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    7020 Columbia Gateway Dr Columbia, MD 21046
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    Property profile & analytics

    7020 Columbia Gateway Dr Columbia, MD 21046

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    • Industrial properties
    • 123,043 SF
    • 8.58 lot acres
    For Sale
    $17,750,000
    View Listing →
    Columbia Gateway Industrial Building For Sale
    $17,750,000
    123,043 SF

    Columbia Gateway Industrial Building

    123,043 SF industrial building in Columbia Gateway Development.

    7020 Columbia Gateway Drive, Columbia, MD 21046
    View Listing
    Property ID
    US40-1431633
    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
    6.5%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Young Life Howard County / Child Welfare Organization / Charitable Organization
    • SUNRISE BEVERAGE COMPANY / Big Box & Wholesale Store / Bar & Pub

    Property Details for 7020 Columbia Gateway Dr

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    8.58 lot acres
    Property size
    123,043 SF
    Zone code
    M1
    Property type
    Industrial properties
    APN
    06-556078
    APU
    6556078

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $16,590,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $18,000,000
      6.5%
      $16,615,000
      7%
      $15,430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,234,000
      Market price range: $12.8M - $25.6M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Howard
    State
    Maryland
    Longitude
    -76.8039
    Latitude
    39.1753
    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
    $102,997
    $0.00
    $0.00
    $10,463,667
    -
    $4,111,100
    $8,985,500
    $13,096,600

    Comparable in this City

    • Value Estimation by Request
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      9305-9307 Gerwig Ln, Columbia, MD 21046
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    • Value Estimation by Request
      8.82 Acres

      Robert Fulton Dr

      INDUSTRIAL (GENERAL) • 8.82 Acres
      Robert Fulton Dr, Columbia, MD 21046
      View Details
    • Value Estimation by Request
      2.61 Acres

      Snowden Riv Pkwy

      INDUSTRIAL (GENERAL) • 2.61 Acres
      Snowden Riv Pkwy, Columbia, MD 21046
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    • Value Estimation by Request
      0.22 Acres

      Snowden Sq Dr

      INDUSTRIAL (GENERAL) • 0.22 Acres
      Snowden Sq Dr, Columbia, MD 21046
      View Details
    • Value Estimation by Request
      5.22 Acres

      Columbia Gtwy Dr

      INDUSTRIAL (GENERAL) • 5.22 Acres
      Columbia Gtwy Dr, Columbia, MD 21046
      View Details
    • Value Estimation by Request
      17.57 Acres

      Old Columbia Rd

      INDUSTRIAL (GENERAL) • 17.57 Acres
      Old Columbia Rd, Columbia, MD 21046
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      123,043 SF

      Columbia Industrial Building with Warehouse

      123,043 SF industrial building with warehouse and office space.
      7020 Columbia Gateway Dr, Columbia, MD 21046
      View Details
    • Contact for pricing

      Columbia Gateway Industrial Building

      123,043 SF industrial building in Columbia Gateway Development.
      7020 Columbia Gateway Dr, Columbia, MD 21046
      View Details
    • $10,000,000
      30,336 SF

      Free-Standing Data Center Available

      Vacant data center with existing equipment and infrastructure included.
      9100 Guilford Rd, Columbia, MD 21046
      View Details
    • $3,450,000
      22,343 SF

      Office and Dock-Loading Space

      Office space with dock-loading, easy access to major routes.
      9115 Guilford Rd, Columbia, MD 21046
      View Details
    • Contact for pricing
      7.71 Acres

      Prime Columbia Office Suites for Lease

      Modern, fully-built office spaces in prime location.
      7230 Lee Deforest Dr, Columbia, MD 21046
      View Details

    Similar Nearby for Lease

    • $61 SF/Yr

      Industrial Space Available For Lease

      20,300 square foot industrial property available for lease.
      9689 Gerwig Ln, Columbia, MD 21046
      View Details
    • Contact for pricing

      Flex Space in Columbia

      2,000 SF flex space available for lease.
      9691 Gerwig Ln, Columbia, MD 21046
      View Details
    • Contact for pricing
      6,498 SF

      Columbia Office and Flex Space

      Office and flex space with easy access to major routes.
      9125 Guilford Rd, Columbia, MD 21046
      View Details
    • Contact for pricing

      Chapel

      First Baptist Church of Guilford Chapel
      1 Baptist Church Of Guilford Chapel, Columbia, MD 21046
      View Details
    • Contact for pricing
      102,507 SF

      Columbia Warehouse Space Available

      102,507 sq ft warehouse space for lease.
      7077-7081 Oakland Mills Rd, Columbia, MD 21046
      View Details
    • Contact for pricing
      434,490 SF

      Columbia Warehouse Space Available

      Large warehouse space available for lease in Columbia, Maryland.
      8901 Snowden River Pkwy, Columbia, MD 21046
      View Details
    View Listing
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    Columbia, MD 21046
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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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