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Property profile & analytics
FOR LEASE
Medical Office Space
5900 Waterloo Rd Columbia, MD 21045
Entity Owned
13-yr Hold
Free & Clear
Property ID
US40-0943451
For Lease
1 / 4
Contact for pricing
5900 Waterloo Rd, Columbia, MD 21045
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
53,248 SF
Lot
5.67 ac (247,159 SF)
Zoning code
CCT
APN
06-438075
UPID
US40-0943451
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
-
NuSmiles Orthodontics: Dr. Eric Wu Dental Office
-
Rebecca Chamberlain Physician
-
William Kim Physician
-
Alexandra Tewell Physician
-
Bethany Fry Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reval Kinsley Waterloo LLC · 13 yrs held
Reval Kinsley Waterloo LLC
since 2012
3 recorded transactions
Zoning & alternative use
CCT · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$152,630
Tax year 2022
Assessed value
$13,933,467
Assessed 2023
Previous assessed
$13,555,100
+2.8% YoY
Effective rate
1.10%
On assessed value
Land market value
$1,481,800
Improvement market value
$13,208,400
Total market value
$14,690,200
Applied tax rate
6.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Units
2
Bathrooms
2
Total area
53,248 SF
Lot
5.67 ac (247,159 SF)
Zoning code
CCT
APN
06-438075
UPID
US40-0943451
Jurisdiction
HOWARD
Zoning & alternative use
CCT · Columbia, MD
Zoning CCT · permitted uses
CCT · 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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
2
Lot
5.67 ac
Current owner
From public records · entity-resolved
Reval Kinsley Waterloo LLC
Entity
Free & Clear · 13 yrs held
Mailing address
6259 REYNOLDS ML RD, SEVEN VALLEYS, PA 17360-8844
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
—
Reval Kinsley Waterloo LLC
—
Deed
related
$950,000 · M & T Bank
Oct 2, 2012
$861,120
Reval Kinsley Waterloo LLC
Waterloo Land No 2 LLC
Grant Deed
—
Apr 7, 2006
—
Waterloo Land 2 LLC
Jordan,raymond D & Sherrie A
Grant Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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