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Property profile & analytics
FOR LEASE
Office buildings
9891 Broken Land Pkwy, Columbia, MD 21046
Entity Owned
6-yr Hold
Free & Clear
Property ID
US40-0735561
For Lease
1 / 2
$14,465,000
9891 Broken Land Pkwy, Columbia, MD 21046
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
BRICK
Total area
72,664 SF
Lot
5.18 ac (225,641 SF)
Zoning code
NT
APN
16-072788
UPID
US40-0735561
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
-
Instrumentation Laboratory Medical Laboratory
-
Columbia Dental Excellence Dental Office
-
MemEx:Online (Bike/Boat/Book/etc) Store Corporate Office
-
Fidelity National Title Title Company
-
Pearson Professional Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.90M
CAP Approach
CAP
$19.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.47M
Owner & transaction history
Fkw Woodmere LLC · 6 yrs held
Fkw Woodmere LLC
since 2020
Last sale
$16.9M
1 recorded transaction
Zoning & alternative use
NT · Columbia, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$21.7M
+46.7%
Commercial (general)
$16.6M
+12.3%
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
$15,320,000
ML approach
$9,900,000
CAP Approach
CAP Return
Estimation
6%
$20,700,000
6.5%
$19,110,000
7%
$17,745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,785,000
Current use
RETAIL STORES
$21,695,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$16,600,000
Change: +12% · Conversion: Easy
WAREHOUSE, STORAGE
$13,270,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$14.47M
Range $13.02M – $15.91M · ±10% · vs last sale $16.90M (Jun 18 2020)
Last sale anchor
$16.90M
Jun 18 2020
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
$199 / 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
$105,703
Tax year 2022
Assessed value
$9,481,200
Assessed 2023
Previous assessed
$9,387,433
+1.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,030,700
Assessed improvement
$7,450,500
Land market value
$2,030,700
Improvement market value
$7,450,500
Total market value
$9,481,200
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1987
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
1
Total area
72,664 SF
Lot
5.18 ac (225,641 SF)
Zoning code
NT
APN
16-072788
UPID
US40-0735561
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.8M
RETAIL STORES
Est. value
$21.7M
COMMERCIAL (GENERAL)
Est. value
$16.6M
WAREHOUSE, STORAGE
Est. value
$13.3M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1987
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
1
Lot
5.18 ac
Current owner
From public records · entity-resolved
Fkw Woodmere LLC
Entity
Free & Clear · 6 yrs held
Mailing address
8601 ROBERT FULTON DR STE #100, COLUMBIA, MD 21046-2599
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2020
$16,900,000
Fkw Woodmere LLC
Gateway Connecticut Prop LLC
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.
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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