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Multifamily Development Opportunity in Bethesda
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4824 Edgemoor Ln, Bethesda, MD 20814

111-unit multifamily development opportunity in downtown Bethesda, Maryland.

Property SizeContact for details
Days on Market143

Property Features for 4824 Edgemoor Ln

General Information

Standard status Active
Property subtype Multifamily

Amenities

Premier core Bethesda location
Steps from the Bethesda Metro
Walkable access to world-class retail and dining
High-demand unit mix calibrated to submarket demand
Rent comparables support premium rent profile
Affluent, highly educated renter base
Scarce infill opportunity in a supply-constrained submarket
Proximity to major employment anchors

Building Details

Units 111
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Marty Zupancic · License #License(s): MD: 631902, VA: 0225 187032, DC: SP98368225
Source: Marcusmillichap
Added: Apr 16 Changed: Sep 4 Last Checked: Sep 4 at 2:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

This offering presents a multifamily development opportunity at 4824 Edgemoor Lane in downtown Bethesda, Maryland. The site is planned for a 111-unit development. Situated in a high-demand submarket within the Washington, DC metro area, the location is positioned between two high-density retail and restaurant corridors within the walkable and amenitized Bethesda neighborhood. This location offers the chance to develop a Class A residential property in a submarket characterized by renter demand, premium rent levels, and limited development opportunities. The development site is located across from The Edge, a luxury apartment building with a 99.4% occupancy rate.

Key Highlights

  • 111‑unit ground‑up multifamily development opportunity in downtown Bethesda, Maryland.
  • Located in a high‑demand, affluent submarket of the Washington, DC metro area.
  • Positioned between two high‑density retail and restaurant corridors in a walkable neighborhood.

Property Analytics

Current Use

CustomNEWS, Inc. Industrial Manufacturer Pitterich & Snedegar Law Firm

Suggested Use

Top Pick Garden Center Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,362
Businesses Nearby

Demographics for 20814, MD

31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 111-unit multifamily development opportunity in downtown Bethesda, Maryland.
Where is this apartment building located?
The property is located at 4824 Edgemoor Ln Bethesda, MD.
What are key features of this property?
This property features: 111‑unit ground‑up multifamily development opportunity in downtown Bethesda, Maryland.; Located in a high‑demand, affluent submarket of the Washington, DC metro area.; Positioned between two high‑density retail and restaurant corridors in a walkable neighborhood.
More about this property
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