3754 Crain Hwy Waldorf, MD 20602
Property profile & analytics
3754 Crain Hwy Waldorf, MD 20602
- Turn key restaurants
- 5,977 SF
- 1.21 lot acres
Property ID
US40-0048854
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.
Location Intelligence
Current Use by Public Records
- Carrabba's Italian Grill / Restaurant
Property Details for 3754 Crain Hwy
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.21 lot acres
- Property size
- 5,977 SF
- Zone code
- CC
- Property type
- Turn key restaurants
- APN
- 06-282512
- APU
- 6282512
Description
This exceptional investment opportunity presents a 6,187-square-foot Carrabba's Italian Grill in Waldorf, Maryland. The property boasts a 6.65% cap rate and a substantial net operating income (NOI) of $346,067. Situated on 1.21 acres with 86 parking spaces, this freestanding restaurant benefits from high visibility on Crain Highway (55,221 VPD), offering excellent access. The absolute NNN lease with Bloomin' Brands, Inc. corporate guarantee provides security, featuring approximately 7.4 years remaining on the primary term, plus four 5-year renewal options. Annual rent increases are based on the lesser of 1.75% or 1.7 times the CPI increase. Built in 2007, this location has a proven track record of success, demonstrating a 19% sales increase since 2019. The property is conveniently located 20 miles south of Washington, D.C., in a thriving community within the Washington, D.C. MSA. The asking price is $5,204,020, translating to $841.12 per square foot. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,531,000
- AI Estimate
- $1,849,000
Market price range: $580k - $2.53MMarket price range: $415k - $1.85M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,680,000 Current use
- COMMERCIAL (GENERAL)
- $3,015,000 Change: +80% Conversion: Easy
- OFFICE BUILDING
- $1,805,000 Change: +8% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,545,000 Change: -8% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,475,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waldorf
- County
- Charles
- State
- Maryland
- Longitude
- -76.928
- Latitude
- 38.6083
- 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
$52,422
$0.00
$0.00
$3,934,933
-
$787,900
$3,918,400
$4,706,300
