Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6695 Dobbin Rd Columbia, MD 21045
    Back to Search
    Property profile & analytics

    6695 Dobbin Rd, Columbia, MD 21045

    View on Map
    • Turn key restaurants
    • 7,989 SF
    • 3.64 lot acres
    For Lease
    $32 SF/Yr
    View Listing →
    Retail Space on Dobbin Road For Lease
    $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
    View Listing
    Property ID
    US40-1369745
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Columbia Scuba / Vocational School / Training Center
    • Stumpy's Hatchet House / Family Recreation Center
    • Cushwa and Rad Pies Taproom / Production Facility / Brewery & Distillery

    Property Details for 6695 Dobbin Rd

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.64 lot acres
    Zone code
    NT
    Property type
    Turn key restaurants
    APN
    16-101834
    APU
    16101834

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Howard
    State
    Maryland
    Longitude
    -76.8249
    Latitude
    39.1858
    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
    $34,937
    $951,300
    $2,275,800
    $3,227,100
    -
    $951,300
    $2,275,800
    $3,227,100

    Comparable in this City

    • Value Estimation by Request
      6,830 SF

      8900 Stanford Blvd, Unit A

      RESTAURANT
      8900 Stanford Blvd, Columbia, MD 21045-5805
      View Details
    • Value Estimation by Request
      9,680 SF

      6476 Dobbin Ctr Way

      RESTAURANT
      6476 Dobbin Ctr Way, Columbia, MD 21045-5842
      View Details
    • Value Estimation by Request
      7,480 SF

      6191 Columbia Xing Cir

      RESTAURANT
      6191 Columbia Xing Cir, Columbia, MD 21045-8206
      View Details
    • Value Estimation by Request
      2,000 SF

      5325 Phelps Luck Dr

      RESTAURANT
      5325 Phelps Luck Dr, Columbia, MD 21045-2349
      View Details
    • Value Estimation by Request
      6,639 SF

      7090 Deepage Dr

      RESTAURANT
      7090 Deepage Dr, Columbia, MD 21045-5219
      View Details
    • Value Estimation by Request
      6,440 SF

      9495 Old Annapolis Rd

      RESTAURANT
      9495 Old Annapolis Rd, Columbia, MD 21045
      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
    • $280,000

      Office Condo Near Highways

      Convenient office condo near mall, lakefront, and major highways.
      5513 Twin Rd, Columbia, MD 21045
      View Details
    • Contact for pricing
      1,649 SF

      Columbia Office Space For Sale

      Office space available in Columbia, Maryland, totaling 1,649 square feet.
      8852-8800 Columbia 100 Pkwy, Columbia, MD 21045
      View Details
    • $375,000

      Columbia Office Suite for Sale

      Spacious office suite in a convenient Columbia location.
      5405 Twin Knolls Rd NW 2, Columbia, MD 21045
      View Details
    • $425,000

      Two-Story Townhouse Office Condo

      Two-story office condominium suitable for medical or professional use.
      7272 Cradlerock Way, 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
    • Contact for pricing
      3,600 SF

      Retail Space on Centre Park

      Retail space conveniently located off Rt. 100 in Columbia, MD.
      8827 Centre Park Dr, Columbia, MD 21045
      View Details
    • Contact for pricing
      28,450 SF

      Columbia Retail Space Available

      28,450 SF retail space for lease in Columbia, MD.
      6171 Columbia Crossing Cir, Columbia, MD 21045
      View Details
    • Contact for pricing

      Retail Space For Lease

      3,004 SF retail space in Columbia, MD, for lease.
      6486 Dobbin Center Way, Columbia, MD 21045
      View Details
    • Contact for pricing
      1,740 SF

      Retail Space in Columbia, MD

      Retail space available for lease in Columbia, Maryland.
      8765 Centre Park Dr, Columbia, MD 21045
      View Details
    • Contact for pricing
      869 SF

      Columbia Retail Space For Lease

      Retail space available in a Giant-anchored shopping center.
      7100 Cradlerock Way, Columbia, MD 21045
      View Details
    View Listing
    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.
    6695 Dobbin Rd
    Columbia, MD 21045
    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

    Thank You for Inquiry
    6695 Dobbin Rd, Columbia, MD, 21045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!