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4839 Del Ray Ave, Bethesda, MD 20814
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Property summary
AI-generated overview
This exceptional retail property, located at 4839 Del Ray Ave in Bethesda, Maryland, offers a fantastic opportunity for businesses seeking a prominent presence in a thriving market. The two-story building boasts a total of 3,963 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. Flexible lease options are available, accommodating businesses requiring anywhere from 1,307 to 2,656 contiguous square feet. The property's versatile layout is ideal for a variety of retail uses. In addition to the main building, a substantial 1,099 square foot patio on the second floor provides an attractive outdoor amenity, perfect for al fresco dining or additional display space, depending on the tenant's needs. The property is situated in Montgomery County, Maryland, with easy access to major transportation routes and a high volume of foot traffic, ensuring excellent visibility and accessibility for your business. The zip code is 20814. This is a rare opportunity to secure a prime retail space in a highly desirable Bethesda location. Contact us today to schedule a viewing and discuss your business needs.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
BRICK
Total area
3,472 SF
Lot
0.06 ac (2,643 SF)
Zoning code
CR5.0
APN
07-00552616
UPID
US40-0635889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
since 2025
Last sale
$2.1M
2 recorded transactions
Zoning & alternative use
CR5.0 · Bethesda, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.13M
Value range
$1.91M – $2.34M
±10% around blend
Estimated value / SF
$612 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
$1.91M
blend $2.13M
$2.34M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,472 SF
Lot area
0.06 ac
Year built
1961
Stories
1
APN
07-00552616
Zoning
CR5.0
Assessed value
$1,698,600
Annual tax
$21,080
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.79M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.6 mi away · 2,524 SF
9.8 mi away · 4,032 SF
13.1 mi away · 3,558 SF
19.8 mi away · 2,524 SF
21.0 mi away · 3,248 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 22 sales
$1,206
-49%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $612/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.10M
Move the market yield to see immediate price impact.
Value / SF
$605
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$132k
$2.65M
$1.89M
$1.47M
$147k
$2.94M
$2.10M
$1.63M
$162k
$3.23M
$2.31M
$1.80M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.70M
5.9 mi · Feb 2026 · $657/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$21,080
Tax year 2022
Assessed value
$1,698,600
Assessed 2023
Previous assessed
$1,664,000
+2.1% YoY
Effective rate
1.24%
On assessed value
Land market value
$1,090,200
Improvement market value
$677,600
Total market value
$1,767,800
Applied tax rate
76.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1961
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Units
1
Total area
3,472 SF
Lot
0.06 ac (2,643 SF)
Zoning code
CR5.0
APN
07-00552616
UPID
US40-0635889
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR5.0 · Bethesda, MDZoning CR5.0 · permitted uses
CR5.0 · Bethesda, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1961
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CR5.0
Jurisdiction
Bethesda, MD
Recorded code
CR5.0
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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