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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Industrial properties

9017 Mendenhall Ct Columbia, MD 21045-4732

32,256 SF 2.32 ac lot Built 1983
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US40-1244013
Property summary
AI-generated overview

This exceptional 16,000-square-foot flex office/warehouse space in Columbia, MD, is available for lease starting June 1st, 2024. The property, built in 1994, offers a unique opportunity for businesses seeking versatile space. The building is zoned NT, allowing for a variety of uses including Professional Office (POR), B-1, B-2, Service Commercial (SC), or Light Manufacturing (M-1). The space is divisible into four individual 4,000-square-foot units, providing flexibility for businesses of varying sizes. Each unit features 16-foot ceilings, a sprinkler system, and efficient 32x32 column spacing. Loading is facilitated by 10'x12' roll-up doors at dock height. Private restrooms are included within each unit, and ample parking is available for tenants and their clients. This prime location offers unparalleled convenience, situated less than one minute from Snowden River Parkway and within three minutes of major thoroughfares including I-95, I-175, and MD-32. The property presents a rare opportunity to secure a well-maintained, adaptable space in a highly desirable area of Howard County.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL PARK
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,256 SF
Lot 2.32 ac (101,059 SF)
Zoning code NT
APN 16-094846
UPID US40-1244013
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
  • The Redeemed Christian Church of God, Worship Center Columbia Church
  • xtremegarageservice Construction Company General Contractor
  • St Jude Laboratories Laboratory
  • Maryland Homebrew Big Box & Wholesale Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.12M
Owner & transaction history
Fairview Beach LLC · 22 yrs held
Fairview Beach LLC
since 2004
3 recorded transactions
2004
$791,000
2000
$1.8M
1999
Price N/A
Zoning & alternative use
NT · Columbia, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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