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    10340 O'donnell Pl Waldorf, MD 20603

    Sponsored
    For Sale
    $670,000

    Prime 1.09-acre commercial lot, lake views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.09-acre commercial land parcel presents a unique investment opportunity in the thriving Waldorf, Maryland market. Located at 10340 O'Donnell Pl, 20603, this property boasts a prime location with stunning lakefront views. Zoned PUD, it offers significant development potential. Imagine building a restaurant capable of seating 270 patrons, taking advantage of the picturesque waterfront setting. The property benefits from its proximity to a vibrant community hub, including a bustling promenade and boardwalk that hosts summertime concerts and farmers markets, ensuring high foot traffic and visibility. Furthermore, its strategic adjacency to the Simon-owned St. Charles Towne Center Mall provides unparalleled access to a large consumer base. Existing amenities within easy reach include Boston's restaurant, the Charles County Library, and the Hilton Garden Inn, adding to the area's appeal and convenience. Ample common area parking is available on-site, ensuring ease of access for patrons and employees. This is a rare chance to acquire a highly desirable commercial property in a rapidly growing area. The asking price is $670,000. Don't miss this opportunity to secure a piece of Waldorf's vibrant future.

    Property Features for 10340 O'donnell Pl

    General Information

    Property type
    Land
    Lot Size
    47,480 SF

    HighLights

    • $670,000 asking price for 1.09 acres of commercial land.
    • Located in Waldorf, MD, zoned PUD.
    • Lakefront property with capacity for a 270‑seat restaurant.
    • Features a promenade, boardwalk, and proximity to St. Charles Towne Center Mall, Boston's, Charles County Library, and Hilton Garden Inn.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.930845408401
    Latitude
    38.619876499853

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    FAQs

    What type of property is this?
    Land - Prime 1.09-acre commercial lot, lake views.
    Where is this land located?
    The property is located at 10340 O'donnell Pl Waldorf, MD.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: $670,000 asking price for 1.09 acres of commercial land.; Located in Waldorf, MD, zoned PUD.; Lakefront property with capacity for a 270-seat restaurant.
    (301) 632-6320
    Request Owner's contact information
    10340 O'donnell Pl Waldorf, MD 20603
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    Realmo Value Estimation

    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.

    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.

    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
    10340 O'donnell Pl Waldorf, MD 20603
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