Flex Space with Bay
For Sale
Contact for pricing
2960 TECHNOLOGY PLACE #108, Waldorf, MD 20601
A rear-positioned suite offers a utility sink, restroom, and unassigned parking.
Property Size35,520 SF
Price / SF$0.00
Days on Market11
Property Features for 2960 TECHNOLOGY PLACE #108
General Information
Standard status
Active
Size
35,520 SF
Total Parking Spaces
30
Property subtype
Commercial
Additional Details
Clear Height
18 ft
Property Use
Flex
Building Details
Year Built
2007
Listing Agency:
Baldus Real Estate, Inc.
(301) 870-3131
Listed By:
Jacob R Grier · License #618640
(301) 753-2609
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 28 at 8:07AM
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 Baldus Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 2,000-square-foot flex suite in Waldorf has 18-foot ceilings, one bathroom, a utility sink, and a 10-foot-by-8-foot bay. Built in 2007, the suite occupies the rear of the building and includes access to roughly 20–30 unassigned parking spaces. Its configuration supports a mix of flex, office, or industrial operations.
Key Highlights
- 2,000 sqft. flex suite
- 18ft. high ceilings
- One 10ft x 8ft Bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$341,693
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,833,860
$6.8M
Cap Rate 7%
$4,881,329
$4.9M
Cap Rate 9%
$3,796,589
$3.8M
Market Conditions
NOI Build-Up for 35,520 SF
Gross rent
$531.7K $14.97/SF
− Vacancy
−$43.6K −$1.23/SF
EGI
$488.1K $13.74/SF
− OpEx
−$146.4K −$4.12/SF
NOI
$341.7K $9.62/SF
Area
Charles County, MD
Vacancy
8.20%
Lease Rate
$14.97 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,833,860
Cap Rate 7%
$4,881,329
Cap Rate 9%
$3,796,589
Alternative Uses
Best Use
Flex RnD
$5.24M
$4.59M – $6.11M
NOI $366,800 @ 7.0% cap · market cap 2,037,777.78%
Second Best
Industrial
$4.88M
$4.27M – $5.69M
NOI $341,693 @ 7.0% cap · market cap 1,898,294.44%
Theoretical Best
Multifamily LT 5
$498.76M
$436.41M – $581.88M
NOI $34,912,950 @ 7.0% cap · market cap 193,960,833.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
Well-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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Regal Teacup — 11700 Mall Cir, St Charles, MD 20603
- My Licka Cabinet — 3261 Old Washington Rd Suite 2020, Waldorf, MD 20602
- Kokos Kitchen Health & Wellness — 2673 Stanford Pl, Waldorf, MD 20601
Frequently Asked Questions
What type of property is this?
Flex space - A rear-positioned suite offers a utility sink, restroom, and unassigned parking.
Where is this flex space located?
The property is located at 2960 TECHNOLOGY PLACE #108 Waldorf, MD.
What are key features of this property?
This property features: 2,000 sqft. flex suite; 18ft. high ceilings; One 10ft x 8ft Bay
