Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6476 Dobbin Ctr Way Columbia, MD 21045-5842

    • Turn key restaurants
    • 9,680 SF
    • 5.68 lot acres
    OFF-MARKET
    Value Estimations
    $190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0840791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATI Physical Therapy / Physical Therapy Clinic / Rehabilitation Center
    • Palm Beach Tan / Tanning Salon
    • Geetha Madhuri Chintamaneni / Physical Therapist
    • Roggenart European Bakery, Bistro & Cafe / Bakery / Cafe
    • Geetha Chintamaneni / Physical Therapist

    Property Details for 6476 Dobbin Ctr Way

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.68 lot acres
    Property size
    9,680 SF
    Zone code
    NT
    Property type
    Turn key restaurants
    APN
    16-131415
    APU
    16131415

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $190,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Howard
    State
    Maryland
    Longitude
    -76.82
    Latitude
    39.1991
    CBSA code
    12580
    CBSA name
    BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $106,006
    $2,534,900
    $6,946,000
    $9,480,900
    -
    $2,534,900
    $6,946,000
    $9,480,900

    Comparable in this City

    • Value Estimation
      $235,000
      6,830 SF

      8900 Stanford Blvd, Unit A

      RESTAURANT • 6,830 SF
      8900 Stanford Blvd, Columbia, MD 21045-5805
      View Details
    • Value Estimation
      $115,000
      7,480 SF

      6191 Columbia Xing Cir

      RESTAURANT • 7,480 SF
      6191 Columbia Xing Cir, Columbia, MD 21045-8206
      View Details
    • Value Estimation
      $140,000
      2,000 SF

      5325 Phelps Luck Dr

      RESTAURANT • 2,000 SF
      5325 Phelps Luck Dr, Columbia, MD 21045-2349
      View Details
    • Value Estimation
      $180,000
      6,248 SF

      7091 Deepage Dr

      RESTAURANT • 6,248 SF
      7091 Deepage Dr, Columbia, MD 21045-5219
      View Details
    • Value Estimation
      $150,000
      6,689 SF

      8201 Snowden Riv Pkwy, Unit 1

      RESTAURANT • 6,689 SF
      8201 Snowden Riv Pkwy, Columbia, MD 21045-1947
      View Details
    • Value Estimation
      $145,000
      3,911 SF

      5810 Stevens Frst Rd

      RESTAURANT • 3,911 SF
      5810 Stevens Frst Rd, Columbia, MD 21045
      View Details

    Similar Nearby for Sale

    • $150,000
      5.65 Acres

      Restaurant Business Opportunity in Columbia

      Restaurant business for sale with liquor license in Columbia, MD.
      8808 Centre Park Dr, Columbia, MD 21045
      View Details
    • $649,600

      Columbia Commercial Building For Sale

      Class A building in a convenient business district location.
      8850 Columbia 100 Pkwy, Columbia, MD 21045
      View Details
    • Contact for pricing
      3.81 Acres

      Columbia Retail Space - Dobbin Rd.

      High-traffic retail suites, flexible layout.
      6656 Dobbin Rd, Columbia, MD 21045
      View Details
    • $399,000
      1,571 SF

      Columbia Office Space: Prime Location

      1571 sq ft Office, Move-in Ready
      5405 Twin Knolls Rd, Columbia, MD 21045
      View Details
    • $625,000

      Columbia Specialty Property For Sale

      Specialty property available in Columbia, Maryland.
      9453 Pursuit Ct, Columbia, MD 21045
      View Details
    • $629,990

      Specialty Property For Sale

      Specialty property available for purchase.
      6329 Saddle Dr E, Columbia, MD 21045
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,317 SF

      Class A Office Space Available

      Thriving office park with flexible spaces and on-site amenities.
      6420 Dobbin Rd, Columbia, MD 21045
      View Details
    • $22 SF/Yr
      16,200 SF

      Prime Columbia Office Space

      Executive suites, retail space available
      9123 Old Annapolis Rd Rt 108, Columbia, MD 21045
      View Details
    • Contact for pricing
      41,655 SF

      Columbia Retail Space For Lease

      Retail space available in Snowden Square Shopping Center.
      9021 Snowden River Pkwy, Columbia, MD 21045
      View Details
    • Contact for pricing
      1,074 SF

      Columbia Retail Space For Lease

      Retail space available in a Giant-anchored shopping center.
      7100 Cradlerock Way, Columbia, MD 21045
      View Details
    • Contact for pricing
      141,395 SF

      Columbia MD Retail Showroom Space

      8,802 SF retail space with excellent highway access.
      8909 Mcgaw Ct | Columbia, Columbia, MD 21045
      View Details
    • $32 SF/Yr
      1,949 SF

      Retail Space on Dobbin Road

      Retail space with frontage on heavily traveled Dobbin Road.
      6695 Dobbin Rd, Columbia, MD 21045
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      2.5k
    • Avg Time on site
      31 min
    Request Owner's contact information
    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.
    6476 Dobbin Ctr Way
    Columbia, MD 21045-5842
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    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.