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    2890 Crain Hwy Waldorf, MD 20601-2803
    Property profile & analytics

    2890 Crain Hwy Waldorf, MD 20601-2803

    View on Map
    • Auto shops
    • 1,232 SF
    • 0.55 lot acres
    Off-Market
    Property ID
    US40-1079579
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sunoco Gas Station / Gas Station
    • ON CALL AUTO LLC / Auto Repair Shop
    • Bitcoin of America ATM / Currency Exchange Service / Atm
    • Bitstop Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 2890 Crain Hwy

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    1,232 SF
    Zone code
    WC
    Property type
    Auto shops
    APN
    06-039693
    APU
    6039693

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.9045
    Latitude
    38.6316
    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
    $9,052
    $0.00
    $0.00
    $660,800
    -
    $459,800
    $218,300
    $678,100

    Comparable in this City

    • Value Estimation
      $1,505,000
      10,000 SF

      2300 Old Washington Rd

      AUTO REPAIR, GARAGE • 10,000 SF
      2300 Old Washington Rd, Waldorf, MD 20601-3198
      View Details
    • Value Estimation by Request
      1,200 SF

      12093 Acton Ln

      AUTO REPAIR, GARAGE • 1,200 SF
      12093 Acton Ln, Waldorf, MD 20601-3605
      View Details
    • Value Estimation
      $1,525,000
      2,400 SF

      2245 Crain Hwy

      AUTO REPAIR, GARAGE • 2,400 SF
      2245 Crain Hwy, Waldorf, MD 20601-3166
      View Details
    • Value Estimation by Request
      1,800 SF

      2564 Old Washington Rd

      AUTO REPAIR, GARAGE • 1,800 SF
      2564 Old Washington Rd, Waldorf, MD 20601-3178
      View Details
    • Value Estimation
      $1,475,000
      6,000 SF

      2225 Crain Hwy

      AUTO REPAIR, GARAGE • 6,000 SF
      2225 Crain Hwy, Waldorf, MD 20601-3166
      View Details
    • Value Estimation
      $685,000
      2,779 SF

      2285 Crain Hwy

      AUTO REPAIR, GARAGE • 2,779 SF
      2285 Crain Hwy, Waldorf, MD 20601-3166
      View Details

    Similar Nearby for Sale

    • $1,850,000

      Former Auto Repair Dealership Property

      Two structures on Route 301 requiring inspection and rehabilitation.
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    • $1,850,000
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    • $450,000
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      Prime location with ample space and parking in Waldorf.
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      2.25 Acres

      2.25 Acres Waldorf Opportunity Zone

      2.25 acres in Waldorf, MD, zoned WC.
      3040 Leonardtown Rd, Waldorf, MD 20601
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    Similar Nearby for Lease

    • $12,000 /Mo
      74,052 SF

      Auto Repair Property on Rt.301

      Automotive repair property on Rt.301 in Waldorf, MD for lease.
      2245 Crain Hwy, Waldorf, MD 20601
      View Details
    • Contact for pricing

      Auto Repair Property on Rt. 301

      Former auto repair and service property available for rent.
      2245 Crain Hwy, Waldorf, MD 20601
      View Details
    • Contact for pricing
      4,437 SF

      Retail Space in Waldorf, MD

      Retail spaces available at a busy intersection in Waldorf.
      Festival Way, Waldorf, MD 20601
      View Details
    • Contact for pricing
      4,201 SF

      Retail Building in Central Waldorf

      4,201 SF retail building for lease in Waldorf.
      3090 Old Washington Rd, Waldorf, MD 20601
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    • $29,166
      10,744 SF

      Commercial Building Ground Lease Opportunity

      10,744 SF commercial building for lease on 1.86 acres.
      11740 Vernon Rd, Waldorf, MD 20601
      View Details
    • Contact for pricing
      5,751 SF

      Retail Space in Waldorf, MD

      Retail spaces available at a busy intersection in Waldorf.
      3022-3068 Festival Way, Waldorf, MD 20601
      View Details
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    Waldorf, MD 20601-2803
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    2890 Crain Hwy, Waldorf, MD, 20601
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