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Class A Office Building
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6345 Woodside Court, Columbia, MD 21046

Prime location near Downtown Columbia and Merriweather District.

Property Size19,591 SF
Days on Market205

Property Features for 6345 Woodside Court

General Information

Standard status Active
Size 19,591 SF
Property subtype Office
Zoning NT (New Town)

Site & Location

Neighborhood Dasher Green

Building Details

Building Size 19,591 SF
Stories 2
Listed By: Adam Nachlas, SIOR
Source: Mackenziecommercial
Added: Apr 3 Changed: Oct 10 Last Checked: Oct 23 at 3:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adam Nachlas, SIOR

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Investment Insights

Based on property information with market context.

The Crescent at 6345 Woodside Court is a Class A office building situated less than a mile from Downtown Columbia and adjacent to the Merriweather District. The property is located in a park setting and provides parking for tenants and visitors. Commuting is facilitated by immediate access to Route 29 and connections to I-70, I-95, and Route 32. The property is owner-occupied and well-maintained, offering a professional environment in a strategic location.

Key Highlights

  • Prime location less than a mile from Downtown Columbia and adjacent to the Merriweather District.
  • Class A office building in a serene park setting.
  • Ample parking for tenants and visitors.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$313,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,278,640 $6.3M
Cap Rate 7%
$4,484,743 $4.5M
Cap Rate 9%
$3,488,133 $3.5M
Market Conditions
NOI Build-Up for 19,591 SF
Gross rent
$503.1K $25.68/SF
− Vacancy
−$84.5K −$4.31/SF
EGI
$418.6K $21.37/SF
− OpEx
−$104.6K −$5.34/SF
NOI
$313.9K $16.02/SF
Area
Columbia, MD
Vacancy
16.80%
Lease Rate
$25.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,278,640
Cap Rate 7%
$4,484,743
Cap Rate 9%
$3,488,133

Alternative Uses

Best Use
Office B
$4.48M
$3.92M – $5.23M (±1% cap)
NOI $313,932 @ 7.0% cap · market cap 1,255,728.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.23M
$5.45M – $7.27M (±1% cap)
NOI $435,992 @ 7.0% cap · market cap 1,743,968.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Spatial System Associates ... IT Consulting Firm CW Advisors Financial Advisor Blue Mountain Pharmacy Pharmacy Woodside Dental Dental Office Dr. Palak Shah Dental Office

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 21046, MD

16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Prime location near Downtown Columbia and Merriweather District.
Where is this office building located?
The property is located at 6345 Woodside Court Columbia, MD.
What are key features of this property?
This property features: Prime location less than a mile from Downtown Columbia and adjacent to the Merriweather District.; Class A office building in a serene park setting.; Ample parking for tenants and visitors.
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