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Property profile & analytics
FOR LEASE
Outlet malls
3250 Old Washington Rd Waldorf, MD 20602
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US40-2222989
For Lease
1 / 4
Contact for pricing
3250 Old Washington Rd, Waldorf, MD 20602
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Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1965
Construction
STEEL FRAME
Total area
38,120 SF
Lot
3.25 ac (141,570 SF)
Zoning code
WC
APN
06-044581
UPID
US40-2222989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Life Changing Christian Center Church
-
United Site Services, Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.39M
Blend (final)
Blend
$2.75M
Owner & transaction history
Duke 344 LLC · 5 yrs held
Duke 344 LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
WC · Waldorf, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waldorf submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waldorf submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,790,000
ML approach
$2,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.65M (May 7 2021)
Last sale anchor
$2.65M
May 7 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,143
Tax year 2023
Assessed value
$2,328,500
Assessed 2023
Previous assessed
$2,328,500
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$424,600
Assessed improvement
$1,903,900
Land market value
$424,600
Improvement market value
$1,903,900
Total market value
$2,328,500
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Units
1
Total area
38,120 SF
Lot
3.25 ac (141,570 SF)
Zoning code
WC
APN
06-044581
UPID
US40-2222989
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
WC · Waldorf, MDZoning WC · permitted uses
WC · Waldorf, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Units
1
Lot
3.25 ac
Current owner
From public records · entity-resolved
Duke 344 LLC
Entity
Mailing address
11421 CRONHILL DR, OWINGS MILLS, MD 21117-2222
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2021
$1,500,000
Duke 344 LLC
Michael D Nord
Trustees Deed
related
$1,600,000 · Partners Bank
May 7, 2021
—
2446 LLC
—
Deed
related
$1,600,000 · Virginia Partners Bank
Aug 19, 2020
—
Bloomfield Properties LLC
—
Deed
related
$3,000,000 · Old Line Bk
Jun 18, 2004
$2,650,000
Bloomfield Properties LLC
Saturn Universal LLC
Grant Deed
$2,900,000 · Community Bank Of Tri-county
—
—
Bloomfield Properties LLC
—
Deed Of Trust
related
$50,000 · Old Line Bank
—
—
Bloomfield Properties LLC
—
Deed Of Trust
related
$3,000,000 · Old Line Bank
—
—
Bloomfield Properties LLC
—
Deed Of Trust
related
$75,000 · Community Bank Of Tri-county
—
—
Bloomfield Properties LLC
—
Deed Of Trust
related
$3,000,000 · Old Line Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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