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    3728 Crain Hwy Waldorf, MD 20603-4888

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    3728 Crain Hwy Waldorf, MD 20603-4888


    • Strip malls
    • 8,700 SF
    • 1.07 lot acres
    Off-Market
    Last Sale Dec 2, 2024
    $6,275,000
    Property ID
    US40-1538479
    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
    $6,275,000
    Show details
    Cap Rate Potential
    2.7%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Aspen Dental - Waldorf, MD / Dental Office
    • Starbucks / Cafe & Coffee Shop
    • Crumbl - Waldorf / Bakery / Take-out & Catering

    Property Details for 3728 Crain Hwy

    Year built
    2022
    Lot size
    1.07 lot acres
    Property size
    8,700 SF
    Zone code
    CC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    06-360927
    APU
    6360927

    Description

    This exceptional investment opportunity presents a 100% occupied, four-tenant shopping center in Waldorf, MD, totaling 8,485 square feet on a 1.068-acre lot. The property boasts a strong tenant lineup including Starbucks (drive-thru), Aspen Dental, Jersey Mike's, and Crumbl Cookies, all under NNN leases with credit-rated tenants and corporate guarantees. Each tenant has a remaining lease term of at least eight years, with options to extend. The property features 40 parking spaces and is situated on a signalized, hard-corner intersection of a major retail corridor with high daily traffic counts (79,400 vehicles). The location benefits from excellent visibility and proximity to other national retailers, including Walmart, Sam's Club, Target, and Lowe's, as well as a large regional mall. The strong demographics of the area, with a high average household income ($132,925) and significant residential population, ensure a robust consumer base. The property's current NOI is $400,463, yielding a 6.25% cap rate at an asking price of $6,408,000 ($755.22/sq ft). The property is zoned Community Commercial (CC) and offers a fee simple ownership structure (land and building). The presence of a nearby Kaiser Permanente medical center under construction further enhances the long-term value and stability of this investment. This is a rare opportunity to acquire a well-positioned, high-performing retail asset with significant upside potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,275,000
      ML approach
      $6,275,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Waldorf
    County
    Charles
    State
    Maryland
    Longitude
    -76.9264
    Latitude
    38.6099
    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
    $28,275
    $0.00
    $0.00
    $2,107,467
    -
    $753,600
    $1,371,700
    $2,125,300
    More about this property
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