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Property profile & analytics
OFF-MARKET
Estimated value
$41,005,000
Warehouses
9325 Berger Rd, Columbia, MD 21046
Entity Owned
3-yr Hold
Free & Clear
Property ID
US40-2343431
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
STEEL FRAME
Total area
449,129 SF
Lot
21.59 ac (940,460 SF)
Zoning code
NT
APN
16-113131
UPID
US40-2343431
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$41.01M
Owner & transaction history
Snowden River Parkway Owner LLC · 3 yrs held
Snowden River Parkway Owner LLC
since 2023
7 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
$91 / 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
$346,817
Tax year 2022
Assessed value
$31,897,300
Assessed 2023
Previous assessed
$30,800,833
+3.6% YoY
Effective rate
1.09%
On assessed value
Assessed land
$5,642,700
Assessed improvement
$26,254,600
Land market value
$5,642,700
Improvement market value
$26,254,600
Total market value
$31,897,300
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 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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
449,129 SF
Lot
21.59 ac (940,460 SF)
Zoning code
NT
APN
16-113131
UPID
US40-2343431
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
1967
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
21.59 ac
Current owner
From public records · entity-resolved
Snowden River Parkway Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
—
Snowden River Parkway Owner LLC
Snowden River Parkway LLC
Re-recorded Document
related
—
May 4, 2022
—
Gpt Snowden River Parkway Owner LLC
—
Deed
related
$176,000,000 · Morgan Stanley Private Bank NA
Oct 18, 2018
—
Gpt Snowden River Parkway Owner LLC
—
Deed
related
$250,000,000 · Bank Of Americana
Apr 28, 2017
$29,200,000
Gpt Snowden Riv Parkway Owner
Mim-hayden Bwi Indl Ptrs LP
Grant Deed
—
Jun 26, 2013
$22,400,000
Mim-hayden Bwi Industrial
Realty Associates Fund Vi LP
Grant Deed
—
Mar 7, 2008
—
Realty Associates Fund Vi
—
Deed Of Trust
related
$111,000,000 · Prudential Insurance Co
Jan 9, 2004
$25,641,360
Realty Assocaites Fund Vi LLP
Wxiii/col Real Estate LLC
Grant Deed
related
—
Jul 25, 2001
—
Csfb 1998-p1 Columbia Executiv
Walallan Corp
Grant Deed
related
—
—
—
Wxiii/col Real Estate LLC
—
Deed Of Trust
related
$12,400,000 · Fremont Investment & Loan
—
—
Realty Associates Fund Vi LP
—
Deed Of Trust
related
$330,000 · Prudential Insurance 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.
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