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    3220 Crain Hwy Waldorf, MD 20603

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    3220 Crain Hwy Waldorf, MD 20603

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    • Retail properties & Spaces
    • 6,940 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pizza Hut / Take-out & Catering
    • Waldorf Shoppers World / Shopping Center & Mall
    • Aldi foods / Grocery & Convenience Store / Food Market

    Property Details for 3220 Crain Hwy

    Property size
    6,940 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located in the thriving Waldorf, Maryland market at 3220 Crain Hwy, zip code 20603. The property, known as Waldorf Shoppers World, is a 6,940 square foot shopping center offering multiple suites for lease. Currently, there are three available spaces, each offering flexibility in size. The minimum leasable space is 1,400 square feet, while the maximum contiguous space available is 2,500 square feet. A significant portion of the center is currently vacant, totaling 5,500 square feet, presenting a unique chance for a single tenant to occupy a substantial portion or multiple tenants to establish a presence. The property is situated in Charles County, providing access to a robust local consumer base. This is an ideal location for businesses seeking high visibility and convenient access for customers. The property's strategic location and ample space make it an attractive investment for retailers looking to expand or establish a new presence in a growing market. Serious inquiries are encouraged to explore this promising retail opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.9146
    Latitude
    38.6204

    Comparable in this City

    • Value Estimation by Request

      11355 Pembrooke Sq

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      20,142 SF

      11487 Berry Rd

      Retail properties & Spaces • 20,142 SF
      11487 Berry Rd, Waldorf, MD 20603
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      15,700 SF

      155 St Patricks Dr

      Automotive properties • 15,700 SF
      155 St Patricks Dr, Saint Charles, MD 20603
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    • Value Estimation
      $4,320,000
      125,744 SF

      11130 Mall Cir

      DEPARTMENT STORE • 125,744 SF
      11130 Mall Cir, Waldorf, MD 20603-4867
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    • Value Estimation by Request
      1,968 SF

      3260 Crain Hwy

      Individual retail properties • 1,968 SF
      3260 Crain Hwy, Waldorf, MD 20603
      View Details
    • Value Estimation
      $9,000,000
      94,128 SF

      11120 Mall Cir

      DEPARTMENT STORE • 94,128 SF
      11120 Mall Cir, Waldorf, MD 20603-4868
      View Details

    Similar Nearby for Sale

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      154,561 SF

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      Lakefront Pad Sites Available

      Lakefront pad sites suitable for restaurant use.
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    • $150,000
      0.47 Acres

      Residential Land in Waldorf, MD

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    Similar Nearby for Lease

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      Retail Space For Lease

      Retail property available for lease.
      3220 Crain Hwy, Waldorf, MD 20603
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      Flex, R&D, and Retail Space

      82-acre business community with flex, R&D, and retail space.
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      Land Available For Restaurant

      2.00 acre land available for restaurant use.
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      6,200 SF

      Land Available For Lease

      2.90 acre site suitable for convenience store/gas station.
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    • $25 SF/Yr
      2,180 SF

      Turn-Key Restaurant Space Available

      Restaurant space for rent with ample parking and signage.
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    • Contact for pricing
      3,784 SF

      Retail Space in Waldorf Marketplace

      Retail space available in a busy Waldorf shopping center.
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      View Details
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    3220 Crain Hwy
    Waldorf, MD 20603
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    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
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