
(301) 476-7700
Listed By:
Carole S LeVine · License #506800
(301) 476-7700
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 10:13AM
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 Samson Properties
Investment Insights
Based on property information with market context.
Located at 8711 Belair Road, this 7,200-square-foot commercial space is situated along a high-traffic corridor. Zoned Commercial Business (CB), the property benefits from high visibility, with an annual average daily traffic count of approximately 35,000 vehicles. The building features professional stucco-style siding with low-maintenance aluminum wrap, an asphalt shingle roof, and energy-efficient vinyl double-pane windows. A private 21-car parking lot is available. The interior includes a 3,600-square-foot main-level showroom with cathedral ceilings, recessed lighting, luxury vinyl plank (LVP) flooring, and carpeting. The main floor also provides a kitchen area, two restrooms, and flexible office configurations. An additional 3,600-square-foot lower level, accessible via a separate entrance, is suitable for inventory storage, administrative offices, or retail space. The mechanical systems feature a three-zone climate control setup powered by two gas furnaces and a high-efficiency heat pump, along with dual gas-fueled tankless hot water heaters. The electrical system has been upgraded with multiple panel boxes to accommodate significant power demands. The location is very walkable with a walk score of 70, somewhat bikeable with a bike score of 37, and has minimal transit with a transit score of 15.
Key Highlights
- High‑Traffic Location on Belair Road with approximately 35,000 vehicles passing daily.
- Large, Versatile 7,200 sq ft of commercial space with a 3,600 sq ft main‑level showroom.
- Zoned Commercial Business (CB) for a wide range of business operations.
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 | $155.5k | $21.60 |
| − Vacancy | −$9.9k | −$1.38 |
| EGI | $145.6k | $20.22 |
| − OpEx | −$43.7k | −$6.07 |
| NOI | $101.9k | $14.15 |
7,200 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.46M
$1.27M – $1.70M
NOI $101,908 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$69.85M
$61.12M – $81.50M
NOI $4,889,792 @ 7.0% cap · market cap 267.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Showroom - 7,200 SF commercial space in high-traffic area.
Where is this showroom located?
The property is located at 8711 BELAIR Rd Nottingham, MD.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: High‑Traffic Location on Belair Road with approximately 35,000 vehicles passing daily.; Large, Versatile 7,200 sq ft of commercial space with a 3,600 sq ft main‑level showroom.; Zoned Commercial Business (CB) for a wide range of business operations.
