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    9317 BELAIR Rd Nottingham, MD 21236

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    For Lease
    $1,200 /Mo

    Expansive lower-level commercial space suitable for various business needs.

    Type:Commercial
    Lot size:
    0.78 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    12
    Last Refresh:
    Mar 21 at 7:38 am

    Property Features for 9317 BELAIR Rd

    General Information

    Standard status
    Active
    Lot size
    0.78 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1930

    We can help!

    Listing Contact
    Ricky Nelson

    Listing agent Ricky Nelson

    Listing office CUMMINGS & CO. REALTORS

    Listing date Mar 24, 2026

    Source Elliman

    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

    Overview

    Versatile Commercial Space for Rent

    This expansive lower-level commercial space features an open layout, presenting numerous possibilities for prospective tenants. The space is suitable for storage, office use, or a data center, among other applications. It offers a blank canvas ready to accommodate diverse business needs and visions, with the potential to suit a variety of commercial uses.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nottingham
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4732433
    Latitude
    39.4042118

    Nearby Similar for Lease

    • Contact for pricing

      High-Visibility Commercial Space Available

      Prime commercial space with excellent frontage and exposure.
      6403 BELAIR Road, NOTTINGHAM, MD 21236
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      Two Available Offices in Nottingham

      Two office spaces for rent in Nottingham, Maryland.
      7701 2nd Floor BELAIR Road unit: 3 & 4, NOTTINGHAM, MD 21236
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      Nottingham Office/Retail Suite For Lease

      Highly visible 1,800 SF suite near I-695 and I-95.
      8441 BELAIR Road unit: 204, NOTTINGHAM, MD 21236
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      Belair Road Office/Retail Space

      High-visibility 1,360 SF office/retail space on Belair Road.
      9309 BELAIR RD unit: Suite C, NOTTINGHAM, MD 21236
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      Prime Retail Space on Belair

      Excellent condition, high-traffic location, ideal for various businesses.
      8711 BELAIR Road, NOTTINGHAM, MD 21236
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      High-Visibility Storefront on Belair Road

      Prime commercial space suitable for retail, office, or service businesses.
      6403 Belair Rd, NOTTINGHAM, MD 21236
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      Varied Office Spaces Available

      Office spaces for lease with included utilities and amenities.
      9423 Belair Rd, NOTTINGHAM, MD 21236
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      Belair Road Office/Retail Space

      1,360 SF ground-level space with high visibility on Belair Road.
      9309 Belair Rd #suite C, NOTTINGHAM, MD 21236
      View Details
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      Two-Story Office Building with Elevator

      Two-story office building featuring updated common areas and individual HVAC.
      8817 Belair Rd, Nottingham, MD
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      Nottingham Warehouse with Office Space

      54,121 SF warehouse with office space for lease.
      5301 Nottingham Dr, Nottingham, MD
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      Grocery-Anchored Power Center Space

      Retail space in a recently renovated shopping center.
      4313 Ebenezer Rd, Nottingham, MD
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      Nottingham Office Space For Rent

      9,945 SF office space available in Nottingham, Maryland.
      9708 Belair Rd, Nottingham, MD
      View Details

    FAQs

    What type of property is this?
    Office units - Expansive lower-level commercial space suitable for various business needs.
    Where is this office units located?
    The property is located at 9317 BELAIR Rd Nottingham, MD.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Expansive lower‑level commercial space.; Open layout provides a blank canvas ready to accommodate business needs.; Suitable for storage, office use, or a data center.
    (443) 804-6441
    We can help!
    Listing Contact
    Ricky Nelson
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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