Office Building with On-Site
9409 BELAIR ROAD, Nottingham, MD 21236
For Sale
Contact for pricing
Professional office property with client and staff parking along Belair Road.
Property Size3,140 SF
Price / SF$0.89
Days on Market48
Property Features for 9409 BELAIR ROAD
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Building Details
Year Built
Listing Agency:
EXP Realty, LLC
(888) 860-7369
Listed By:
Marge A. McCreesh · License #91589
(410) 877-4201
Source:
Cummingsrealtors
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 6 at 10:29AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This office property contains 3,140 square feet and dates to 1941. The building offers a recognizable older character suited to professional and service-oriented operations, with potential uses identified for real estate, accounting, legal, daycare, and similar office-based businesses. An expanded parking area accommodates up to eight vehicles for staff and visitors.
The property is located at 9409 Belair Road in Nottingham, Maryland, along a heavily traveled corridor. Its position on Belair Road provides direct roadway exposure for an office user seeking a visible presence, while the on-site parking supports day-to-day client and employee access.
The property is located at 9409 Belair Road in Nottingham, Maryland, along a heavily traveled corridor. Its position on Belair Road provides direct roadway exposure for an office user seeking a visible presence, while the on-site parking supports day-to-day client and employee access.
Key Highlights
- 3,140‑square‑foot office property
- Built in 1941
- Expanded parking area accommodates up to eight vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,015
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,300
$440.3K
Cap Rate 7%
$314,500
$314.5K
Cap Rate 9%
$244,611
$244.6K
Market Conditions
NOI Build-Up for 3,140 SF
Gross rent
$35.8K $11.40/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$29.4K $9.35/SF
− OpEx
−$7.3K −$2.34/SF
NOI
$22.0K $7.01/SF
Area
Baltimore County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,300
Cap Rate 7%
$314,500
Cap Rate 9%
$244,611
Alternative Uses
Best Use
Office B
$314.5K
$275.2K – $366.9K
NOI $22,015 @ 7.0% cap · market cap 786.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.46M
$26.66M – $35.54M
NOI $2,132,492 @ 7.0% cap · market cap 76,160.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
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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
$306,800
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Baltimore County, MD
Properties on Market for Office buildings in Baltimore County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with client and staff parking along Belair Road.
Where is this office building located?
The property is located at 9409 BELAIR ROAD Nottingham, MD.
What are key features of this property?
This property features: 3,140‑square‑foot office property; Built in 1941; Expanded parking area accommodates up to eight vehicles
