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    Property profile & analytics
    OFF-MARKET Estimated value $1,260,000
    Office buildings

    85 High St, Waldorf, MD 20602-2150

    2,990 SF 1.5 ac lot Built 1979
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US40-1029457
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents an 18,060 square foot multi-tenant office building situated on a prominent 1.5-acre corner lot in Waldorf, Maryland. The property boasts a highly desirable location at the intersection of St. Thomas Drive and St. Charles Parkway, ensuring excellent visibility and accessibility. Currently operating with various lease terms in place, this building offers immediate cash flow with potential for future growth. The building is zoned St. Charles PUD, providing flexibility for potential future development or expansion. The property is served by public water and sewer, simplifying operations and maintenance. The asking price of $1,995,000 represents a compelling 8% capitalization rate, making this an attractive investment for discerning buyers seeking strong returns in a stable market. The substantial square footage and multiple tenants provide a diversified income stream, mitigating risk and enhancing long-term value. This is a rare opportunity to acquire a well-located, income-producing office building in a growing area of Southern Maryland. The property's strategic location and existing tenant base make it an ideal investment for both seasoned and new investors. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1979
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,990 SF
    Lot 1.5 ac (65,340 SF)
    Zoning code PUD
    APN 06-100104
    UPID US40-1029457
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.35M
    Blend (final) Blend
    $1.26M
    Owner & transaction history
    Heather Hammett · 2 yrs held
    Heather Hammett
    since 2024
    2 recorded transactions
    2024
    2020
    Zoning & alternative use
    PUD · Waldorf, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.5M +49.7%
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