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

    4915 St Elmo Ave Bethesda, MD 20814

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    Office spaces available in Bethesda with flexible lease terms.

    Lot size:
    0.23 Acres

    Property Features for 4915 St Elmo Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.23 Acres

    Building Details

    Year built
    1963

    We can help!

    Listing Contact
    Lawrence Rosen
    Source: Elliman

    Listing Agency: Commercial & Investment Realty Associates, LLC. Listing Agent: Lawrence Rosen

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

    Learn more

    Overview

    Bethesda Office Space for Lease

    Office spaces are available for lease with terms from 1 to 5 years, negotiable. The rental rate is $24.50 per square foot, full service. Spaces range in size from 1,143 square feet to 1,765 square feet, offering various options and size ranges. The property is located at 4915 St. Elmo Ave. Quick move-in is available. The building is elevatored and sprinklered. Spaces available include 1,143, 1,290, 1,332, 1,679, and 1,765 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Bethesda
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.1009
    Latitude
    39.0051

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      MD, Bethesda - Sangamore Rd

      Workspaces, services and support to help you work better in LA, Baton Rouge - Florida St
      4701 Sangamore Rd, Bethesda, MD 20816
      View Details
    • New
      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
    • New
      Contact for pricing

      MD, Bethesda - Bethesda Metro Ctr

      Flexible workspace in NV, Reno - 300 E 2nd St
      2 Bethesda Metro Ctr, Bethesda, MD 20814
      View Details
    • New
      Contact for pricing

      Bethesda Metro

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

      Democracy Plaza

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

      Montgomery Tower Office Space Available

      Office space for rent in downtown Bethesda with modern amenities.
      4550 Montgomery Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing

      Bethesda Commercial Condo For Rent

      1,175 SF commercial condo in outstanding Bethesda location.
      4300 Montgomery Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing

      Retail Space on Wisconsin Avenue

      Class A retail space near Bethesda Metro Station.
      7101 Wisconsin Ave, Bethesda, MD 20814
      View Details
    • Contact for pricing
      9,450 SF

      Retail Spaces in Bethesda Center

      Retail spaces for lease in Home Depot anchored shopping center.
      10410 Auto Park Ave, Bethesda, MD 20817
      View Details
    • Contact for pricing
      3,296 SF

      Restaurant Space Under Construction

      3,296 SF vented restaurant space in Bethesda, MD.
      7340 Wisconsin Ave, Bethesda, MD 20814
      View Details
    • $34 SF/Yr
      16,975 SF

      Bethesda Office Space For Lease

      Office space available with garage parking and trail access.
      6935 Arlington Rd, Bethesda, MD 20814
      View Details

    FAQs

    What type of property is this?
    Office units - Office spaces available in Bethesda with flexible lease terms.
    Where is this office units located?
    The property is located at 4915 St Elmo Ave Bethesda, MD.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Lowest office rental rates in Bethesda at $24.50 p.s.f., full service.; - Get one month free rent for each lease year signed.; - Available spaces range from 1,143 s.f. to 1,765 s.f. with multiple size options.
    (301) 530-6085
    Request Owner's contact information
    4915 St Elmo Ave 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.
    4915 St Elmo Ave
    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
    4915 St Elmo Ave 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!
    Listing Contact
    Lawrence Rosen
    Real Estate License ID: 5158
    (301) 530-6085 (301) 793-8901
    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!