Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4300 Padgett Rd White Plains, MD

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    48+/- acres of wooded land with IG & WCD zoning.

    Type:LAND
    Lot size:
    48.00 Acres
    Added:
    Aug 25, 2023
    Days on Market:
    978
    Last Refresh:
    Apr 5 at 11:25 pm

    Property Features for 4300 Padgett Rd

    General Information

    Standard status
    Active
    Lot size
    48.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Harry Shasho
    Harry Shasho

    Listing agent Harry Shasho License #82336

    Listing office Shasho Consulting, P.A. Commercial Real Estate

    Listing date Aug 25, 2023

    Source Moodyscre

    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 Shasho Consulting, P.A. Commercial Real Estate

    Overview

    48 Acres of Wooded Land

    This property consists of approximately 48 acres of wooded land. It benefits from IG (Industrial General) and WCD (Watershed Conservation District) zoning. The site is accessible via a right-of-way from Padgett Road. The property has five recorded perc tests.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Building Supply Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom HVAC Service Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Plains
    County
    Charles
    State
    Maryland
    Longitude
    -76.9652
    Latitude
    38.5951

    Nearby Similar for Sale

    • $99,999

      5 Acres Woodland in White Plains

      5 acres of woodland, ideal for building or recreation.
      BILLINGSLEY Road lot: 14, WHITE PLAINS, MD 20695
      View Details
    • $1,800,000

      Residential Land in White Plains

      69.43 acre residential land in evolving residential corridor.
      8710 BILLINGSLEY Road, WHITE PLAINS, MD 20695
      View Details
    • $99,999

      5 Acres of Woodland in Maryland

      5 acres of woodland, ideal for building or recreation.
      BILLINGSLEY Road lot: 13, WHITE PLAINS, MD 20695
      View Details
    • $375,000

      Rare Two-Level Industrial Condo

      Industrial condo with a functional second floor in Charles Crossing.
      4342 CHARLES CROSSING Dr, White Plains, MD 20695
      View Details
    • $375,000

      Rare Two-Level Industrial Condo

      Industrial condo with second-floor buildout, ideal for various commercial uses.
      4342 Charles Crossing Dr, WHITE PLAINS, MD 20695
      View Details
    • $80,000

      White Plains Wooded Acreage Opportunity

      12.38 acres in White Plains, near Waldorf and La Plata.
      ROBIE / BENSVILLE ROAD, WHITE PLAINS, MD 20695
      View Details
    • $125,000

      Commercial Land Available For Sale

      Commercial land available, city sewer installation expected in 2026.
      Lot 9A Lot 9a Park Ave, WHITE PLAINS, MD 20695
      View Details
    • $49,500

      Land Parcel Near Route 301

      Land parcel near Route 301, White Plains, priced to sell.
      Theodore Green Boulevard, White Plains, MD 20695
      View Details
    • $125,000

      Land Available in White Plains

      Land with potential for development in White Plains, Maryland.
      Lot 8A Lot 8a Park Ave, WHITE PLAINS, MD 20695
      View Details
    • $125,000

      Land Available in White Plains

      Land for sale, sewer installation expected in August 2026.
      Lot 7A Lot 7a Park Ave, WHITE PLAINS, MD 20695
      View Details
    • $99,999

      5 Acres of Woodland

      5 acres of woodland in a serene, park-like setting.
      Lot 14 Billingsley Rd, WHITE PLAINS, MD 20695
      View Details
    • $1,500,000
      10 SF

      Land for Sale in Maryland

      Land available for sale in White Plains, Maryland.
      10725 Demarr Rd, White Plains, MD 20695
      View Details

    FAQs

    What type of property is this?
    Land - 48+/- acres of wooded land with IG & WCD zoning.
    Where is this land located?
    The property is located at 4300 Padgett Rd White Plains, MD.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: 48+/- Acres of land available; IG & WCD Zoning, inform about possibilities; Five recorded percs
    (301) 643-1858 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Harry Shasho
    Harry Shasho
    Real Estate License ID: 82336
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!