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Property profile & analytics
OFF-MARKET
Estimated value
$2,415,000
Retail space
3385 Crain Hwy, Waldorf, MD 20603-4857
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-0332017
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,200 SF
Lot
2.53 ac (110,207 SF)
Zoning code
PUD
APN
06-277152
UPID
US40-0332017
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
-
higi Medical Clinic
-
Western Union Bank Credit Union
-
Tanuja Katta Pharmacy
-
O'Reilly Auto Parts Auto Parts Store
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$2.42M
Owner & transaction history
Tria Adelphia Eight LLC · 4 yrs held
Tria Adelphia Eight LLC
since 2021
7 recorded transactions
Zoning & alternative use
PUD · Waldorf, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.4M
+38.7%
Restaurant
$3.1M
+29.0%
Warehouse, storage
$2.9M
+18.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,440,000
Current use
OFFICE BUILDING
$3,380,000
Change: +39% · Conversion: Easy
RESTAURANT
$3,145,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$2,895,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,765,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.17M – $2.66M · ±10%
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
$216 / 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
$33,837
Tax year 2023
Assessed value
$2,531,900
Assessed 2023
Previous assessed
$2,531,900
+0.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$1,067,500
Improvement market value
$1,467,700
Total market value
$2,535,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Total area
11,200 SF
Lot
2.53 ac (110,207 SF)
Zoning code
PUD
APN
06-277152
UPID
US40-0332017
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
PUD · Waldorf, MD
Zoning PUD · permitted uses
PUD · Waldorf, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waldorf. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$3.4M
RESTAURANT
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Units
1
Lot
2.53 ac
Current owner
From public records · entity-resolved
Tria Adelphia Eight LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 9167, SPRINGFIELD, MO 65801-9167
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
Oct 1, 2021
—
Tria Adelphia Eight LLC
Demetrios Nicholakos
Deed
—
Sep 27, 2019
—
Demetrios Nicholakos
Nicholakos,demetrios
Quit Claim Deed
related
—
Jan 19, 2017
—
Demetrios Nicholakos
Nicholakos,george
Quit Claim Deed
related
$1,880,000 · Cardinal Bk
Jan 11, 2016
—
Demetrios Nicholakos
Eckerd-waldorf LLC
Grant Deed
—
Mar 29, 2001
$3,735,000
Eckerd-wakdorf LLC
Eck 5 Waldorf INC
Grant Deed
$2,710,000 · Skymar Capital Corp
Jul 7, 1999
$1,300,000
Eck 5-waldorf INC
St Charles Community LLC
Grant Deed
$3,000,000 · Colonial Bank Fsb
—
—
Eckerd-waldorf LLC
—
Loan Modification
related
$1,880,000 · Cardinal Bk
—
—
Demetrios Nicholakos
—
Loan Modification
related
$1,880,000 · Cardinal 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.
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