2242 Old Washington Rd Waldorf, MD 20601-3174
Property profile & analytics
2242 Old Washington Rd Waldorf, MD 20601-3174
- Specialty properties
- 3,315 SF
- 0.46 lot acres
Property ID
US40-0654881
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.
Location Intelligence
Current Use by Public Records
- Waldorf Animal Clinic / Veterinary Clinic
- Waldorf Animal Clinic: Reeder Stacy DVM / Veterinary Clinic
- Casem-Bennedic Angela DVM / Veterinary Clinic
- Kilmavicz John DVM / Veterinary Clinic
- Southern Kristal DVM / Veterinary Clinic
Property Details for 2242 Old Washington Rd
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 0.46 lot acres
- Property size
- 3,315 SF
- Zone code
- CC
- Property type
- Specialty properties
- APN
- 06-085997
- APU
- 6085997
Description
This exceptional investment opportunity presents a single-tenant, 3,315 square foot medical office building in Waldorf, Maryland. The property, built in 1978, is currently 100% occupied by Blue River PetCare, a national veterinary service provider with over 181 locations across the U.S. The lease, a triple-net (NNN) agreement, commenced September 15, 2016, and features a remaining term of approximately 1.6 years with two, five-year renewal options. The lease includes a corporate guarantee and boasts strong 3% annual rent bumps. The property enjoys a high occupancy rate and generates a substantial net operating income (NOI) of $135,061, resulting in a compelling 9.78% cap rate. The asking price is $1,381,000, translating to a price per square foot of $416.59. Located at 2242 Old Washington Rd, Waldorf, MD 20601, the clinic benefits from its position near major thoroughfares and numerous national retailers. The property's strong tenant, favorable lease terms, and high NOI make it an attractive investment prospect in a growing market. The building is a single-story structure situated on one lot. The median home value within a five-mile radius exceeds $400,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Waldorf
- County
- Charles
- State
- Maryland
- Longitude
- -76.8836
- Latitude
- 38.6485
- 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
$9,104
$0.00
$0.00
$664,700
-
$231,900
$521,700
$753,600
