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    Property profile & analytics

    Red Br Rd Columbia, MD 21045

    • Industrial properties
    • 12.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-1698479
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for Red Br Rd

    Lot size
    12.45 lot acres
    Property type
    Industrial properties
    APN
    12-000219
    APU
    12000219

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Howard
    State
    Maryland
    Longitude
    -76.8213
    Latitude
    39.2299
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      28,143 SF

      9195 Red Br Rd

      INDUSTRIAL PARK • 28,143 SF
      9195 Red Br Rd, Columbia, MD 21045-2059
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    • Value Estimation by Request
      55,269 SF

      8815 Ctr Park Dr

      INDUSTRIAL (GENERAL) • 55,269 SF
      8815 Ctr Park Dr, Columbia, MD 21045-2282
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    • Value Estimation
      $9,890,000
      88,972 SF

      6625 Dobbin Rd

      INDUSTRIAL PARK • 88,972 SF
      6625 Dobbin Rd, Columbia, MD 21045-4707
      View Details
    • Value Estimation
      $495,000
      48,502 SF

      9020 Mendenhall Ct

      INDUSTRIAL PARK • 48,502 SF
      9020 Mendenhall Ct, Columbia, MD 21045-5845
      View Details
    • Value Estimation
      $210,000
      0.15 Acres

      Northsouth Pkwy

      INDUSTRIAL (GENERAL) • 0.15 Acres
      Northsouth Pkwy, Columbia, MD 21045
      View Details
    • Value Estimation
      $470,000
      36,160 SF

      6570 Dobbin Rd

      INDUSTRIAL PARK • 36,160 SF
      6570 Dobbin Rd, Columbia, MD 21045-5855
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6.83 Acres

      Columbia Industrial Flex Space

      6.83-acre lot, 10,000 SF industrial space.
      9050 Red Branch Rd, Columbia, MD 21045
      View Details
    • $4,200,000
      29,208 SF

      Columbia Industrial Property For Sale

      Industrial property available for sale in Columbia, Maryland.
      9190 Red Branch Rd, Columbia, MD 21045
      View Details
    • Contact for pricing
      2.32 Acres

      Columbia Industrial Flex Space

      Four flex units, up to 16,318 SF.
      9017 Mendenhall Ct, Columbia, MD 21045
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    • Contact for pricing

      Stevensville Flex Space For Sale

      Flex space with loading dock, close to amenities and Bay.
      437 Log Canoe Cir, Stevensville, MD 21045
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      35,402 SF

      Flex/Industrial Space For Sale

      Flex and industrial units available for purchase.
      6798 Oak Hall Ln, Columbia, MD 21045
      View Details
    • $399,000
      1,571 SF

      Columbia Office Space: Prime Location

      1571 sq ft Office, Move-in Ready
      5405 Twin Knolls Rd, Columbia, MD 21045
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      12,240 SF

      Industrial Space for Lease

      Industrial property available for lease in Columbia, Maryland.
      8901 Herrmann Dr, Columbia, MD 21045
      View Details
    • $12 SF/Yr
      90,000 SF

      Red Branch Road Industrial Space

      Flex Warehouse Space Available Now
      9050 Red Branch Rd, Columbia, MD 21045
      View Details
    • Contact for pricing
      19,612 SF

      Columbia Flex Space For Lease

      Flex space available near I-95, Rt 1, 29, 32 and 100.
      9009 Mendenhall Ct, Columbia, MD 21045
      View Details
    • $11 SF/Yr
      11,400 SF

      Columbia Flex Space For Rent

      Flex space available for rent with 24' clear ceilings.
      9309 Snowden River Pkwy, Columbia, MD 21045
      View Details
    • $23 SF/Yr
      4,423 SF

      Industrial Space with Drive-In Bays

      4,423 SF industrial space with excellent access and amenities.
      6460 Dobbin Center Way, Columbia, MD 21045
      View Details
    • Contact for pricing
      8,410 SF

      Columbia Flex Space For Rent

      Flex space near Downtown Columbia with easy highway access.
      9151 Rumsey Rd, Columbia, MD 21045
      View Details
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    Red Br Rd
    Columbia, MD 21045
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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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