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Property profile & analytics
OFF-MARKET Estimated value $2,070,000
Office buildings

2309 Bel Air Rd Fallston, MD 21047-2732

14,000 SF 0.64 ac lot Built 1994
Entity Owned 13-yr Hold Free & Clear
Property ID
US40-0884447
Property summary
AI-generated overview

This exceptional Class A office building, located at 2309 Bel Air Road in Fallston, MD, offers a diverse range of office spaces to suit various business needs. The property boasts a total of 14,400 square feet and is divided into four suites, providing flexibility for businesses of all sizes. Currently, there are two available spaces, ranging from a minimum of 300 square feet to a maximum contiguous space of 2,400 square feet. The building caters to a variety of office styles, including medical, executive, traditional, coworking, and creative office spaces, making it an ideal location for a wide spectrum of businesses. The building's prime location in Fallston, MD ensures easy access to major transportation routes and amenities. The available spaces offer a blend of modern functionality and convenience, with move-in ready options available on the second floor and individual office suites situated on the third floor. This presents a unique opportunity for businesses seeking high-quality office space in a thriving Fallston community. The building's multiple tenancy structure allows for a diverse and collaborative environment. Contact us today to learn more about the available spaces and schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction BRICK
Total area 14,000 SF
Lot 0.64 ac (28,000 SF)
Zoning code B3
APN 03-064255
UPID US40-0884447
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
  • Luis Gimenez Physician Medical Clinic
  • Laura A. Barwick CPA, LLC Accounting Firm Tax Preparation
  • Sheri Collins, Premier Home Team of Northrop Realty Real Estate Agency
  • Shawn Little Team of Northrop Realty Real Estate Agency
  • Darnell Harris, EXP Realty, LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.07M
Owner & transaction history
Ncm Properties LLC · 13 yrs held
Ncm Properties LLC
since 2013
1 recorded transaction
2013
$1.9M
Zoning & alternative use
B3 · Fallston, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.2M +13.5%
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