Versatile Waldorf Property with
For Sale
$774,950
3130 LEONARDTOWN ROAD, Waldorf, MD 20601
Prime location with ample space and parking in Waldorf.
Property Size3,502 SF
Price / SF$221.41
Days on Market243
Property Features for 3130 LEONARDTOWN ROAD
General Information
Standard status
Active
Size
3,502 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$6,159
Building Details
Building Size
3,502 SF
Year Built
1935
Listing Agency:
CENTURY 21 Commercial New Millennium
Listed By:
Raymond W Curtis · License #579724
(301) 807-3185
Source:
Barnesrealestatecompany
Added: Feb 28
Changed: Oct 26
Last Checked: Oct 28 at 1:56PM
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 CENTURY 21 Commercial New Millennium
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Investment Insights
Based on property information with market context.
Located in the heart of downtown Waldorf, this property features excellent frontage on Leonardtown Road. The building offers over 3,500 square feet of above-ground space, complemented by a full basement with a fireplace and a walk-up, conditioned third-level attic. Constructed with hardwood flooring, the property includes a mini kitchen and 1.5 bathrooms. Additional features are fire escape stairs, oil heat, and central air conditioning. The roof, less than 15 years old, is equipped with durable 40-year architectural shingles. Situated on a large paved lot, the property provides ample parking. A detached 800 square foot garage with workshop space and a 400 square foot loft above adds flexibility. Currently occupied by an interior window treatment and blind company that is relocating out of state, this property presents an excellent opportunity for a variety of uses. A lighted sign with a timer will convey with the property.
Key Highlights
- Prime location on Leonardtown Road in downtown Waldorf with excellent frontage.
- Over 3,500 square feet of above‑ground space plus a full basement, conditioned third‑level attic, and detached garage with workshop and loft.
- Large paved lot providing ample parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,690
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,800
$793.8K
Cap Rate 7%
$567,000
$567.0K
Cap Rate 9%
$441,000
$441.0K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$63.0K $18.00/SF
− Vacancy
−$6.3K −$1.80/SF
EGI
$56.7K $16.20/SF
− OpEx
−$17.0K −$4.86/SF
NOI
$39.7K $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%
$793,800
Cap Rate 7%
$567,000
Cap Rate 9%
$441,000
Alternative Uses
Best Use
Retail
$567.0K
$496.1K – $661.5K
NOI $39,690 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$49.15M
$43.00M – $57.34M
NOI $3,440,184 @ 7.0% cap · market cap 443.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,024
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 Retail in South region
Similar Off Market Nearby
- LB Innovations Events — 2901 Festival Way, Waldorf, MD 20601
Frequently Asked Questions
What type of property is this?
Storefront property - Prime location with ample space and parking in Waldorf.
Where is this storefront property located?
The property is located at 3130 LEONARDTOWN ROAD Waldorf, MD.
What is the asking price?
The asking price for this property is $774,950.
What are key features of this property?
This property features: Prime location on Leonardtown Road in downtown Waldorf with excellent frontage.; Over 3,500 square feet of above‑ground space plus a full basement, conditioned third‑level attic, and detached garage with workshop and loft.; Large paved lot providing ample parking.
