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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Turn key restaurants
3610 Crain Hwy, Waldorf, MD 20603-4810
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-0404212
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
WOOD
Total area
5,446 SF
Lot
1.76 ac (76,666 SF)
Zoning code
RO
APN
06-117678
UPID
US40-0404212
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
-
Mariachis Tequileria Restaurant II Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.49M
Owner & transaction history
Dbapplef LLC · 17 yrs held
Dbapplef LLC
since 2008
6 recorded transactions
Zoning & alternative use
RO · Waldorf, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+7.5%
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
RESTAURANT
$1,530,000
Current use
OFFICE BUILDING
$1,645,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,410,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,345,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±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
$273 / 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
$22,469
Tax year 2023
Assessed value
$1,673,700
Assessed 2023
Previous assessed
$1,673,700
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,003,500
Assessed improvement
$670,200
Land market value
$1,003,500
Improvement market value
$670,200
Total market value
$1,673,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,446 SF
Lot
1.76 ac (76,666 SF)
Zoning code
RO
APN
06-117678
UPID
US40-0404212
Jurisdiction
CHARLES
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RO · Waldorf, MD
Zoning RO · permitted uses
RO · 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
RESTAURANT Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RESTAURANT Current
OFFICE BUILDING
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Dbapplef LLC
Entity
Mailing address
476 NAYLOR PL, ALEXANDRIA, VA 22304-2227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2012
—
Potomac Family Dining Group
—
Deed Of Trust
related
$38,800,000 · General Electric Capital Corp
Jul 24, 2008
$1,794,125
Dbapplef LLC
Aov Transitory Merger Sub LLC
Deed
$230,500,000 · Wells Fargo Bank NA
Dec 14, 2007
—
Aov Transitory Merger Sub LLC
Applebees Of Virginia INC
Grant Deed
—
Nov 25, 2002
$1,847,920
Applebees Of Virginia INC
Apple Capitol Group LLC
Grant Deed
related
—
May 17, 1999
$1,630,000
Apple Capitol Group LLC
Avado Brands INC
Grant Deed
$8,492,000 · Lehman Brothers Holdings INC
May 27, 1998
—
Apple South INC
Apple South Of Maryland INC
Quit Claim Deed
related
—
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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