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

    10360 O'donnell Pl Waldorf, MD 20603

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Lakefront development opportunity, 26,572 sq ft.

    Property Features for 10360 O'donnell Pl

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Chris Shasho
    Chris Shasho

    Listing Agent: Chris Shasho

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 26,572 square foot commercial land parcel presents a unique investment opportunity in Waldorf, Maryland. Located at 10360 O'Donnell Pl, 20603, this PUD (Planned Unit Development) zoned property boasts a prime waterfront location on O'Donnell Lake. The site is ideally suited for a variety of commercial ventures, with the capacity to support a restaurant seating up to 270 patrons. The property benefits from its strategic placement within a vibrant community, adjacent to the Simon-owned St. Charles Towne Center Mall, providing significant foot traffic and consumer access. Existing amenities in the immediate vicinity include Boston's restaurant, the Charles County Library, and a Hilton Garden Inn, further enhancing the area's appeal and convenience. A picturesque promenade and boardwalk, featuring summertime concerts and a farmers market, add to the property's desirability and create a lively atmosphere. Convenient on-site common area parking is also available. This is a rare chance to acquire a substantial lakefront commercial property in a thriving Maryland location. The asking price for this exceptional opportunity is $480,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.931393909748
    Latitude
    38.619619628718

    Nearby Similar for Sale

    • New
      $549,950

      Income-Producing Commercial Property For Sale

      Commercial property with long-term national tenant in Waldorf, MD.
      3460 Old Washington Rd, Waldorf, MD 20602
      View Details
    • $350,000
      0.03 Acres

      Medical Office Investment Opportunity

      Medical office space leased to LabCorp until 2028.
      11350 Pembrooke Sq, Waldorf, MD 20603
      View Details
    • $1,850,000
      1.70 Acres

      Waldorf Automotive Repair Opportunity Zone

      Former auto repair property on Rt. 301, Waldorf, MD.
      2245 Crain Hwy, Waldorf, MD 20601
      View Details
    • $2,400,000
      2.25 Acres

      Waldorf Investment/Redevelopment Opportunity

      2.25 acre commercial property in Waldorf, MD for sale.
      3040 Leonardtown Rd, Waldorf, MD 20601
      View Details
    • $1,151,500
      9,212 SF

      Three-Story Office Space Available

      Office building with atrium, elevators, and convenient location.
      3261 Old Washington Rd, Waldorf, MD 20602
      View Details
    • Contact for pricing
      154,561 SF

      Former Sears Box Opportunity

      141,377 SF former Sears box on 10-acre site.
      11170 Mall Cir, Waldorf, MD 20603
      View Details
    • $415,000

      Waldorf Specialty Property For Sale

      Specialty property available for purchase in Waldorf, Maryland.
      3902 Newman Ct, Waldorf, MD 20602
      View Details
    • $610,000

      Waldorf Specialty Property For Sale

      Specialty property available for purchase in Waldorf, Maryland.
      8919 Cottongrass St, Waldorf, MD 20603
      View Details
    • $395,000

      Specialty Property in Waldorf, MD

      Specialty property available for sale in Waldorf, Maryland.
      5026 Nicholas Rd, Waldorf, MD 20601
      View Details
    • $312,000

      Specialty Property for Sale

      Specialty property available for purchase.
      13 King James Pl, Waldorf, MD 20602
      View Details
    • Contact for pricing

      Makerspace Coworking Offices Available

      Private offices available with shared amenities and conference rooms.
      401 Post Office Rd, Waldorf, MD 20602
      View Details
    • $424,900

      Waldorf Specialty Property For Sale

      Specialty property available for purchase in Waldorf, Maryland.
      11748 Torcello Ct, Waldorf, MD 20601
      View Details

    FAQs

    What type of property is this?
    Land - Lakefront development opportunity, 26,572 sq ft.
    Where is this land located?
    The property is located at 10360 O'donnell Pl Waldorf, MD.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: $480,000 asking price for 26,572 SF of commercial land.; Located in Waldorf, MD, zoned PUD.; Lakefront pad sites, each capable of supporting a 270-seat restaurant.
    (301) 632-6320 Call to check price and availability
    Request Owner's contact information
    10360 O'donnell Pl Waldorf, MD 20603
    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.
    10360 O'donnell Pl
    Waldorf, MD 20603
    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
    10360 O'donnell Pl Waldorf, MD 20603
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Shasho
    Chris Shasho
    Real Estate License ID: 534330
    (301) 632-6320 (301) 643-6612
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!