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3040 Leonardtown Rd

42,588 SF Retail Building Waldorf, MD 20601 $2,400,000 ($56/SF)

Investment Highlights

  • Located at Intersection of US Route 301 & Leonardtown Road
  • Great visibility with AADT on Crain Hwy (61,470 vehicles) and Leonardtown Road (36,170 vehicles).
  • 2.25 Acres +/- in Waldorf Opportunity Zone

Executive Summary

Investment/ Re-Development Opportunity - Waldorf Opportunity Zone: 2.25 Acres +/- Zoned WC (Waldorf Central) prominently located at intersection of US Route 301 (Crain Highway) and MD Route 5 (Leonardtown Road). Great visibility with AADT on Crain Hwy (61,470 vehicles) and Leonardtown Road (36,170 vehicles). Access to site off both Crain Highway Northbound & Leonardtown Road. Existing Building is Currently Fully Leased until 2027. Sale Subject to Existing Leases. Owners will consider subdividing and selling as two (2) separate 1 - 1.25 Acre +/- Parcels.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
42,588 SF
Year Built
1979
Price
$2,400,000
Price Per SF
$56
Tenancy
Single
Building Height
2 Stories
Building FAR
0.43
Land Acres
2.25 AC
Opportunity Zone
Yes
Zoning
WC - Woodland Conservation District
Parking
13 Spaces (6.19 Spaces per 1,000 SF Leased)
Frontage
241 FT on Leonardtown Rd

Amenities

  • Air Conditioning

Nearby Major Retailers

WesBanco
Food Lion
Truist
WW
Bank of America
Jenny Craig
Five Guys
Planet Fitness
Giant
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-055192
Land Assessment
$764,400
Improvements Assessment
$150,400
Total Assessment
$914,800
  • Listing ID: 19303425

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 3040 Leonardtown Rd, Waldorf, MD 20601

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