4023 Old Washington Road Waldorf, MD $ 1,200,000
4023 Old Washington Road
$ 1,200,000
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4023 Old Washington Road

Waldorf, MD, 20602
$ 1,200,000
Bedrooms-- Baths-- Sq 4,816

Monthly Estimate*

$ 7,389

4023 Old Washington Road, Waldorf, MD 20602 - Image 1
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Commercial Property for sale in Waldorf, MD

for $1,200,000. This 4,816 square foot building was built in 1959 on a lot size of 4.12.

This property presents a rare development opportunity in the heart of Waldorf. Situated on approximately 4.12 acres and zoned RM (Residential Medium Density), this property offers exceptional potential for builders, developers, and investors seeking a prime location within one of Charles Countys fastest growing corridor Ideally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The site backs to active commercial development, further enhancing its long-term growth potential and strategic positioning within this rapidly evolving area. The property is improved with an existing occupied residence; however, the primary value is believed to be in the land and future development possibilities. Potential uses may include a townhome community, single-family subdivision, cluster-style residential development, or possible assemblage opportunities with neighboring parcels. Conceptual yield estimates may support approximately 2436 townhomes or 610 single-family lots, subject to county approvals and engineering. Buyer to verify zoning, land use, subdivision potential, utility availability, and all property information with Charles County.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 6,786

Style

Apartment Building

Lot Size

4.12

Year Built

1959

Town/City

Waldorf

County/Region

Charles

MLS | Web ID

MDCH2055614

Features
Interior
Heating Fuel Oil
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Zoning RM
Construction Materials Brick
Year Built 1959
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Other
Accessibility None
County CHARLES
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS directions....***NOTE*** property is located at the far end of Old Washington Ave closest to Billingsley Road
City WALDORF
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 179467.00
Tax Annual Amount 6786.0
Price Per Sq Ft Total AG 249.17
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision MARYLAND GARDENS SUB
Tax Lot 22
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 4816.00
Lot Size Acres 4.12
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 155600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4023
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* Excluded Features
List By
Re/Max One

Broker

lisasellsremax@gmail.com

Email

Affordability Calculator

$7,954
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$566
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$1,200,000 Listed Price

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4023 Old Washington Road, Waldorf, MD, 20602 is a Commercial Property for sale at $1,200,000 with 4,816 sqft and a lot size of 4.12. 4023 Old Washington Road was built in 1959. The property's zip code is 20602 which is in Waldorf, MD