Retail Showroom with Private
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 Market127
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
Zoned, Forced Air
Cooling system
Central Air
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: Aug 19
Last Checked: Aug 21 at 12:06PM
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.
A well-maintained retail/showroom property offering approximately 7,200 square feet of flexible commercial space. The main level features a 3,600-square-foot showroom with cathedral ceilings, recessed lighting, luxury vinyl plank flooring, and plush carpeting, along with a dedicated kitchen area, two restrooms, and multiple flexible office configurations. A second 3,600-square-foot lower level includes its own separate entrance and can support uses such as inventory storage or administrative office space.
The property is zoned Commercial Business (CB) and positioned along a high-traffic corridor with an annual average daily traffic count of approximately 35,000 vehicles. Exterior improvements include a private 21-car parking lot, professional stucco-style siding with low-maintenance aluminum wrap, an asphalt shingle roof, and energy-efficient vinyl double-pane windows.
Operational infrastructure supports higher-capacity performance with three-zone climate control served by two gas furnaces and a high-efficiency heat pump, dual gas-fueled tankless hot water heaters, and upgraded electrical capacity with multiple panel boxes.
The property is zoned Commercial Business (CB) and positioned along a high-traffic corridor with an annual average daily traffic count of approximately 35,000 vehicles. Exterior improvements include a private 21-car parking lot, professional stucco-style siding with low-maintenance aluminum wrap, an asphalt shingle roof, and energy-efficient vinyl double-pane windows.
Operational infrastructure supports higher-capacity performance with three-zone climate control served by two gas furnaces and a high-efficiency heat pump, dual gas-fueled tankless hot water heaters, and upgraded electrical capacity with multiple panel boxes.
Key Highlights
- 7,200 SF commercial building built in 2006 with main‑level showroom plus a separate lower level totaling 3,600 SF each
- Zoned Commercial Business (CB) on a high‑traffic corridor with approx. 35,000 vehicles average daily traffic
- 21‑car private parking lot and parking lot parking configuration
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
Property Profile
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
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 - Impeccably maintained showroom with two restrooms, flexible offices, and a separate-entry lower level.
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 SF commercial building built in 2006 with main‑level showroom plus a separate lower level totaling 3,600 SF each; Zoned Commercial Business (CB) on a high‑traffic corridor with approx. 35,000 vehicles average daily traffic; 21‑car private parking lot and parking lot parking configuration
