Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23-25 Henry Ford Circle Waldorf, MD 20602

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,300,000

    Two 10,000 SF flex buildings available for purchase.

    Type:Industrial
    Property size:
    10,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    131
    Last Refresh:
    Mar 29 at 10:46 pm

    Property Features for 23-25 Henry Ford Circle

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Alan Coppola

    Listing agent Alan Coppola

    Listing office KLNB - Columbia

    Listing date Nov 21, 2025

    Source Naiglobal

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

    All listing content including descriptions, pricing, images are the copyrighted material of KLNB - Columbia

    Overview

    Two Flex Buildings For Sale

    Two flex buildings, each with 10,000 square feet of space, are available for sale. The buildings can be purchased separately. The property's net operating income (NOI) is $129,444, with a projected year two NOI of $192,888.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Legacy Carryout & Catering — 3645 Leonardtown Rd, Waldorf, MD 20602
    • My Licka Cabinet — 3261 Old Washington Rd Suite 2020, Waldorf, MD 20602
    • Divine Goodness — 150 Post Office Rd Suite 1187, Waldorf, MD 20602
    • Charismatic Creations — 14 Irongate Dr STE B, Waldorf, MD 20602

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.8973
    Latitude
    38.6131

    Nearby Similar for Sale

    • $549,950

      Income-Producing Commercial Property For Sale

      Commercial property with long-term national tenant in Waldorf, MD.
      3460 OLD WASHINGTON Road unit: 203, WALDORF, MD 20602
      View Details
    • $1,850,000

      Waldorf Automotive Repair Opportunity Zone

      Former auto repair property on Rt. 301, Waldorf, MD.
      2245 CRAIN Highway, WALDORF, MD 20601
      View Details
    • $425,000

      Medical Office Condo For Sale

      1,879 SF medical office condominium in Waldorf, Maryland.
      3450 OLD WASHINGTON Road unit: 202, WALDORF, MD 20602
      View Details
    • $445,000
      1,879 SF

      Medical Office Condo For Sale

      Medical office condominium in Waldorf, Maryland. Ideal for owner-user.
      3450 OLD WASHINGTON ROAD 202, WALDORF, MD 20602
      View Details
    • $350,000

      Medical Office Investment Opportunity

      Medical office space leased to LabCorp until 2028.
      11350 PEMBROOKE Square unit: F301, WALDORF, MD 20603
      View Details
    • $350,000
      1,449 SF

      Medical Office Investment Opportunity

      Medical office space leased to LabCorp until 2028.
      11350 PEMBROOKE SQUARE F301, WALDORF, MD 20603
      View Details
    • $254,900

      Versatile Flex Space with Warehouse

      Flex space with office, warehouse, and drive-in door.
      3440 Rockefeller Ct #3440, WALDORF, MD 20602
      View Details
    • $3,800,000
      650 SF

      NNN Leased Investment Opportunity

      NNN leased investment with Goddard School tenant until October 2030.
      7005 Saint Florian Dr, WALDORF, MD 20603
      View Details
    • Contact for pricing
      2,401 SF

      Professional Office Space For Sale

      Campus-style office space near St. Charles Town Center.
      11325 Pembrooke Square, Unit 116, Waldorf, MD 20603
      View Details
    • $299,900

      Retail/Medical/Office Unit For Sale

      Versatile unit suitable for retail, medical, or professional office.
      12106 OLD LINE CENTER R-8-B, WALDORF, MD 20602
      View Details
    • $745,000
      3,754 SF

      Waldorf Office Space For Sale

      Office space available for purchase in Waldorf, Maryland.
      12090 Old Line Ctr #R10A, Waldorf, MD 20601
      View Details
    • Contact for pricing
      12,000 SF

      Pembrooke Square Office Condo Units

      Office condo units for sale in Pembrooke Square.
      11355 Pembrooke Square, Waldorf, MD 20603
      View Details

    FAQs

    What type of property is this?
    Flex space - Two 10,000 SF flex buildings available for purchase.
    Where is this flex space located?
    The property is located at 23-25 Henry Ford Circle Waldorf, MD.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Two 10,000 square foot flex buildings; NOI = $192,888 in Year 2; NOI = $129,444 in Year 1
    (443) 574-1404
    We can help!
    Listing Contact
    Alan Coppola
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!