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Property profile & analytics
FOR LEASE
Office buildings
4696 Millennium Dr Belcamp, MD 21017
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US40-0091439
For Lease
1 / 2
Contact for pricing
4696 Millennium Dr, Belcamp, MD 21017
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Total area
126,673 SF
Lot
5.76 ac (250,906 SF)
Zoning code
CI
APN
01-369113
UPID
US40-0091439
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
-
Decisive Data Systems | Belcamp IT Support & Managed IT Services Maryland Tech Support Center IT Consulting Firm
-
Diversified Safety Services, LLC Occupational Safety And Health
-
Logistics Management Business Management Consultant
-
ManTech International Corporation IT Consulting Firm (Bike/Boat/Book/etc) Store
-
LMI Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.70M
Owner & transaction history
Waters Edge Corporated Campus Prop · 3 yrs held
Waters Edge Corporated Campus Prop
since 2023
5 recorded transactions
Zoning & alternative use
CI · Belcamp, 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 Belcamp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belcamp 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$77 / 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
$95,356
Tax year 2022
Assessed value
$7,515,900
Assessed 2023
Previous assessed
$9,421,600
-20.2% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,304,000
Assessed improvement
$5,211,900
Land market value
$2,304,000
Improvement market value
$5,211,900
Total market value
$7,515,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2011
Heating
YES
Cooling
YES
Stories
5
Units
1
Total area
126,673 SF
Lot
5.76 ac (250,906 SF)
Zoning code
CI
APN
01-369113
UPID
US40-0091439
Jurisdiction
HARFORD
Zoning & alternative use
CI · Belcamp, MDZoning CI · permitted uses
CI · Belcamp, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
YES
Cooling
Yes
Stories
5
Units
1
Lot
5.76 ac
Current owner
From public records · entity-resolved
Waters Edge Corporated Campus Prop
Individual
Free & Clear · 3 yrs held
Mailing address
1000 PO BOX 3472ND BLVD STE #2100, WASHINGTON, DC 20043
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
—
Waters Edge Corporated Campus Prop
Waters Edge Corporate Campus LLC
Deed
related
—
Jun 30, 2020
—
We Belcamp Tei Equities LLC
—
Deed
—
Dec 10, 2019
$17,000,000
We Belcamp Tei Equities LLC
Mtwe Lot 4 LLC
Grant Deed
$3,700,000 · Time Equities Assocs LLC
Sep 10, 2010
$948,300
Mtwe Lot 6 LLC
Waters Edge Corporate Campus L
Grant Deed
—
—
—
We Belcamp Tei Equities LLC
—
Loan Modification
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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