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Property profile

10420 O'donnell Pl Waldorf, MD 20603

OFF-MARKET
Land
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Property summary

AI-generated overview

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 profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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