2874 Old Washington Rd Waldorf, MD 20601
- Outlet malls
- 6,800 SF
- 1.04 lot acres
Current Use by Public Records
- Cabinet Era Waldorf - Wholesale Cabinets and Vanities / Cabinet Store / Cabinet Maker
Property Details for 2874 Old Washington Rd
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.04 lot acres
- Property size
- 6,800 SF
- Zone code
- AUC
- Property type
- Outlet malls
- APN
- 06-167357
- APU
- 6167357
Description
This exceptional free-standing retail/flex building presents a unique investment opportunity in Waldorf, Maryland. Located at 2874 Old Washington Rd, this property boasts a substantial 6,600 square feet of space situated on a generous 1.04-acre lot. The building has recently undergone renovations, both interior and exterior, resulting in an attractive and updated aesthetic. The space features an appealing showroom area, perfectly complemented by ample warehouse or storage space, providing versatility for a wide range of businesses. Its highly visible location ensures excellent exposure to potential customers, enhancing its commercial viability. The property also offers the added benefit of pylon signage availability, further maximizing its marketing potential. The convenient location in Charles County, Maryland, zip code 20601, provides easy access for both employees and customers. A virtual tour is available for a comprehensive view of the property. This is an ideal opportunity for an owner-user or investor seeking a well-maintained, versatile commercial space in a thriving location. The property's size, features, and location combine to create a compelling investment prospect. Don't miss this chance to acquire a prime retail space in a desirable Maryland market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $540,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $535,000
- Retail
- $490,000
- Mixed-Use
- $545,000
- Hospitality
- $475,000
- Educational
- $575,000
- Residential Income
- $505,000
- Energy
- $580,000
- Income-Based Land
- $540,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Waldorf
- County
- Charles
- State
- Maryland
- Longitude
- -76.901
- Latitude
- 38.631
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA