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Property profile & analytics
OFF-MARKET
Estimated value
$52,185,000
Office buildings
4500 Ew Hwy, Bethesda, MD 20814-3327
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US40-1893588
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Total area
212,000 SF
Lot
0.67 ac (29,237 SF)
Zoning code
CBD2
APN
07-03710660
UPID
US40-1893588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.52M
Comparable Approach
Comparable
$55.75M
Blend (final)
Blend
$52.19M
Owner & transaction history
4500 Ew Owner LLC · 1 yrs held
4500 Ew Owner LLC
since 2025
Last sale
$35.1M
1 recorded transaction
Zoning & alternative use
CBD2 · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethesda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethesda submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$57,075,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$46,060,000
6.5%
$42,520,000
7%
$39,480,000
Blend value · Realmo final
$52.19M
Range $46.97M – $57.40M · ±10% · vs last sale $35.07M (May 7 2025)
Last sale anchor
$35.07M
May 7 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$246 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$851,415
Tax year 2022
Assessed value
$78,444,700
Assessed 2023
Previous assessed
$75,000,000
+4.6% YoY
Effective rate
1.09%
On assessed value
Land market value
$10,613,000
Improvement market value
$74,721,100
Total market value
$85,334,100
Applied tax rate
79.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2014
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
8
Units
1
Total area
212,000 SF
Lot
0.67 ac (29,237 SF)
Zoning code
CBD2
APN
07-03710660
UPID
US40-1893588
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CBD2 · Bethesda, MD
Zoning CBD2 · permitted uses
CBD2 · Bethesda, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethesda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
HOT WATER
Cooling
Yes
Stories
8
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
4500 Ew Owner LLC
Entity
Mailing address
1615 L ST NW STE #650, WASHINGTON, DC 20036-5606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
$35,068,955
4500 Ew Owner LLC
Council Of Unit Owners Of 4500 East
Special Warranty Deed
$35,000,000 · Peel Properties LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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