Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7979 Old Georgetown Rd Bethesda, MD 20814

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available for lease in Bethesda, Maryland.

    Property size:
    2,270 SF
    Lot size:
    0.31 Acres

    Property Features for 7979 Old Georgetown Rd

    General Information

    Size
    2,270 SF
    Lot size
    0.31 Acres

    We can help!

    Listing Contact
    Patrick Hall
    Patrick Hall
    Source: Moodyscre

    Listing Agent: Patrick Hall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bethesda Office Space For Lease

    Available for lease is an office space located at 7979 Old Georgetown Rd in Bethesda, Maryland. The property offers 2270 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KindWorks Association / Organization Myta Technologies (Bike/Boat/Book/etc) Store Jim & Carol Trawick ... Charitable Organization Stoladi Property Group Real Estate Agency Empowering You, LLC Crisis Center

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethesda
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1007908
    Latitude
    38.9893947

    Nearby Similar for Lease

    • Contact for pricing

      Bethesda Metro

      Discover many ways to work your way in Bethesda Metro
      3 Bethesda Metro Ctr, Bethesda, MD 20814
      View Details
    • Contact for pricing

      Democracy Plaza

      Discover many ways to work your way in Democracy Plaza
      6701 Democracy Blvd, Bethesda, MD 20817
      View Details
    • Sponsored
      Contact for pricing

      MD, Bethesda - Bethesda Metro Ctr

      Workspaces, services and support to help you work better in John Hancock Center
      2 Bethesda Metro Ctr, Bethesda, MD 20814
      View Details
    • Contact for pricing

      MD, Bethesda - Wisconsin Ave

      Workspaces, services and support to help you work better in John Hancock Center
      7201 Wisconsin Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing

      MD, Bethesda - Sangamore Rd

      Discover many ways to work your way in Redmond Center
      4701 Sangamore Rd, Bethesda, MD 20816
      View Details
    • $25 SF/Yr
      2,556 SF

      Office Space in Bethesda

      2556 SF office space available for rent in Bethesda.
      7801 Norfolk Ave, Bethesda, MD 20814
      View Details
    • $36 SF/Yr
      1,558 SF

      Retail Space in Bethesda Available

      Retail space available for lease in Bethesda, Maryland.
      4927 Saint Elmo Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing
      3,507 SF

      Free Standing Restaurant Building

      3,507 SF restaurant building with three drive-thru lanes.
      5135 River Rd, Bethesda, MD 20816
      View Details
    • Contact for pricing
      1,683 SF

      Prime Retail Space in Bethesda

      Retail space near apartments, Marriott HQ, and Metro.
      7920 Woodmont Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing
      5,552 SF

      Versatile Space with Unique Amenities

      Adaptable space featuring fitness, recreation, and childcare amenities.
      6903 Rockledge Dr, Bethesda, MD 20817
      View Details
    • Contact for pricing
      4,760 SF

      Former Fitness Studio in Bethesda

      4,760 SF retail space near future Marriott headquarters.
      7829-7834 Wisconsin Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing
      4,601 SF

      Bethesda Office Space For Lease

      Office space available in the heart of Woodmont Triangle.
      7900-7920 Norfolk Ave, Bethesda, MD 20814
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in Bethesda, Maryland.
    Where is this office units located?
    The property is located at 7979 Old Georgetown Rd Bethesda, MD.
    What are key features of this property?
    This property features: - Located at 7979 Old Georgetown Rd, Bethesda, Maryland 20814; - Office space available for lease
    (301) 287-9931 Call to check price and availability
    Request Owner's contact information
    7979 Old Georgetown Rd Bethesda, MD 20814
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7979 Old Georgetown Rd
    Bethesda, MD 20814
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7979 Old Georgetown Rd Bethesda, MD 20814
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick Hall
    Patrick Hall
    Real Estate License ID: 5012593
    (301) 287-9931 (301) 287-9950 (240) 203-6734
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!