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Property profile & analytics
OFF-MARKET
Estimated value
$38,700,000
Community centers
1170 Smallwood W Dr, Waldorf, MD 20603-4759
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1128247
Property summary
AI-generated overview
St. Charles Towne Plaza, a prominent 400,000 square foot regional shopping center, presents an exceptional opportunity for retail businesses seeking immediate occupancy. Strategically located at the intersection of Crain Highway (Route 301) and Smallwood Drive in Waldorf, Maryland, this center enjoys high visibility and accessibility. The property boasts a strong anchor tenant lineup including Dollar Tree, Value City Furniture, Big Lots, and Ashley Furniture, ensuring consistent foot traffic and a vibrant shopping environment. Three suites are currently available, offering flexible space options ranging from 1,600 to 10,400 contiguous square feet. A total of 15,964 square feet is currently vacant, providing ample space for expansion or multiple tenants. Rental rates are negotiable, and net charges include a common area maintenance (CAM) fee of $2.00 per square foot (inclusive of insurance) and a prorated real estate tax of $2.11 per square foot. This is an ideal location for businesses seeking to establish or expand their presence in a thriving Charles County market. Contact us today to learn more about this exceptional retail opportunity. Immediate availability is a key advantage.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
129,075 SF
Lot
38.73 ac (1,686,948 SF)
Zoning code
PUD
APN
06-157939
UPID
US40-1128247
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SHOPPERS Waldorf Grocery & Convenience Store Food Market
-
Margo Bitcoin ATM Crypto Atm Atm
-
Shoppers (Featuring McKay's) Grocery & Convenience Store Food Market
-
MoneyGram Bank Credit Union
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$38.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.70M
Owner & transaction history
Charles Triangle LLC · 1 yrs held
Charles Triangle LLC
since 2025
Last sale
$39.0M
7 recorded transactions
Zoning & alternative use
PUD · Waldorf, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waldorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waldorf submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$41,275,000
6.5%
$38,100,000
7%
$35,380,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$37,080,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$36,860,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$30,165,000
Change: 0% · Conversion: Difficult
RESTAURANT
$26,755,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$38.70M
Range $34.83M – $42.57M · ±10% · vs last sale $39.00M (Feb 14 2025)
Last sale anchor
$39.00M
Feb 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$300 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$502,240
Tax year 2023
Assessed value
$38,563,800
Assessed 2024
Previous assessed
$38,112,467
+1.2% YoY
Effective rate
1.30%
On assessed value
Assessed land
$28,175,600
Assessed improvement
$10,388,200
Land market value
$28,175,600
Improvement market value
$10,388,200
Total market value
$38,563,800
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
6
Total area
129,075 SF
Lot
38.73 ac (1,686,948 SF)
Zoning code
PUD
APN
06-157939
UPID
US40-1128247
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PUD · Waldorf, MD
Zoning PUD · permitted uses
PUD · Waldorf, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waldorf. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$37.1M
COMMERCIAL (GENERAL)
Est. value
$36.9M
WAREHOUSE, STORAGE
Est. value
$30.2M
RESTAURANT
Est. value
$26.8M
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
38.73 ac
Current owner
From public records · entity-resolved
Charles Triangle LLC
Entity
Mailing address
4900 E DUBLIN GRANVILLE RD, COLUMBUS, OH 43081-7651
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
$39,000,000
Charles Triangle LLC
St Charles Towne Plaza LLC
Special Warranty Deed
$28,500,000 · Starwood Mortgage Capital LLC
Dec 11, 2023
—
St Charles Towne Plaza LLC
—
Deed
related
—
Jan 18, 2023
—
St Charles Towne Plaza LLC
—
Deed
related
—
Jun 30, 2022
$1,632,621
Fcpt Holdings LLC
St Charles Towne Plaza LLC
Special Warranty Deed
—
Apr 30, 2019
$2,048,199
Fcpt Holdings LLC
St Charles Towne Plaza LLC
Grant Deed
—
Jan 9, 2014
$571,507
Cft Developemnets LLC
St Charles Towne Plaza LLC
Warranty Deed
—
Jan 25, 2010
—
St Charles Town Plaza LLC
St Charles Jv
Quit Claim Deed
related
$35,000,000 · J P Morgan Chase Bank
Nov 9, 2006
—
C Co Smallwood LLC
St Charles
Grant Deed
$770,000 · Mercantile Southern Md Bank
Sep 17, 1997
—
Service Merchandise Co INC
—
Deed Of Trust
related
$3,333,383 · Chase Manhattan Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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