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Property profile & analytics
FOR LEASE
Industrial properties
7020 Columbia Gateway Dr, Columbia, MD 21046
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US40-1431633
For Lease
1 / 5
$13 SF/Yr
7020 Columbia Gateway Dr, Columbia, MD 21046
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
123,043 SF
Lot
8.58 ac (373,745 SF)
Zoning code
M1
APN
06-556078
UPID
US40-1431633
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
-
Young Life Howard County Child Welfare Organization Charitable Organization
-
SUNRISE BEVERAGE COMPANY Big Box & Wholesale Store Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.62M
Comparable Approach
Comparable
$13.23M
Blend (final)
Blend
$17.75M
Owner & transaction history
Taehyun Holdings LLC · 3 yrs held
Taehyun Holdings LLC
since 2022
Last sale
$21.2M
7 recorded transactions
Zoning & alternative use
M1 · Columbia, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$28.1M
+66.7%
Office building
$25.0M
+48.5%
Warehouse, storage
$22.5M
+33.3%
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
Method
Estimation
Statistic approach
$16,590,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,000,000
6.5%
$16,615,000
7%
$15,430,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,860,000
Current use
COMMERCIAL (GENERAL)
$28,110,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$25,040,000
Change: +49% · Conversion: Difficult
WAREHOUSE, STORAGE
$22,470,000
Change: +33% · Conversion: Easy
Blend value · Realmo final
$17.75M
Range $15.98M – $19.53M · ±10% · vs last sale $21.15M (Dec 29 2022)
Last sale anchor
$21.15M
Dec 29 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
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
$102,997
Tax year 2022
Assessed value
$10,463,667
Assessed 2023
Previous assessed
$9,147,200
+14.4% YoY
Effective rate
0.98%
On assessed value
Land market value
$4,111,100
Improvement market value
$8,985,500
Total market value
$13,096,600
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 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
Industrial properties
Use group
INDUSTRIAL PARK
Status
For Lease
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
123,043 SF
Lot
8.58 ac (373,745 SF)
Zoning code
M1
APN
06-556078
UPID
US40-1431633
Jurisdiction
HOWARD
Zoning & alternative use
M1 · Columbia, MD
Zoning M1 · permitted uses
M1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.9M
COMMERCIAL (GENERAL)
Est. value
$28.1M
OFFICE BUILDING
Est. value
$25.0M
WAREHOUSE, STORAGE
Est. value
$22.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
8.58 ac
Current owner
From public records · entity-resolved
Taehyun Holdings LLC
Entity
Mailing address
5851 AMMENDALE RD, BELTSVILLE, MD 20705-1264
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$21,150,000
Taehyun Holdings LLC
7020 Columbia G LLC
Deed
$16,500,000 · Fulton Bank NA
Apr 17, 2020
$14,500,000
7020 Columbia G LLC
Mpw Enterprises LLC
Special Warranty Deed
$11,600 · Howard Bank
Feb 28, 2017
—
Mpw Ents LLC
—
Deed
related
$8,000,000 · Branch Bk&tr
Sep 28, 1999
—
Howard
Mpw Enterprises LLC
Quit Claim Deed
related
—
Aug 5, 1998
—
Mpw Enterprises LLC
Wolf,michael P
Grant Deed
$3,000,000 · Citizens National Bank
—
—
Mpw Ents LLC
—
Deed Of Trust
related
$8,000,000 · Branch Bk&tr
—
—
Mpw Ents LLC
—
Deed Of Trust
related
$3,200,000 · Branch Banking & Trust Co
—
—
Mpw Ents LLC
—
Deed Of Trust
related
$11,000,000 · Branch Banking & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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