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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6490 Dobbin Rd Columbia, MD 21045-5826

    • Strip malls
    • 25,240 SF
    • 3.95 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1019774
    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

    • CosmoProf / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • MVA - Columbia / Department Of Motor Vehicles
    • Mercadito Express / Specialty Food Shop / Supermarket
    • Columbia Business Center / Business Service Center / Corporate Office
    • Caribeyond Restaurant / Restaurant

    Property Details for 6490 Dobbin Rd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.95 lot acres
    Property size
    25,240 SF
    Zone code
    NT
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    16-072826
    APU
    16072826

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Howard
    State
    Maryland
    Longitude
    -76.8204
    Latitude
    39.1928
    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
    $62,490
    $1,548,500
    $4,001,200
    $5,549,700
    -
    $1,548,500
    $4,001,200
    $5,549,700

    Comparable in this City

    • Value Estimation
      $12,885,000
      130,850 SF

      6111 Dobbin Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 130,850 SF
      6111 Dobbin Rd, Columbia, MD 21045-2898
      View Details
    • Value Estimation
      $4,055,000
      30,600 SF

      6151 Columbia Xing Cir

      WHOLESALE OUTLET, DISCOUNT STORE • 30,600 SF
      6151 Columbia Xing Cir, Columbia, MD 21045-8206
      View Details
    • Value Estimation
      $9,715,000
      60,496 SF

      6100 Dobbin Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 60,496 SF
      6100 Dobbin Rd, Columbia, MD 21045-5804
      View Details
    • Value Estimation
      $8,750,000
      104,548 SF

      6405 Dobbin Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 104,548 SF
      6405 Dobbin Rd, Columbia, MD 21045-4736
      View Details
    • Value Estimation
      $3,400,000
      29,567 SF

      6231 Columbia Xing Cir

      WHOLESALE OUTLET, DISCOUNT STORE • 29,567 SF
      6231 Columbia Xing Cir, Columbia, MD 21045-8201
      View Details
    • Value Estimation
      $12,640,000
      61,340 SF

      6221 Columbia Xing Cir

      WHOLESALE OUTLET, DISCOUNT STORE • 61,340 SF
      6221 Columbia Xing Cir, Columbia, MD 21045-8201
      View Details

    Similar Nearby for Sale

    • 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
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      Restaurant business for sale with liquor license in Columbia, MD.
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      Columbia Commercial Building For Sale

      Class A building in a convenient business district location.
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      Columbia Office Space: Prime Location

      1571 sq ft Office, Move-in Ready
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      Columbia Townhome with Four Bedrooms

      Four-bedroom townhome in Columbia, Maryland.
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      Move-in ready townhome featuring updated kitchen, hardwood floors, and finished basement.
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    Similar Nearby for Lease

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      2,099 SF

      Columbia MD Retail Space Available

      Retail space for lease in Columbia, Maryland shopping center.
      7170 Cradlerock Way, 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
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      28,450 SF

      Columbia Retail Opportunity

      Prime retail space in Columbia Crossing Shopping Center.
      617 Columbia Crossing Cir, Columbia, MD 21045
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      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
      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
    • 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

    Property Visit Statistics

    • Visits by month
      5.9k
    • Visitors by month
      4.9k
    • Avg Time on site
      28 min
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    6490 Dobbin Rd
    Columbia, MD 21045-5826
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    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
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