Waldorf, MD 20602 4023 Old Washington Road
$1,200,000



12 more












Presented By: Elizabeth W Wills with RE/MAX One - 4432956123; [email protected]
Home Details
****Owner financing may be available with acceptable terms. Rarely does an opportunity like this become available in one of Waldorf's fastest-growing corridors.******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.
Presented By: Elizabeth W Wills with RE/MAX One - 4432956123; [email protected]
Interior Features for 4023 Old Washington Road
Other Interior Features
Central Air Y/NYes
Heating FuelOil
Heating Y/NYes
Hot WaterElectric
General for 4023 Old Washington Road
AccessibilityNone
Business TypeApartment Building, Other
CityWALDORF
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyCHARLES
DirectionsUse GPS directions....***NOTE*** property is located at the far end of Old Washington Ave closest to Billingsley Road
Heating90% Forced Air
Legal SubdivisionMARYLAND GARDENS SUB
Lot Size Square Feet179467.00
Lot Size UnitsSquare Feet
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG249.17
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6786.0
Tax Assessed Value590933.0
Tax Lot22
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningRM
Exterior for 4023 Old Washington Road
Building Area Total4816.00
Car Parking Spaces10
Land Assessed Value155600.00
Land Use CodeR
Lot Size Acres4.12
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces12
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
SQFT • 4,816