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    Property profile & analytics

    2 Irongate Dr Waldorf, MD 20602-2705

    • Auto shops
    • 3,185 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $855,000
    Last Sale
    Jan 21, 2020
    $711,380
    Location Intelligence
    Property ID
    US40-1485349
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • J.J.'s Auto Service Center / Vehicle Inspection Service / Auto Repair Shop
    • Atlantic Auto Imports / Vehicle Inspection Service / Used Car Dealer
    • Waldorf Car Rentals - Prime Rent-A-Car / Car Rental Agency
    • Prime Rent-A-Car / Car Rental Agency
    • Jimmy's Towing & Auto Service / Towing Service / Auto Repair Shop

    Property Details for 2 Irongate Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    0.74 lot acres
    Property size
    3,185 SF
    Zone code
    PUD
    Property type
    Auto shops
    APN
    06-139167
    APU
    6139167

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $700,000
      7%
      $705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $795,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $745,000
      Mixed-Use
      $580,000
      Hospitality
      $740,000
      Educational
      $570,000
      Residential Income
      $640,000
      Energy
      $565,000
      Income-Based Land
      $610,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.9104
    Latitude
    38.614
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,038
    $0.00
    $0.00
    $584,267
    -
    $256,500
    $420,400
    $676,900

    Comparable in this City

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      11745 Pika Dr

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      1,950 SF

      2010 Saint Thomas Dr

      AUTO REPAIR, GARAGE • 1,950 SF
      2010 Saint Thomas Dr, Waldorf, MD 20602-2102
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      2,880 SF

      29 Henry Frd Cir

      AUTO REPAIR, GARAGE • 2,880 SF
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      11,778 SF

      48 Industrial Park Dr

      AUTO REPAIR, GARAGE • 11,778 SF
      48 Industrial Park Dr, Waldorf, MD 20602-2707
      View Details
    • Value Estimation by Request
      4,436 SF

      3921 Saint Charles Pkwy

      AUTO REPAIR, GARAGE • 4,436 SF
      3921 Saint Charles Pkwy, Waldorf, MD 20602-2682
      View Details

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    Similar Nearby for Lease

    • $1,950 /Mo

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      WALDORF Flex/Retail Space Available

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    • Contact for pricing
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      Retail Space in Waldorf Heart

      38,120 SF retail space in central Waldorf location.
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    • $5,000 /Mo
      3,000 SF

      3,000 SF Church Space

      3,000 SF church space for rent on Billingsley Road.
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    • $1,150 /Mo

      WALDORF Office Space For Lease

      Office space available in Waldorf, MD. Ideal for professionals.
      2-G Industrial Park Dr, Waldorf, MD 20602
      View Details
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    2 Irongate Dr
    Waldorf, MD 20602-2705
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    Realmo Value Estimation

    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.

    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.

    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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