Lake-View Office
For Sale
$249,900
601 Post Office Road 2d, Waldorf, MD 20602
Configured with reception, four private offices, a kitchenette, storage, and a private bathroom.
Property Size1,405 SF
Price / SF$177.86
Days on Market84
Property Features for 601 Post Office Road 2d
General Information
Standard status
Active
Size
1,405 SF
Elevators
Yes
Building Details
Year Built
1989
Listing Agency:
Dehanas Real Estate Services
Listed By:
Eric H. Schulz · License #520372
(301) 399-5174
Source:
Southjerseyshorehomesfinder
Added: Jul 27
Changed: Oct 16
Last Checked: Oct 16 at 2:09PM
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 Dehanas Real Estate Services
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Investment Insights
Based on property information with market context.
This 1405 SF office unit offers a practical layout with reception, four offices, a private bathroom, a corner kitchenette, and substantial storage. Glass partitions and windows bring natural views of the lake and surrounding trees into the offices, while a private suite adds floor-to-ceiling glass and separately zoned A/C and heat. Built-ins and other upgrades are included.
The space also provides access to an outside balcony, along with elevator and stairway access. Shaded parking is available on site. Constructed in 1989, the property is located at 601 Post Office Road 2d in Waldorf, Maryland.
The space also provides access to an outside balcony, along with elevator and stairway access. Shaded parking is available on site. Constructed in 1989, the property is located at 601 Post Office Road 2d in Waldorf, Maryland.
Key Highlights
- 1405 SF office unit with reception, 4 offices, private bathroom, kitchenette, and storage
- Private suite with floor‑to‑ceiling glass and separately zoned A/C and heat
- Lake and tree views through extensive office glass windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,464
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,280
$429.3K
Cap Rate 7%
$306,629
$306.6K
Cap Rate 9%
$238,489
$238.5K
Market Conditions
NOI Build-Up for 1,405 SF
Gross rent
$34.6K $24.60/SF
− Vacancy
−$5.9K −$4.23/SF
EGI
$28.6K $20.37/SF
− OpEx
−$7.2K −$5.09/SF
NOI
$21.5K $15.28/SF
Area
Charles County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,280
Cap Rate 7%
$306,629
Cap Rate 9%
$238,489
Alternative Uses
Best Use
Office B
$306.6K
$268.3K – $357.7K
NOI $21,464 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$19.73M
$17.26M – $23.02M
NOI $1,380,988 @ 7.0% cap · market cap 552.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Configured with reception, four private offices, a kitchenette, storage, and a private bathroom.
Where is this office units located?
The property is located at 601 Post Office Road 2d Waldorf, MD.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1405 SF office unit with reception, 4 offices, private bathroom, kitchenette, and storage; Private suite with floor‑to‑ceiling glass and separately zoned A/C and heat; Lake and tree views through extensive office glass windows
