Storefront Retail
3200 LEONARDTOWN RD, Waldorf, MD 20601
For Sale
Contact for pricing
Located on Leonardtown Road in Waldorf, the property is offered for sale.
Property Size8,990 SF
Price / SF$310.23
Days on Market22
Property Features for 3200 LEONARDTOWN RD
General Information
Standard status
Size
Property subtype
Listing Agency:
RE/MAX One
Listed By:
Joe Wustner · License #MD 507038
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 5:15PM
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 RE/MAX One
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail storefront property contains 8,990 square feet. It is located at 3200 Leonardtown Road in Waldorf, Maryland.
Key Highlights
- 8,990‑square‑foot retail property
- Located at 3200 Leonardtown Road in Waldorf, Maryland
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,947
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,940
$2.0M
Cap Rate 7%
$1,456,386
$1.5M
Cap Rate 9%
$1,132,744
$1.1M
Market Conditions
NOI Build-Up for 8,990 SF
Gross rent
$161.8K $18.00/SF
− Vacancy
−$16.2K −$1.80/SF
EGI
$145.6K $16.20/SF
− OpEx
−$43.7K −$4.86/SF
NOI
$101.9K $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%
$2,038,940
Cap Rate 7%
$1,456,386
Cap Rate 9%
$1,132,744
Alternative Uses
Best Use
Retail
$1.46M
$1.27M – $1.70M
NOI $101,947 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.92M – $3.89M
NOI $233,377 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
Balanced
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
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
Similar Off Market Nearby
- LB Innovations Events — 2901 Festival Way, Waldorf, MD 20601
Frequently Asked Questions
What type of property is this?
Storefront property - Located on Leonardtown Road in Waldorf, the property is offered for sale.
Where is this storefront property located?
The property is located at 3200 LEONARDTOWN RD Waldorf, MD.
What is the asking price?
The asking price for this property is $2,789,000.
What are key features of this property?
This property features: 8,990‑square‑foot retail property; Located at 3200 Leonardtown Road in Waldorf, Maryland
