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Property profile & analytics
OFF-MARKET
Estimated value
$2,585,000
Apartment buildings
8905 Tamar Dr, Columbia, MD 21045-2709
Entity Owned
17-yr Hold
Property ID
US40-2152465
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Construction
WOOD
Total area
33,492 SF
Lot
4.07 ac (177,289 SF)
Zoning code
NT
APN
16-202797
UPID
US40-2152465
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
-
Bentana Apartments Apartment Building
-
Columbia Landing Apartments Apartment Complex
-
Orchard Crossing Townhomes Apartment Complex Townhouse Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
Howard County Housing Commissi · 17 yrs held
Howard County Housing Commissi
since 2008
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$77 / 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
$74,453
Tax year 2022
Assessed value
$6,872,800
Assessed 2023
Previous assessed
$6,872,800
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,595,600
Assessed improvement
$5,277,200
Land market value
$1,595,600
Improvement market value
$5,277,200
Total market value
$6,872,800
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
63
Total area
33,492 SF
Lot
4.07 ac (177,289 SF)
Zoning code
NT
APN
16-202797
UPID
US40-2152465
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
1972
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
2
Units
63
Lot
4.07 ac
Current owner
From public records · entity-resolved
Howard County Housing Commissi
Entity
Mailing address
9770 PATUXENT WOODS DR STE #100, COLUMBIA, MD 21046-3374
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2008
$35,750,000
Howard County Housing Commissi
Columbia Landing Apartments Ll
Grant Deed
$324,000 · Branch Banking & Trust Co
Aug 29, 2005
$31,000,000
Columbia Landing Apartments LLC
Bentana Apartments LLC
Grant Deed
$27,200,000 · Wells Fargo Bank
Mar 3, 2003
$23,500,000
Bentana Apartments
Shelter Bentana LP
Grant Deed
related
$20,250,000 · Wachovia Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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