What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Bel Air commercial real estate market incorporates 889,746 square feet of office space across 26 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Bel Air commercial real estate market includes 2,780,786 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

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49 Commercial Real Estate Listings in Bel Air, MD

CRE Market Stats

602 Hoagie Drive

602 Hoagie Drive, Bel Air North, Bel Air, MD
For Lease

Contact for pricing
Property

Office

4,187 SF
Availability

1 Space

3,570 SF
Year Built

2005
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MedStar Bel Air

12 Medstar Blvd, Bel Air South, Bel Air, MD
For Lease

Contact for pricing
Property

Office

105,334 SF
Availability

2 Spaces

9,721 SF
Year Built

2016
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Atwood Professional Center

602 South Atwood Road, Bel Air, MD
For Lease

$13.50/SF/YR
Property

Office

40,936 SF
Availability

3 Spaces

6,010 SF
Year Built

2003
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Emmorton Professional Center

2107 Laurel Bush Road, Bel Air South, Bel Air, MD
For Lease

Contact for pricing
Property

Office

28,249 SF
Availability

1 Space

3,439 SF
Year Built

1987
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Upper Chesapeake Health Pavilion I & II

615 West MacPhail Road, Bel Air, MD
For Lease

Contact for pricing
Property

Office

113,631 SF
Availability

2 Spaces

11,474 SF
Year Built

1996
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Bel Air Square

260 Gateway Drive, Bel Air, MD
For Lease

Contact for pricing
Property

Office

34,560 SF
Availability

1 Space

1,728 SF
Year Built

1989
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Old Emmorton Commons

2225 Old Emmorton Road, Bel Air South, Bel Air, MD
For Lease

$19.00/SF/YR
Property

Office

56,000 SF
Availability

1 Space

1,648 SF
Year Built

2001
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Bel Air South Professional Center

2012 Tollgate Road, Bel Air South, Bel Air, MD
For Lease

$19.50/SF/YR
Property

Office

60,000 SF
Availability

4 Spaces

9,491 SF
Year Built

1995
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1614 Churchville Road

1614 Churchville Road, Bel Air North, Bel Air, MD
For Lease

$27.00/SF/YR
Property

Office

27,305 SF
Availability

1 Space

5,246 SF
Year Built

2001
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Plumtree Professional Center

104 Plumtree Road, Bel Air South, Bel Air, MD
For Lease

$28.00/SF/YR
Property

Office

33,000 SF
Availability

1 Space

1,131 SF
Year Built

1991
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541 Marketplace Drive

541 Marketplace Dr, Bel Air, MD
For Sale

$3,600,000
Property

Retail

19,332 SF
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2217 Churchvillle Road

2217 Churchvillle Road, Bel Air, MD
For Lease

Contact for pricing
Property

Retail

5,651 SF
Availability

2 Spaces

5,651 SF
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2023 Emmorton Rd

2023 Emmorton Rd, Bel Air South, Bel Air, MD
For Lease

$18.00/SF/YR
Property

Retail

9,915 SF
Availability

1 Space

1,900 SF
Year Built

2000
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11 Main St

11 Main St, Bel Air, MD
For Lease

$18.00/SF/YR
Property

Office

15,963 SF
Availability

1 Space

780 SF
Year Built

1930
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541 Marketplace Dr

541 Marketplace Dr, Bel Air, MD
For Lease

$18.00/SF/YR
Property

Retail

19,332 SF
Availability

2 Spaces

19,332 SF
Year Built

2000
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Bel Air Town Center

502 Baltimore Pike, Bel Air, MD
For Lease

Contact for pricing
Property

Retail

93,451 SF
Availability

5 Spaces

18,447 SF
Year Built

1990
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James Run - Medical Office - Building 1

NWC Interstate 95 & Creswell Road, Bel Air, MD
For Lease

Contact for pricing
Property

Office

30,000 SF
Availability

1 Space

30,000 SF
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807 Baltimore Pike

807 Baltimore Pike, Bel Air South, Bel Air, MD
For Lease

Contact for pricing
Property

Office

12,000 SF
Availability

1 Space

5,000 SF
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Campus Hills Shopping Center

2400 Churchville Road, Bel Air, MD
For Lease

Contact for pricing
Property

Retail

161,443 SF
Availability

3 Spaces

12,480 SF
Year Built

1970
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Tollgate Marketplace

615 Baltimore Pike, Bel Air, MD
For Lease

Contact for pricing
Property

Retail

390,746 SF
Availability

3 Spaces

17,009 SF
Year Built

1993
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2458 East Churchville Road

2458 East Churchville Road, Bel Air, MD
For Lease

Contact for pricing
Property

VacantLand

3.5 Acre
Availability

1 Space

3.5 Acre
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1904 Emmorton Rd

1904 Emmorton Rd, Bel Air South, Bel Air, MD
For Lease

Contact for pricing
Property

Retail

2,800 SF
Availability

1 Space

2,800 SF
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North Park Professional Center

4C North Avenue #403, Bel Air North, Bel Air, MD
For Sale

$884,520
Property

Office

4,212 SF
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301 N Fountain Green Road & Eva Mar Blvd

301 N Fountain Green Road, Bel Air North, Bel Air, MD
For Sale

Contact for pricing
Property

VacantLand
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James Run

Route 543 & I-95 Bel Air, Maryland, MD
For Lease

Contact for pricing
Property

Retail

96,500 SF
Availability

4 Spaces

91,800 SF
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One Barrington Place

1 Barrington Road, Bel Air South, Bel Air, MD
For Lease

$18.00/SF/YR
Property

Office

12,418 SF
Availability

2 Spaces

3,197 SF
Year Built

2000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Bel Air commercial real estate market incorporates 889,746 square feet of office space across 26 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Bel Air commercial real estate market includes 2,780,786 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The largest share of commercial real estate space for lease in Bel Air is represented by Retail space, which accounts for 171,019 square feet of available listings. Office space available in Bel Air adds up to 92,435 square feet.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Bel Air is $18.64 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Bel Air can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Bel Air, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $19.5 per square foot. In particular, the property type commanding the highest lease rates in Bel Air was Office space.

The average size of a commercial property in Bel Air depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Bel Air, the average size of an office property is 37,073 square feet.
Retail properties here incorporate an average of 120,904 square feet.

Bel Air, MD Commercial Real Estate Inventory Breakdown

In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.

Total Office Space in Bel Air: 436,965 Sq. Ft.

In Bel Air, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 218,965 square feet of office space in Bel Air is rated Class A. Office space rated Class B amount to 168,000 square feet.

Bel Air Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	218,000 Sq. Ft.	49.89%
100k to 500k Sq. Ft.	218,965 Sq. Ft.	50.11%

Bel Air Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class A	218,965 Sq. Ft.	50.11%
Class B	168,000 Sq. Ft.	38.45%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Total Retail Space in Bel Air: 2,538,229 Sq. Ft.

The Bel Air commercial real estate market includes 9 properties that are dedicated to retail use. The various types of retail space here account for 2,538,229 square feet of commercial property in Bel Air.

Bel Air Retail Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Retail
50k to 100k Sq. Ft.	262,420 Sq. Ft.	10.34%
100k to 500k Sq. Ft.	1,770,326 Sq. Ft.	69.75%
500k to 1M Sq. Ft.	505,483 Sq. Ft.	19.91%

Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.

Bel Air, MD Currently Available Listings

Commercial real estate listings for rent in Bel Air currently add up to 679,368 square feet. There are 18 active office listings, which amount to 92,435 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 171,019 square feet across 9 listings.

Bel Air Commercial Space for Lease Breakdown
City	Property Type	Count of Listings	Total SF
Bel Air, MD	Office	18	92,435
Bel Air, MD	Retail	9	171,019
Bel Air, MD	Other	27	415,914

Office

Retail

49 Commercial Real Estate Listings in Bel Air, MD

602 Hoagie Drive

MedStar Bel Air

Atwood Professional Center

Emmorton Professional Center

Upper Chesapeake Health Pavilion I & II

Bel Air Square

Old Emmorton Commons

Bel Air South Professional Center

1614 Churchville Road

Plumtree Professional Center

541 Marketplace Drive

2217 Churchvillle Road

2023 Emmorton Rd

11 Main St

541 Marketplace Dr

Bel Air Town Center

James Run - Medical Office - Building 1

807 Baltimore Pike

Campus Hills Shopping Center

Tollgate Marketplace

2458 East Churchville Road

1904 Emmorton Rd

North Park Professional Center

301 N Fountain Green Road & Eva Mar Blvd

James Run

One Barrington Place

Frequently Asked Questions

Bel Air, MD Commercial Real Estate Inventory Breakdown

Total Office Space in Bel Air: 436,965 Sq. Ft.

Total Retail Space in Bel Air: 2,538,229 Sq. Ft.

Bel Air, MD Currently Available Listings

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49 Commercial Real Estate Listings in Bel Air, MD

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Bel Air, MD?

What factors affect the price of commercial real estate in Bel Air, MD?

What is the average rent for commercial space in Bel Air, MD?

What are the best areas for commercial real estate in Bel Air, MD?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Bel Air, MD?

Bel Air, MD Commercial Real Estate Inventory Breakdown

Total Office Space in Bel Air: 436,965 Sq. Ft.

Total Retail Space in Bel Air: 2,538,229 Sq. Ft.

Bel Air, MD Currently Available Listings

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About us