2400 Old Washington Rd, Waldorf, MD 20601-3184
This exceptional opportunity presents 4.8 acres of combined industrial land in Waldorf, Maryland, currently bank-owned and offered at $1,400,000. The property comprises three adjacent parcels (APN: 0906123457, 0906099394, 0906048501) totaling approximately 4.83 acres, zoned CC (Community Commercial) in Charles County. This versatile zoning allows for a wide range of commercial uses. The land is generally flat and features existing structures, adding potential value or redevelopment options. Lot 2380 (1.63 acres) includes a 1,294 sq ft, two-story building previously used as a hair salon, plus a possible detached garage or shop. Lot 12095 (1.74 acres) contains a 700 sq ft, one-story cottage. Lot 2400 (2.55 acres) features a masonry building exceeding 1,800 sq ft. Lots 2380 and 2400 offer combined frontage of 360 feet on Old Washington Road, providing excellent visibility. While the existing structures offer potential, the primary value lies in the land itself. Previous appraisals (2022) valued the combined parcels at over $3.1 million. This represents a rare chance to acquire well-located, well-zoned land in the Waldorf area at a significantly reduced price. The property is ideal for various uses, including retail, light industrial, automotive, or service-based businesses. The seller is highly motivated and will consider all reasonable offers. The address encompasses 2400 Old Washington Rd, 2380 Old Washington Rd, and 12095 Hintze Pl, Waldorf, MD 20601.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Waldorf, MDWaldorf. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.