14,320 SF Waldorf Retail
For Sale
$2,900,000
303 Post Office Rd, Waldorf, MD 20602
Two buildings with eight units in Waldorf, Maryland.
Property Size14,320 SF
Price / SF$202.51
Days on Market184
Property Features for 303 Post Office Rd
General Information
Standard status
Active
Size
14,320 SF
Building Details
Year Built
1987
Listing Agency:
Coldwell Banker Premier
Listed By:
Reuben J Lilly · License #304689
(301) 752-1979
Source:
Riverfoxrealty
Added: Apr 15
Changed: Oct 8
Last Checked: Oct 5 at 8:41PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,389
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,247,780
$3.2M
Cap Rate 7%
$2,319,843
$2.3M
Cap Rate 9%
$1,804,322
$1.8M
Market Conditions
NOI Build-Up for 14,320 SF
Gross rent
$257.8K $18.00/SF
− Vacancy
−$25.8K −$1.80/SF
EGI
$232.0K $16.20/SF
− OpEx
−$69.6K −$4.86/SF
NOI
$162.4K $11.34/SF
Area
Charles County, MD
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,247,780
Cap Rate 7%
$2,319,843
Cap Rate 9%
$1,804,322
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,247
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 20602, MD
28,736
Population
10,899
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
1,982
Density / Sq Mi
$108,733
Median Household Income
$56,893
Median Earnings
$1,803
Median Rent
$360,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Safeway, 10 King Street, Waldorf, MD 20601
- Post Office Road Plaza Shopping Center — St Charles, MD 20602
- Heritage Center Shopping Center — St Charles, MD 20602
- Waldorf Shoppers World — 3220 Robert S. Crain Hwy, Waldorf, MD 20603
Frequently Asked Questions
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
