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Property profile & analytics
FOR LEASE
Office buildings
8901 Herrmann Dr, Columbia, MD 21045
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US40-2383627
No photos on file
For Lease
$14 SF/Yr
8901 Herrmann Dr, Columbia, MD 21045
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,240 SF
Lot
1.9 ac (82,764 SF)
Zoning code
NT
APN
16-072923
UPID
US40-2383627
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
-
Maryland State Dental Association Association / Organization Education Center
-
Maryland Foundation-Dentistry Dental Office
-
FedEx Drop Box Postal Service Courier Service
-
Equinox Innovative Systems Electronics & Wireless Store (Bike/Boat/Book/etc) Store
-
CCS Presentation Systems Inc Telecommunications Service IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.54M
Owner & transaction history
Msda Charitable & Educational Found · 11 yrs held
Msda Charitable & Educational Found
since 2015
5 recorded transactions
Zoning & alternative use
NT · Columbia, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10%
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
$126 / 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
$22,616
Tax year 2022
Assessed value
$2,048,500
Assessed 2023
Previous assessed
$2,008,500
+2.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$496,500
Assessed improvement
$1,552,000
Land market value
$496,500
Improvement market value
$1,552,000
Total market value
$2,048,500
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
12,240 SF
Lot
1.9 ac (82,764 SF)
Zoning code
NT
APN
16-072923
UPID
US40-2383627
Jurisdiction
HOWARD
Zoning & alternative use
NT · Columbia, MD
Zoning NT · permitted uses
NT · 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.
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
Msda Charitable & Educational Found
Individual
Mailing address
8901 HERRMANN DR, COLUMBIA, MD 21045-5041
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2015
$1,945,000
Msda Charitable & Educational Found
J&s 8901 Herrmann LLC
Deed
$1,615,000 · Sandy Spring Bank
Apr 14, 2010
$1,989,000
J & S 8901 Herrmann LLC
8901 Herrmann LLC
Grant Deed
related
$1,051,500 · Oba Fsb
Aug 8, 2007
$2,200,000
8901 Herrmann LLC
Cwf LLC
Grant Deed
—
Dec 7, 2006
$2,200,000
8901 Herrmann LLC
Cwf LLC
Grant Deed
$2,040,000 · Manufacturers Traders & Trust
Mar 30, 1998
$935,300
Cwf LLC
Signal Perfection Ltd
Grant Deed
—
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.
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