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    3022-3068 Festival Way Waldorf, MD 20601

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    For Lease
    Contact for pricing

    Retail spaces available at a busy intersection in Waldorf.

    Property size:
    5,751 SF
    Lot size:
    48.25 Acres

    Property Features for 3022-3068 Festival Way

    General Information

    Size
    5,751 SF
    Lot size
    48.25 Acres

    Source: H&R Retail - Washington, DC Agent Ray Schupp

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Waldorf, MD

    Located at the intersection of Route 301 and Route 228, this property offers high visibility and accessibility. Route 301 sees an average of 62,833 vehicles daily, while Route 228 sees 36,973. The property features a retail space of 5,751 square feet and is part of a shopping center with a strong apparel co-tenancy. Anchor, junior anchor, and small shop spaces are available. The location is home to national tenants such as HomeGoods, PetSmart, Bob’s Discount Furniture, Staples, Michaels, Ross Dress for Less, Ulta, TJ Maxx, Party City, Christmas Tree Shops and That!, and LA Fitness. Future expansion plans include an additional 60,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Charles County Plaza Shopping Center, Post Office Road Plaza Shopping Center, Sunglass Hut at Macy's, Waldorf Shoppers World, St. Charles Towne Center

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.911375
    Latitude
    38.627272

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available at a busy intersection in Waldorf.
    Where is this shopping center located?
    The property is located at 3022-3068 Festival Way Waldorf, MD.
    What are key features of this property?
    This property features: - Located at a high-traffic intersection (Route 301 and Route 228) with excellent visibility.; - Future expansion potential of 60,000 square feet.; - Strong co-tenancy with national retailers including HomeGoods, PetSmart and TJ Maxx.
    (240) 482-3611
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    3022-3068 Festival Way Waldorf, MD 20601
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    Realmo Value Estimation

    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.

    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.

    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
    3022-3068 Festival Way Waldorf, MD 20601
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