Technical
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Property profile

6000 Merriweather Dr Columbia, MD 21044

FOR LEASE
Other apartment buildings
Property ID
US40-1924939
514,261 SF 3.36 ac lot Built 2020
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

The property is a multi-phased mixed-use development planned to include approximately 200,000 square feet of street-level retail, about 2,000,000 square feet of office space, nearly 1,000 residential units, roughly 250 hotel rooms, and about 100,000 square feet of civic space, organized around an open Central Plaza. The layout includes walkable retail promenades and wide sidewalks intended to support outdoor dining and events, with public space programmed year-round and featuring an outdoor ice skating rink in winter. The development is situated within an urban setting that is integrated with more than 60 acres of open space connected by paths and walkways, and it is positioned as a key element of the Downtown Columbia long-range development plan. The site is adjacent to Merriweather Post Pavilion, an outdoor amphitheater. The listing describes a specific retail offering totaling approximately 500 square feet.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 2020
Construction STEEL FRAME
Total area 514,261 SF
Lot 3.36 ac (146,449 SF)
Zoning code NT
APN 15-600858
UPID US40-1924939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6000 Merriweather Dr Columbia, MD 21044
Columbia metro Census 605404 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$197.33M

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

NT · Columbia, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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