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2101 Bel Air Rd
Fallston, MD 21047
Retail Property For Sale
EXECUTIVE SUMMARY
PRIME INVESTMENT/REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AS AN OPTION - This property offers an existing building that could be utilized or raised for new development. The property consists of .93 acres on the highly traveled Bel Air Rd in an already highly developed area in the Heart of Fallston. The traffic count exceeds 30,000 per day. The property has 173 ft of road frontage and is 235 ft deep. The level lot offers numerous opportunities for anyone looking to redevelop. The opportunities are endless with CI Zoning. The current status is the existing building offers 5,934 square feet and is tenant occupied in short term leases with an income of approximately $3,100 per month. Tenants would stay if allowed. There is also 3 other vacant units that could be leased out at purchasers discretion.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,743 SF
Building Class
C
Year Built
1978
Price
$1,490,000
Price Per SF
$220.97
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.17
Lot Size
0.93 AC
Zoning
CI - Commercial Industrial District. It's a zoning designation for moderate-scale industrial, office, and business uses.
Parking
50 Spaces (8.43 Spaces per 1,000 SF Leased)
Frontage
68’ on Belair Rd
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 03-055833 | Improvements Assessment | $29,600 |
| Land Assessment | $813,000 | Total Assessment | $842,600 |
PROPERTY TAXES
Parcel Number
03-055833
Land Assessment
$813,000
Improvements Assessment
$29,600
Total Assessment
$842,600
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