Commercial Showroom with Lower
For Sale
$1,825,000
8711 BELAIR Road, Nottingham, MD 21236
Commercial Sale, NOTTINGHAM, MD
Property Size7,200 SF
Lot Size0.24 Acres
Price / SF$253.47
Days on Market161
Property Features for 8711 BELAIR Road
General Information
Property type
Other
Property subtype
Retail
Parking
21
Parking features
Parking Lot
Elementary school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district
BALTIMORE COUNTY PUBLIC SCHOOLS
High school district
BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
8805
Utilities
Heating system
Forced Air, Zoned
Cooling system
Central Air
Amenities
cathedral ceilings
recessed lighting
luxury vinyl plank flooring
carpeting
kitchen area
separate entrance
three-zone climate control
tankless water heaters
Building Details
Year built
2006
Number of units
1
Building materials
Stucco, Aluminum Siding, Concrete, CPVC/PVC
Listing Agency:
Samson Properties
(301) 854-2155
Listed By:
John M Burgess · License #506800
(202) 369-1355
Added: Apr 17
Changed: Sep 16
Last Checked: Sep 24 at 3:06AM
MLS# MDBC2159758
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.
Located at 8711 Belair Road in Nottingham, this 7,200-square-foot showroom property is arranged across two 3,600-square-foot levels. The main floor features cathedral ceilings, recessed lighting, luxury vinyl plank flooring, carpeting, a kitchen area, two restrooms, and several office configurations. A separate entrance serves the lower level, which can accommodate inventory, administrative functions, or additional retail space.
The property sits on a 0.2402-acre parcel with a private 21-car parking lot and approximately 35,000 vehicles in annual average daily traffic. Exterior construction includes stucco, aluminum siding, concrete, and CPVC/PVC components, along with an asphalt shingle roof and vinyl double-pane windows. Building systems include zoned forced-air heating, central air, two gas furnaces, a heat pump, two gas tankless water heaters, and upgraded electrical service with multiple panel boxes. The property was built in 2006 and is zoned Commercial Business (CB).
The property sits on a 0.2402-acre parcel with a private 21-car parking lot and approximately 35,000 vehicles in annual average daily traffic. Exterior construction includes stucco, aluminum siding, concrete, and CPVC/PVC components, along with an asphalt shingle roof and vinyl double-pane windows. Building systems include zoned forced-air heating, central air, two gas furnaces, a heat pump, two gas tankless water heaters, and upgraded electrical service with multiple panel boxes. The property was built in 2006 and is zoned Commercial Business (CB).
Key Highlights
- 7,200‑square‑foot showroom property with two 3,600‑square‑foot levels
- Main level includes cathedral ceilings, recessed lighting, LVP flooring, carpeting, kitchen, two restrooms, and office areas
- Lower level has a separate entrance for storage, offices, or added retail space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$101,908
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 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
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Open Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Heavy power
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - CB-zoned commercial property offers showroom, office, storage, and parking functionality along Belair Road.
Where is this showroom located?
The property is located at 8711 BELAIR Road 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: 7,200‑square‑foot showroom property with two 3,600‑square‑foot levels; Main level includes cathedral ceilings, recessed lighting, LVP flooring, carpeting, kitchen, two restrooms, and office areas; Lower level has a separate entrance for storage, offices, or added retail space
