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    4151 Glen Park Rd Nottingham, MD 21236
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    Property profile & analytics

    4151 Glen Park Rd Nottingham, MD 21236

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    • Office Units
    • 1,332 SF
    Off-Market
    Property ID
    US40-2265186
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Units

    Property Details for 4151 Glen Park Rd

    Year built
    1961
    Property size
    1,332 SF
    Property type
    Office Units
    Property subtype
    Commercial real estate

    Description

    4151 Glen Park Rd in Nottingham is a dual zoned at RO. Currently used as a residential property and has been tastefully upgraded on almost every aspect of the property. A new kitchen with cabinets, countertops, appliances and fixtures. New flooring throughout and painted in a neutral tone. 3 bedro ... oms or offices. One full bath and 1 half bath have both been renovated. A large main level area could be a waiting room or room for additional desks. A lower level area is perfect for storage or can be desk space too. A laundry room with newer washer and dryer is downstairs also. An attached carport has been enclosed and secure for a workshop, storage for machinery or room for a small vehicle etc. The back yard has a new fence, paver patio with pergola and an additional shed to store whatever you need. This is a turnkey property for you to move your business in. Convenient to Bel Air, Perry Hall, Parkville and White Marsh as it's located close to Rt.1.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nottingham
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.4635138
    Latitude
    39.4139926

    Comparable in this City

    • $950,000
      Pending

      Two-Level Retail/Office Investment Opportunity

      Freestanding, fully leased retail/office building in prime Nottingham location.
      9111 Belair Rd, Nottingham, MD 21236
      View Details
    • $675,000

      Retail and Office Investment Property

      Retail and office spaces with existing leases for sale.
      9103 Belair Rd, Nottingham, MD 21236
      View Details
    • New
      Contact for pricing
      9,945 SF

      Nottingham Office Space For Rent

      9,945 SF office space available in Nottingham, Maryland.
      9708 Belair Rd, Nottingham, MD 21236
      View Details
    • $449,900

      Prime Perry Hall Commercial Office

      Highly visible commercial office space in the heart of Perry Hall.
      4155 Glen Park Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing

      Freestanding Office Building in Perry Hall

      2,800 SF office building on 0.3 acres.
      3814 E Joppa Rd, Nottingham, MD 21236
      View Details
    • $595,000

      Baltimore Office Property for Sale

      Office property featuring 4,434 square feet of space.
      8622 Belair Rd, Baltimore, MD 21236
      View Details

    Similar Nearby for Sale

    • $950,000
      Pending

      Two-Level Retail/Office Investment Opportunity

      Freestanding, fully leased retail/office building in prime Nottingham location.
      9111 Belair Rd, Nottingham, MD 21236
      View Details
    • $675,000

      Retail and Office Investment Property

      Retail and office spaces with existing leases for sale.
      9103 Belair Rd, Nottingham, MD 21236
      View Details
    • New
      Contact for pricing
      9,945 SF

      Nottingham Office Space For Rent

      9,945 SF office space available in Nottingham, Maryland.
      9708 Belair Rd, Nottingham, MD 21236
      View Details
    • $449,900

      Prime Perry Hall Commercial Office

      Highly visible commercial office space in the heart of Perry Hall.
      4155 Glen Park Rd, Nottingham, MD 21236
      View Details
    • Contact for pricing

      Freestanding Office Building in Perry Hall

      2,800 SF office building on 0.3 acres.
      3814 E Joppa Rd, Nottingham, MD 21236
      View Details
    • $595,000

      Baltimore Office Property for Sale

      Office property featuring 4,434 square feet of space.
      8622 Belair Rd, Baltimore, MD 21236
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,397 SF

      Office Space in White Marsh

      Office space for lease in a growing Baltimore market.
      4940 Campbell Blvd, White Marsh, MD 21236
      View Details
    • $2,000 /Mo

      Belair Road Office/Retail Space

      1,360 SF ground-level space with high visibility on Belair Road.
      9309 Belair Rd, Nottingham, MD 21236
      View Details
    • $2,950 /Mo

      Belair Road Office/Retail Suite

      Second-floor suite with excellent visibility and regional access.
      8441 Belair Rd, Nottingham, MD 21236
      View Details
    • $1,950 /Mo
      19,998 SF

      Remodeled Commercial Space Available

      Remodeled commercial space perfect for small businesses, ready for occupancy.
      9511 Belair Rd, Baltimore, MD 21236
      View Details
    • Contact for pricing

      Office/Retail Spaces in Nottingham, MD

      Two office/retail spaces with parking and easy highway access.
      9608 Belair Rd, Nottingham, MD 21236
      View Details
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    Nottingham, MD 21236
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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.

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