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    10420 O'donnell Pl Waldorf, MD 20603

    Sponsored
    For Sale
    $470,000

    Prime Waldorf location, lakefront commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23,472 square foot commercial land parcel is situated in Waldorf, Maryland, at 10420 O'Donnell Pl, zip code 20603, in Charles County. Zoned PUD, it presents a unique opportunity for development. The asking price is $470,000. This lakefront property boasts a prime location within a thriving community. Key features include proximity to the Simon-owned St. Charles Towne Center Mall, providing significant foot traffic and consumer base. Existing amenities nearby include Boston's restaurant, the Charles County Library, and a Hilton Garden Inn, further enhancing the area's appeal and convenience. The property also benefits from a picturesque promenade and boardwalk, hosting summertime concerts and farmers markets, creating a vibrant atmosphere. Each site has the potential to accommodate a restaurant with a seating capacity of 270. Convenient on-site common area parking is available, and Lot 2 requires no additional parking construction. This presents a rare opportunity to establish a successful commercial venture in a high-demand location with excellent visibility and established infrastructure. The property's lakefront setting offers unparalleled aesthetic appeal and potential for outdoor dining or recreational activities.

    Property Features for 10420 O'donnell Pl

    General Information

    Property type
    Land

    HighLights

    • 23,472 SF commercial land parcel in Waldorf, MD (20603).
    • $470,000 asking price.
    • PUD zoning allows for development opportunities.
    • Prime lakefront location near St. Charles Towne Center Mall.
    • Proximity to restaurants, library, and Hilton Garden Inn.
    • On‑site parking available; Lot 2 requires no additional parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.932164339843
    Latitude
    38.61784969596

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    FAQs

    What type of property is this?
    Land - Prime Waldorf location, lakefront commercial lot.
    Where is this land located?
    The property is located at 10420 O'donnell Pl Waldorf, MD.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: 23,472 SF commercial land parcel in Waldorf, MD (20603).; $470,000 asking price.; PUD zoning allows for development opportunities.
    (301) 632-6320
    Request Owner's contact information
    10420 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

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    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.

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    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
    10420 O'donnell Pl Waldorf, MD 20603
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