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    Property profile & analytics

    3060 Old Washington Rd Waldorf, MD 20601-3121

    • Auto shops
    • 6,670 SF
    • 1.49 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-0359454
    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

    • Southern Tire/Waldorf Tire / Auto Repair Shop / Delivery Service
    • Southern Tire & Auto Centers / Auto Repair Shop / Tire Shop

    Property Details for 3060 Old Washington Rd

    Year built
    1948
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.49 lot acres
    Property size
    6,670 SF
    Zone code
    WC
    Property type
    Auto shops
    APN
    06-036929
    APU
    6036929

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.9065
    Latitude
    38.6257
    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
    $25,933
    $0.00
    $0.00
    $1,935,167
    -
    $459,200
    $1,840,000
    $2,299,200

    Comparable in this City

    • Value Estimation by Request
      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
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    • Value Estimation
      $1,580,000
      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
      27,556 SF

      2600 Crain Hwy

      AUTO REPAIR, GARAGE • 27,556 SF
      2600 Crain Hwy, Waldorf, MD 20601-2805
      View Details
    • Value Estimation by Request
      1,260 SF

      2330 Crain Hwy

      AUTO REPAIR, GARAGE • 1,260 SF
      2330 Crain Hwy, Waldorf, MD 20601
      View Details
    • Value Estimation by Request
      2,419 SF

      2085 Crain Hwy

      AUTO REPAIR, GARAGE • 2,419 SF
      2085 Crain Hwy, Waldorf, MD 20601-3150
      View Details

    Similar Nearby for Sale

    • $1,850,000
      1.70 Acres

      Waldorf Automotive Repair Opportunity Zone

      Former auto repair property on Rt. 301, Waldorf, MD.
      2245 Crain Hwy, Waldorf, MD 20601
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    • $2,400,000
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      Waldorf Investment/Redevelopment Opportunity

      2.25 acre commercial property in Waldorf, MD for sale.
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      6,600 SF

      Waldorf Retail Building For Sale

      Prime Retail Space, 6,600 SF, 1.04 Acres
      2874 Old Washington Rd, Waldorf, MD 20601
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    • $150,000
      12.32 Acres

      Vacant Land in Waldorf, MD

      12.32 acres of vacant land near shopping and commuter routes.
      Poplar Hill Rd, Waldorf, MD 20601
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    • $195,000
      2.08 Acres

      Residential Land in Waldorf, MD

      2-acre parcel with development potential in Waldorf, Maryland.
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    • $459,000

      Waldorf Specialty Property For Sale

      Specialty property available for purchase in Waldorf, Maryland.
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    Similar Nearby for Lease

    • Contact for pricing
      1,307 SF

      Retail Space in Waldorf, MD

      Retail spaces available at a busy intersection in Waldorf.
      3082-3088 Festival Way, 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
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    • 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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    • $25 SF/Yr
      1,400 SF

      Retail Space on Route 301

      1,400 SF retail space available on northbound Route 301.
      11701 Central Ave, Waldorf, MD 20601
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    • 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
    • Contact for pricing
      1,500 SF

      Retail Space on Crain Highway

      Retail space in Waldorf, MD with high visibility.
      2056 Crain Hwy, Waldorf, MD 20601
      View Details
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    Waldorf, MD 20601-3121
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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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