Property profile

8711 Belair Rd Baltimore, MD 21236

OFF-MARKET
Retail space
Property ID
US40-1124853
3,600 SF 0.24 ac lot Built 2006
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,200 square foot commercial retail property is ideally situated on Belair Road in Nottingham, MD, a high-traffic location boasting an estimated 35,000 average daily vehicles. The property sits on a 0.24-acre lot and offers a significant advantage with its 21-car private parking lot. The building itself is in excellent condition, featuring attractive stucco-style siding, low-maintenance aluminum wrap, and durable vinyl double-pane windows. The roof is covered with asphalt shingles. The interior comprises two 3,600 square foot levels. The main level showcases a stunning 3,600 square foot showroom with soaring cathedral ceilings, recessed lighting, and attractive LVP flooring and carpeting. This level also includes two restrooms, a kitchen area, and multiple adaptable office spaces. The lower level, accessible via a separate entrance, offers an additional 3,600 square feet, perfect for office space, inventory storage, or expansion of the retail showroom. The property benefits from a robust electrical system with multiple panel boxes, and efficient climate control is ensured by dual gas-fueled tankless hot water heaters and a three-zone heating and cooling system (two gas furnaces and one heat pump). Zoned Commercial Business (CB), this property presents a unique opportunity for a variety of businesses seeking a prime location with ample space and convenient amenities. The property's size and location make it an ideal choice for businesses requiring both showroom and storage/office space.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 3,600 SF
Lot 0.24 ac (10,463 SF)
Zoning code CB
APN 11-2200012363
UPID US40-1124853

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
  • Clothing & Fashion Store

Location

8711 Belair Rd Baltimore, MD 21236-2419
Baltimore metro Census 411303 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2011
7 recorded transactions
2022
Price N/A
2011
$1.0M
2002
$200,000
2002
$25,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CB · Baltimore, MD

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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