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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5975 Crain Hwy La Plata, MD 20646-4264

    • Outlet malls
    • 6,852 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimations
    $1,390,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US40-2250000
    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.

    Current Use by Public Records

    • Outlet malls

    Property Details for 5975 Crain Hwy

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.56 lot acres
    Property size
    6,852 SF
    Zone code
    CC
    Property type
    Outlet malls
    APN
    06-023614
    APU
    6023614

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,676,000
      Market price range: $610k - $2.61M
      AI Estimate
      $1,103,000
      Market price range: $349k - $1.79M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,490,000
      Current use
      OFFICE BUILDING
      $1,960,000
      Change: +32% Conversion: Easy
      RESTAURANT
      $1,925,000
      Change: +29% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,850,000
      Change: +24% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,630,000
      Change: +9% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,375,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    La Plata
    County
    Charles
    State
    Maryland
    Longitude
    -76.9862
    Latitude
    38.548
    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
    $19,356
    $0.00
    $0.00
    $1,285,467
    -
    $501,700
    $793,900
    $1,295,600

    Comparable in this City

    • Value Estimation
      $12,315,000
      137,862 SF

      300 Rosewick Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 137,862 SF
      300 Rosewick Rd, La Plata, MD 20646-4227
      View Details
    • Value Estimation
      $615,000
      3,360 SF

      9385 Ww Industrial Rd

      AUTO REPAIR, GARAGE • 3,360 SF
      9385 Ww Industrial Rd, La Plata, MD 20646
      View Details
    • Value Estimation
      $830,000
      3,519 SF

      9622 Rosewick Rd

      AUTO REPAIR, GARAGE • 3,519 SF
      9622 Rosewick Rd, La Plata, MD 20646
      View Details
    • Value Estimation by Request
      5,000 SF

      135 Rosewick Cor Pl

      Individual retail properties • 5,000 SF
      135 Rosewick Cor Pl, La Plata, MD 20646
      View Details
    • Value Estimation by Request
      2,576 SF

      9350 Ww Industrial Rd

      AUTO REPAIR, GARAGE • 2,576 SF
      9350 Ww Industrial Rd, La Plata, MD 20646
      View Details
    • Value Estimation by Request
      3,552 SF

      9285 And W Industrial Rd

      AUTO REPAIR, GARAGE • 3,552 SF
      9285 And W Industrial Rd, La Plata, MD 20646-3636
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Divisible QSR with Drive Thru

      Divisible 3,600 SF QSR with Drive Thru proposed.
      6355 Crain Hwy, La Plata, MD 20646
      View Details
    • $1,967,565
      2,623 SF

      Starbucks Drive-Thru Corner Location

      STNL Starbucks drive-thru in La Plata Shopping Center.
      6675 Crain Hwy, La Plata, MD 20646
      View Details
    • $457,000

      La Plata Church with Parking

      Church with ample parking and fenced playground in La Plata.
      5 E Hawthorne Dr, La Plata, MD 20646
      View Details
    • $1,250,000

      Mixed-Use Property on Charles Street

      Turn-key mixed-use property with income and growth potential.
      602 Charles St, La Plata, MD 20646
      View Details
    • $250,000
      0.23 Acres

      La Plata Land For Sale

      0.23 acre parcel in La Plata, zoned CB.
      107 Howard St, La Plata, MD 20646
      View Details
    • $90,000
      3.00 Acres

      Vacant Land in La Plata

      3-acre vacant lot in Charles County, near local amenities.
      Bumpy Oak Rd, La Plata, MD 20646
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,904 SF

      Retail Space in Strip Center

      Retail space available in a strip center setting.
      6237-6285 Crain Hwy, La Plata, MD 20646
      View Details
    • Contact for pricing
      73,008 SF

      Retail Space on Crain Highway

      Retail property located off 301 in La Plata, MD.
      6655 Crain Hwy, La Plata, MD 20646
      View Details
    • Contact for pricing
      518,364 SF

      La Plata Retail Land Opportunity

      Prime 1.19-acre commercial lot, high traffic.
      111 Drury Dr, La Plata, MD 20646
      View Details
    • Contact for pricing
      1,904 SF

      La Plata Retail Space - End Cap

      1,904 SF Retail Space, High Visibility
      6285 Crain Hwy, La Plata, MD 20646
      View Details
    • Contact for pricing

      Retail Space in Strip Center

      End suite available for rent in La Plata, Maryland.
      La Plata, MD 20646
      View Details
    • Contact for pricing
      2,178 SF

      La Plata Office/Retail Space

      Office and retail space with high traffic exposure on Route 301.
      9405 Chesapeake St, La Plata, MD 20646
      View Details
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    La Plata, MD 20646-4264
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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