4023 Old Washington Rd Waldorf, MD 20602
Estimated payment $7,073/month
About This Lot
Rare 4+ acre opportunity in the heart of Waldorf’s expanding growth corridor. Zoned RM (Residential Medium Density), this property offers exceptional potential for investors, builders, and developers seeking a prime location within one of Charles County’s most active development areas.
Ideally positioned just off the Route 301 corridor, the property is surrounded by established residential communities, retail, commuter routes, and ongoing commercial expansion. The parcel backs to active commercial development, further enhancing its long-term strategic value and future potential.
The property is improved by an existing occupied all-brick rambler that is well-maintained and serviced by public water and sewer. While the home offers functional use and rental potential, the primary value is believed to be in the land and future possibilities.
Potential opportunities may include townhomes, single-family residential development, cluster-style housing, or possible assemblage with neighboring parcels, subject to county approvals, engineering, and feasibility studies. Conceptual yield estimates may support approximately 24–36 townhomes or 6–10 single-family lots, but all density and development potential must be independently verified by the buyer.
This is a unique chance to acquire a sizable parcel in a transitional area experiencing both residential growth and commercial investment along the 301 corridor.
Buyer to perform all due diligence regarding zoning, land use, utility capacity, subdivision potential, environmental matters, approvals, and development feasibility with Charles County and all applicable agencies.
Listing Agent
(443) 295-6123 mdavis@davispalumbo.com RE/MAX One Brokerage Phone: 4432956123 License #511203 Listed on: 05/29/2026
Co-Listing Agent
(443) 295-6123 mdavis@davispalumbo.com RE/MAX One Brokerage Phone: 4432956123
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,786
Lot Details
- 4.12 Acre Lot
- No Building Permits
- Property is zoned RM
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 0906037437
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,650 | $502,267 | -- | -- |
| 2024 | $3,292 | $413,600 | $155,600 | $258,000 |
| 2023 | $5,910 | $413,600 | $155,600 | $258,000 |
| 2022 | $5,715 | $413,600 | $155,600 | $258,000 |
| 2021 | $5,560 | $420,100 | $135,600 | $284,500 |
| 2020 | $5,560 | $404,833 | $0 | $0 |
| 2019 | $5,733 | $389,567 | $0 | $0 |
| 2018 | $5,488 | $374,300 | $125,600 | $248,700 |
| 2017 | $5,331 | $363,000 | $0 | $0 |
| 2016 | -- | $351,700 | $0 | $0 |
| 2015 | $5,377 | $340,400 | $0 | $0 |
| 2014 | $5,377 | $340,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $1,200,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Bright MLS
MLS Number: MDCH2055610
APN: 06-037437
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