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    5500 Friendship Blvd, Unit 1115N Chevy Chase, MD 20815

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    For Sale
    $70,000

    Studio condo in full-service building near Friendship Heights Metro.

    Building Details

    Year built
    1968

    Source: Ashland Auction Group LLC Agent Lee M Shpritz

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

    Overview

    Chevy Chase Studio Condo

    This spacious studio condo is located in Chevy Chase, Maryland, within Montgomery County. The full-service building offers a 24-hour concierge and front desk, an on-site restaurant, a convenience store, and a rooftop pool. The property is a short distance from the Friendship Heights Metro station and the dining and retail options at The Shops at Wisconsin Place. Major traffic arteries include Wisconsin Avenue (MD-355) and Western Avenue. The property is currently occupied.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chevy Chase
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0898401
    Latitude
    38.9629515

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    FAQs

    What type of property is this?
    Apartment building - Studio condo in full-service building near Friendship Heights Metro.
    Where is this apartment building located?
    The property is located at 5500 Friendship Blvd, Unit 1115N Chevy Chase, MD.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Prime location in Chevy Chase, MD, near Friendship Heights Metro and The Shops at Wisconsin Place.; - Full-service building with 24-hour concierge/front desk.; - Enjoy on-site amenities, including a restaurant, convenience store, and rooftop pool.
    (410) 365-2525
    Request Owner's contact information
    5500 Friendship Blvd, Unit 1115N Chevy Chase, MD 20815
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    Chevy Chase, MD 20815
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    Realmo Value Estimation

    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.

    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.

    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
    5500 Friendship Blvd, Unit 1115N Chevy Chase, MD 20815
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