Freestanding
2640 Crain Highway Waldorf, MD 20601
2640 Crain Highway, Waldorf, MD, 20601
$4,950,000
For Sale
$4,950,000
Freestanding showroom/warehouse with a glass front and second-floor office space, including a kitchen and balcony.
Property Size13,671 SF
Price / SF$362.08
Days on Market62
Property Features for 2640 Crain Highway
General Information
- Standard status
- Active
- Size
- 13,671 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agency
Action Real Estate Services, Inc.
(301) 885-6316
Listed by
Claude Humbert
(301) 885-6316
Source
Xome
Added: May 21 Updated: Jul 21 at 2:37PM Checked: Jul 21 at 2:37PM
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 Action Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This freestanding showroom/warehouse features architectural block construction and a glass front. The building includes second-floor office space with a kitchen and a balcony.
The property is located on the northbound RT 301, positioned between an auto dealership and an office building. Public remarks indicate over 50,000 drive passes daily and emphasize easy in-and-out access with visibility from the busy highway.
The building configuration supports multiple on-site use possibilities, combining a showroom/warehouse setting with dedicated second-floor office space.
The property is located on the northbound RT 301, positioned between an auto dealership and an office building. Public remarks indicate over 50,000 drive passes daily and emphasize easy in-and-out access with visibility from the busy highway.
The building configuration supports multiple on-site use possibilities, combining a showroom/warehouse setting with dedicated second-floor office space.
Key Highlights
- Freestanding showroom/warehouse with a glass front and second‑floor office space
- Second‑floor office includes a kitchen and a balcony
- Heat pump HVAC and interior finishes include ceramic tile and concrete flooring
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.7k | $14.97 |
| − Vacancy | −$16.8k | −$1.23 |
| EGI | $187.9k | $13.74 |
| − OpEx | −$28.2k | −$2.06 |
| NOI | $159.7k | $11.68 |
13,671 SF · lease $14.97/SF/yr · vacancy 8.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,692 @ 7.0% cap · market cap 3.23%
Second Best
Retail
$2.21M
$1.94M – $2.58M
NOI $155,029 @ 7.0% cap · market cap 3.13%
Theoretical Best
Multifamily LT 5
$191.96M
$167.97M – $223.96M
NOI $13,437,357 @ 7.0% cap · market cap 271.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
See-Thru Windows, Doors ...
Renovation Specialist
Bath Planet of Southern ...
Renovation Specialist
DMV Bath & Shower ...
Renovation Specialist
Charlie Browns
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Flex space - Freestanding showroom/warehouse with a glass front and second-floor office space, including a kitchen and balcony.
Where is this flex space located?
The property is located at 2640 Crain Highway Waldorf, MD.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Freestanding showroom/warehouse with a glass front and second‑floor office space; Second‑floor office includes a kitchen and a balcony; Heat pump HVAC and interior finishes include ceramic tile and concrete flooring
