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Property profile & analytics
FOR LEASE
Retail space
2101 Bel Air Rd, Fallston, MD 21047
Trust Owned
8-yr Hold
Free & Clear
Property ID
US40-0931840
For Lease
1 / 5
$550/Mo
2101 Bel Air Rd, Fallston, MD 21047
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Property summary
AI-generated overview
This exceptional 0.93-acre mixed-use property at 2101 Bel Air Road in Fallston, MD presents a prime redevelopment opportunity. Boasting 173 feet of road frontage and a depth of 235 feet, this level lot sits on a highly traveled road with over 30,000 vehicles passing daily. The existing 5,934 square foot building is currently tenant-occupied with short-term leases generating approximately $3,100 in monthly income. Tenants may be willing to remain. Additionally, three vacant units offer further income potential for a new owner. The CI zoning allows for a wide range of development possibilities, making this an ideal investment for those seeking to capitalize on a high-traffic location and existing income stream. The property's size and location in a well-established area of Fallston provide significant advantages for redevelopment projects. Detailed property information is available in supplemental documents. Schedule a site visit to fully appreciate the potential of this remarkable opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
BRICK
Total area
4,800 SF
Lot
0.93 ac (40,597 SF)
Zoning code
CI
APN
03-055833
UPID
US40-0931840
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
MartinoBlum Marketing & Advertising Advertising Agency
-
Makhome Kitchens & Bath MKB Building Supply Hardware & Home Improvement
-
Tom Fargo & Associates Tax Preparation
-
Elite Body Gym & Fitness Center
-
Baltimore Home Rentals Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$875k
Owner & transaction history
Bridges,james A & J C 2017 Trust · 8 yrs held
Bridges,james A & J C 2017 Trust
since 2017
1 recorded transaction
Zoning & alternative use
CI · Fallston, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fallston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,195,000
Current use
COMMERCIAL (GENERAL)
$1,100,000
Change: -8% · Conversion: Easy
OFFICE BUILDING
$970,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$182 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,176
Tax year 2022
Assessed value
$842,133
Assessed 2023
Previous assessed
$841,900
+0.0% YoY
Effective rate
1.09%
On assessed value
Land market value
$813,000
Improvement market value
$29,600
Total market value
$842,600
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
4,800 SF
Lot
0.93 ac (40,597 SF)
Zoning code
CI
APN
03-055833
UPID
US40-0931840
Jurisdiction
HARFORD
Zoning & alternative use
CI · Fallston, MD
Zoning CI · permitted uses
CI · Fallston, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Bridges,james A & J C 2017 Trust
Trust
Free & Clear · 8 yrs held
Mailing address
2703 FALLSMONT DR, FALLSTON, MD 21047-2248
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2017
—
Bridges,james A & J C 2017 Trust
Bridges,james A & Joan C
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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