Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5459 Waterloo Rd Ellicott City, MD 21043

    Sponsored
    For Sale
    Contact for pricing

    3.91 Acres, Rt. 100 Corridor, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    401
    This exceptional 3.91-acre commercial land parcel presents a rare development opportunity in the highly desirable Rt. 100 corridor of Ellicott City, Maryland. Located at 5459 & 5477 Waterloo Rd, in Howard County, zip code 21043 (39.2209087, -76.8071219), this raw land offers significant potential for a variety of uses. The motivated seller is eager to facilitate a swift transaction. The property's prime location along Rt. 100 ensures high visibility and accessibility, making it ideal for a range of commercial developments. Potential uses include, but are not limited to, hotel construction, medical office buildings, senior living facilities, or apartment complexes. The substantial lot size allows for considerable flexibility in design and development plans. Furthermore, the possibility exists to combine this property with adjacent land to create an even larger development footprint, enhancing the overall project scale and potential return on investment. This is a unique opportunity to acquire a significant land holding in a thriving Maryland market. Serious inquiries are encouraged. The property is zoned for commercial use.

    Property Features for 5459 Waterloo Rd

    General Information

    Property type
    Land
    Lot Size
    170,320 SF

    HighLights

    • Prime Rt. 100 frontage, ideal for development.
    • Consolidation with adjacent parcel possible for larger development footprint.
    • Optimal uses include hotel, medical office, senior living, and multifamily residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ellicott City
    County
    Howard
    State
    Maryland
    Longitude
    -76.8071219
    Latitude
    39.2209087

    Nearby Similar for Sale

    • $249,000

      Ellicott City Professional Office Condo

      Bright, move-in ready office condo with high-speed connectivity.
      5044 Dorsey Hall Dr, Ellicott City, MD 21042
      View Details
    • $529,900
      1.20 Acres

      Ellicott City Commercial Office Suites

      Renovated office suites in Ellicott City's Dorsey Hall Professional
      5094 Dorsey Hall Dr, Ellicott City, MD 21042
      View Details
    • $729,000
      3,871 SF

      Ellicott Hills 55+ Community Home

      Gated 55+ community with clubhouse, fitness center, pool, and more.
      2717 Westminster Rd, Ellicott City, MD 21043
      View Details
    • $675,000

      55+ Villa in Ellicott City

      Three-level villa with extensive landscaping, stone patio, and scenic views.
      8489 Grove Angle Rd, Ellicott City, MD 21043
      View Details
    • $2,398,688

      New Construction Assisted Living Opportunity

      New construction property suitable for assisted living or memory care.
      8325 Grove Angle Rd, Ellicott City, MD 21043
      View Details
    • $659,900

      Brick-Front Townhome in Shipley's Grant

      Three-level townhome with garage and community amenities in Ellicott City.
      5803 Lois Ln, Ellicott City, MD 21043
      View Details
    • $479,900
      1,856 SF

      Well-Maintained Townhome with Modern Updates

      Updated townhome featuring three bedrooms, finished basement, and composite deck.
      5718 Goldfinch Ct, Ellicott City, MD 21043
      View Details
    • $964,990

      Luxurious Single-Detached Home in Maryland

      Luxurious main-level living in Ellicott City, Maryland for sale.
      9976 Baker Ln, Ellicott City, MD 21042
      View Details
    • $360,000

      Established Spa Investment Property

      Two joined condo units with long-term tenant, subject to lease.
      3221-3223 Corporate Ct, Ellicott City, MD 21042
      View Details
    • Contact for pricing
      20,000 SF

      Historic Farm with Bottling Plant

      102-acre Ellicott City farm with 20,000 SF industrial building.
      4649 Sheppard Ln, Ellicott City, MD 21042
      View Details
    • $445,740
      1,938 SF

      Medical/Dental Office Condo For Sale

      Condo ideal for medical or dental office use.
      10262-10266 Baltimore National Pike, Ellicott City, MD 21042
      View Details
    • $445,740
      1,938 SF

      Ellicott City Office Space Available

      Office space available in Ellicott City, Maryland.
      10260-10268 Baltimore National Pike, Ellicott City, MD 21042
      View Details

    FAQs

    What type of property is this?
    Land - 3.91 Acres, Rt. 100 Corridor, Development Ready
    Where is this land located?
    The property is located at 5459 Waterloo Rd Ellicott City, MD.
    What are key features of this property?
    This property features: Prime Rt. 100 frontage, ideal for development.; Consolidation with adjacent parcel possible for larger development footprint.; Optimal uses include hotel, medical office, senior living, and multifamily residential.
    (410) 266-8800
    Request Owner's contact information
    5459 Waterloo Rd Ellicott City, MD 21043
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5459 Waterloo Rd
    Ellicott City, MD 21043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5459 Waterloo Rd Ellicott City, MD 21043
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.