Property profile

2231 Old Emmorton Rd Bel Air, MD 21015

OFF-MARKET
Office buildings
Property ID
US40-0329638
1,886 SF 1 ac lot Built 1920
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

Office property located in Bel Air, Maryland, adjacent to Old Emmorton Commons in the town’s primary commercial corridor. The building contains approximately 1,900 square feet of fully finished office space with commercial carpeting, configured on the main level with six private offices, a reception area, a conference room, a full kitchen, and two bathrooms (one on the main floor and one in the lower level), plus multiple storage closets; additional storage is present in the basement and attic. The exterior features landscaped grounds, handicap accessibility, and pylon signage. The property includes a parking lot with ten private parking spaces and is positioned near national retailers, professional offices, Festival at Bel Air, and the University of Maryland Upper Chesapeake Medical Center.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction BRICK
Total area 1,886 SF
Lot 1 ac (43,560 SF)
Zoning code RO
APN 01-042246
UPID US40-0329638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor

Location

2231 Old Emmorton Rd Bel Air, MD 21015-6105
Bel Air metro Census 301106 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2001
$41,400
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RO · Bel Air, MD
Zoning description

Applicable regulations for architecture and site design contained in RO Residential Office District, § 165-28B shall apply in the B-1 Limited Business District. Certain uses are subject to performance standards specified…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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