14,320 SF Waldorf Retail
303 POST OFFICE Rd Waldorf, MD 20602
303 POST OFFICE Rd, Waldorf, MD, 20602
$2,900,000
For Sale
$2,900,000
Two buildings with eight units in Waldorf, Maryland.
Property Size14,320 SF
Price / SF$202.51
Days on Market93
Property Features for 303 POST OFFICE Rd
General Information
- Standard status
- Active
- Size
- 14,320 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing Agency
COLDWELL BANKER PREMIER
(301) 752-1979
Listed by
Reuben J Lilly
(301) 752-1979
Source
Elliman
Added: Apr 15 Checked: Jul 16 at 9:30 am
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 COLDWELL BANKER PREMIER
Investment Insights
Based on property information with market context.
This commercial property features two buildings with a total area of 14,320 square feet. The property is divided into 8 units. The location has a Walk Score of 20, indicating car-dependence, and a Bike Score of 31, suggesting it is somewhat bikeable.
Key Highlights
- 14,320 square foot buildings
- 8 total units
- Two separate buildings
Local Financial Insights For Retail
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 | $257.8k | $18.00 |
| − Vacancy | −$25.8k | −$1.80 |
| EGI | $232.0k | $16.20 |
| − OpEx | −$69.6k | −$4.86 |
| NOI | $162.4k | $11.34 |
14,320 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.32M
$2.03M – $2.71M
NOI $162,389 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$201.08M
$175.94M – $234.59M
NOI $14,075,266 @ 7.0% cap · market cap 485.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Affordable & Aesthetic Dental ...
Dental Office
Dr. Gurpreet Sethi ...
Dental Office
Natural Resources Conservation
Sustainability Organization
Results Realty
Real Estate Agency
KayLeShai Beauty
Spa & Massage Center
Similar For Sale Nearby
Similar Off Market Nearby
- Post Office Road Plaza Shopping Center — St Charles, MD 20602
- Waldorf Shoppers World — 3220 Robert S. Crain Hwy, Waldorf, MD 20603
- Heritage Center Shopping Center — St Charles, MD 20602
- Coinstar Kiosk | Bitcoin ATM — Safeway, 10 King Street, Waldorf, MD 20601
FAQs
What type of property is this?
Shopping center - Two buildings with eight units in Waldorf, Maryland.
Where is this shopping center located?
The property is located at 303 POST OFFICE Rd Waldorf, MD.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 14,320 square foot buildings; 8 total units; Two separate buildings
