Financial
Distress signals
Property profile

3220 Old Washington Rd Rear Waldorf, MD 20602

FOR LEASE
Office buildings
Property ID
US40-1077718
19,281 SF 1.71 ac lot Built 1968
Last sale Dec 2023 · $650,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
3220 Old Washington Rd,Unit Rear, Waldorf, MD 20602 For Lease
$2,000/Mo 20,781 SF available
3220 Old Washington Rd,Unit Rear, Waldorf, MD 20602
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Property summary

AI-generated overview

The property includes a rear 1,500-square-foot storage building. The building is positioned adjacent to a Food Lion off Old Washington Road, and electric service is available to the storage structure. The storage building does not have water or sewer service. Local zoning restrictions limit permitted uses and specifically prohibit automotive uses. The site presents potential for leasing a storage lot and an interior building suite.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.73M
Effective rate1.34%

Value estimate

· Sep 2026
$845k
$761k – $930k
NOI build-up
Gross scheduled income$311k
Vacancy & credit loss−$26k
Operating expenses−$43k
NOI · 12,137.25% cap applied$243k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$337/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$199 – $453

Cap rate analysis

How does the asset earn?
12,137.25%
$243k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
WC
The purpose of WC zone is to provide for moderate to high density development in the pattern of the downtown core of a traditional town, ...
General categoryCOMMERCIAL
JurisdictionCHARLES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Locksmith9.3
Florist8.5

Location

3220 Old Washington Rd, Unit Rear Waldorf, MD 20602
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
99 Smallwood, Waldorf, MD 20602-2884 $730,000 Jun 2025 3,008 SF
3352 Old Washington, Waldorf, MD 20602-3204 $460,000 Apr 2025 2,672 SF
11690 Doolittle, Waldorf, MD 20602-2893 $1,200,000 Aug 2023 8,376 SF
3455 Rockefeller, Waldorf, MD 20602-2721 $3,800,000 Jan 2022 13,816 SF
27 Industrial Park, Waldorf, MD 20602-3725 $1,020,000 Nov 2021 5,248 SF
50 Post Ofc, Waldorf, MD 20602-3701 $3,900,000 Apr 2020 29,166 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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