Freestanding Showroom/Warehouse with Glass
For Sale
$4,500,000
2640 CRAIN HIGHWAY, Waldorf, MD 20601
Freestanding showroom/warehouse with glass front, 2nd-floor office with kitchen and balcony, and easy highway access.
Property Size13,671 SF
Price / SF$329.16
Days on Market60
Property Features for 2640 CRAIN HIGHWAY
General Information
Standard status
Active
Size
13,671 SF
Property subtype
Retail
Building Details
Building Size
13,671 SF
Year Built
1987
Listing Agency:
Action Real Estate Services, Inc.
(301) 885-6316
Listed By:
Claude H Humbert II · License #06031
(301) 885-6316
Source:
Kerishull
Added: Jun 1
Changed: Jul 30
Last Checked: Jul 30 at 12:06PM
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.
2640 CRAIN HIGHWAY, WALDORF, MD 20601: a freestanding showroom/warehouse built in 1987 with architectural block construction and a glass front. The building includes 2nd-floor office space with a kitchen and a balcony, providing space that can support on-site management or customer-facing use.
Located on northbound RT 301 between an auto dealership and an office building, the property benefits from heavy daily traffic, with over 50,000 drive passes per day. Access is described as easy in and out from the busy highway, supporting visibility and convenient customer or employee arrival.
With approximately 13,671 SF of building size, the property is offered as a versatile facility with multiple possible uses for a showroom, warehousing, or combined operations where visibility and straightforward highway access matter.
Located on northbound RT 301 between an auto dealership and an office building, the property benefits from heavy daily traffic, with over 50,000 drive passes per day. Access is described as easy in and out from the busy highway, supporting visibility and convenient customer or employee arrival.
With approximately 13,671 SF of building size, the property is offered as a versatile facility with multiple possible uses for a showroom, warehousing, or combined operations where visibility and straightforward highway access matter.
Key Highlights
- Over 50,000 drive passes this location daily on northbound RT 301
- Easy in and out access on the busy highway with great visibility
- Architectural block construction with a glass front
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 3.55%
Second Best
Retail
$2.21M
$1.94M – $2.58M
NOI $155,029 @ 7.0% cap · market cap 3.45%
Theoretical Best
Multifamily LT 5
$191.96M
$167.97M – $223.96M
NOI $13,437,357 @ 7.0% cap · market cap 298.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20601, MD
27,789
Population
10,560
Households
2.6
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
47.8 sq mi
ZIP Area
581
Density / Sq Mi
$120,278
Median Household Income
$59,004
Median Earnings
$2,154
Median Rent
$380,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lowe's Home Improvement — 2525 Robert S. Crain Hwy, Waldorf, MD 20601
- Marlo Furniture — 11800 holly ln, waldorf, md 20601
Frequently Asked Questions
What type of property is this?
Showroom - Freestanding showroom/warehouse with glass front, 2nd-floor office with kitchen and balcony, and easy highway access.
Where is this showroom located?
The property is located at 2640 CRAIN HIGHWAY Waldorf, MD.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Over 50,000 drive passes this location daily on northbound RT 301; Easy in and out access on the busy highway with great visibility; Architectural block construction with a glass front
