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Property profile & analytics
OFF-MARKET
Estimated value
$20,800,000
Apartment buildings
10799 Hickory Rdg Rd, Columbia, MD 21044-3658
Individually Owned
5-yr Hold
Property ID
US40-0341004
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
110,796 SF
Lot
7 ac (304,920 SF)
Zoning code
NT
APN
15-055472
UPID
US40-0341004
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
-
Hickory Ridge Place Apartment Building Apartment Complex
-
JH PT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.80M
Owner & transaction history
Rf Hickory Ridge Limited Partnershi · 5 yrs held
Rf Hickory Ridge Limited Partnershi
since 2020
Last sale
$21.0M
4 recorded transactions
Zoning & alternative use
NT · Columbia, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$19,040,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,005,000
6.5%
$22,160,000
7%
$20,575,000
Blend value · Realmo final
$20.80M
Range $18.72M – $22.88M · ±10% · vs last sale $21.00M (Dec 28 2020)
Last sale anchor
$21.00M
Dec 28 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$188 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$82,980
Tax year 2022
Assessed value
$7,764,967
Assessed 2023
Previous assessed
$7,764,967
+0.0% YoY
Effective rate
1.07%
On assessed value
Land market value
$3,354,100
Improvement market value
$4,806,400
Total market value
$8,160,500
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
3
Units
108
Total area
110,796 SF
Lot
7 ac (304,920 SF)
Zoning code
NT
APN
15-055472
UPID
US40-0341004
Jurisdiction
HOWARD
Zoning & alternative use
NT · Columbia, MD
Zoning NT · permitted uses
NT · Columbia, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Units
108
Lot
7 ac
Current owner
From public records · entity-resolved
Rf Hickory Ridge Limited Partnershi
Individual
Mailing address
875 HOLLINS ST STE #202, BALTIMORE, MD 21201-1252
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
$21,000,000
Rf Hickory Ridge Limited Partnershi
Hickory Ridge Village Lllp
Deed
$20,700,000 · Community Development Administratio
Aug 9, 2017
—
Hickory Ridge Village Lllp
—
Grant Deed
related
$11,700,000 · Jp Morgan Chase Bk
Oct 24, 2002
$5,160,000
Hickory Ridge Village Lllp
Hickory Ridge LP
Grant Deed
related
$5,194,700 · Berkshire Mortgage Finance LP
—
—
Rf Hickory Ridge LP
—
Loan Modification
related
$354,661 · Department Of Hsng & Cmnty Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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