2874 Old Washington RdWaldorf, MD 20601

  • Outlet malls
  • 6,800 SF

Property Details for 2874 Old Washington Rd

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.04 AC
Property size (Sq ft)
6,800 SF
Zone code
AUC
Property type
Outlet malls
APN
06-167357
APU
6167357

Description

This exceptional free-standing retail/flex building presents a unique investment opportunity in Waldorf, Maryland. Located at 2874 Old Washington Rd, this property boasts a substantial 6,600 square feet of space situated on a generous 1.04-acre lot. The building has recently undergone renovations, both interior and exterior, resulting in an attractive and updated aesthetic. The space features an appealing showroom area, perfectly complemented by ample warehouse or storage space, providing versatility for a wide range of businesses. Its highly visible location ensures excellent exposure to potential customers, enhancing its commercial viability. The property also offers the added benefit of pylon signage availability, further maximizing its marketing potential. The convenient location in Charles County, Maryland, zip code 20601, provides easy access for both employees and customers. A virtual tour is available for a comprehensive view of the property. This is an ideal opportunity for an owner-user or investor seeking a well-maintained, versatile commercial space in a thriving location. The property's size, features, and location combine to create a compelling investment prospect. Don't miss this chance to acquire a prime retail space in a desirable Maryland market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,583,268
    6.5%
    $2,384,555
    7%
    $2,214,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,861,883
    Geo Method
    $2,861,883
  • Alternative Use

    Use
    Valuation
    Residential
    $2,011,462
    Hospitality
    $1,842,488
    Educational
    $1,532,928
    Medical
    $1,585,648
    Retail
    $2,384,555

Location Insight

City
Waldorf
County
Charles
State
Maryland
Latitude
38.631
Longitude
-76.901
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
2023
$7,246
-
-
$524,433
-
$279,800
$281,200
$561,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].