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Property profile & analytics
OFF-MARKET
Estimated value
$3,505,000
Retail space
4948 Fairmont Ave, Bethesda, MD 20814-6023
Entity Owned
1-yr Hold
Free & Clear
Property ID
US40-2257073
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
BRICK
Total area
6,964 SF
Lot
0.18 ac (7,846 SF)
Zoning code
CR5.0
APN
07-00551873
UPID
US40-2257073
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
Current use
Occupant on record · Public records
-
ala - Bethesda Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.05M
Blend (final)
Blend
$3.51M
Owner & transaction history
4948 Fairmont Holdings LLC · 1 yrs held
4948 Fairmont Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
CR5.0 · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.6M
+44.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,845,000
Current use
COMMERCIAL (GENERAL)
$5,565,000
Change: +45% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,320,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.51M
Range $3.15M – $3.86M · ±10%
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
$503 / 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
$39,998
Tax year 2022
Assessed value
$3,473,633
Assessed 2023
Previous assessed
$3,473,633
+0.0% YoY
Effective rate
1.15%
On assessed value
Land market value
$3,236,400
Improvement market value
$366,700
Total market value
$3,603,100
Applied tax rate
76.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
6,964 SF
Lot
0.18 ac (7,846 SF)
Zoning code
CR5.0
APN
07-00551873
UPID
US40-2257073
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR5.0 · Bethesda, MD
Zoning CR5.0 · permitted uses
CR5.0 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1958
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
4948 Fairmont Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8300 BURDETTE RD APT #343, BETHESDA, MD 20817-2819
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2025
—
4948 Fairmont Holdings LLC
Bethesda Store Holdings LLC
Deed
—
Nov 7, 2023
—
Bethesda Store Holdings LLC
Angela Traettino
Intrafamily Transfer
related
—
Apr 13, 2021
—
Angela Traettino
Angela Traettino
Intrafamily Transfer
related
—
Mar 10, 2017
—
3jt LLC
Traettino,jimmy W
Grant Deed
—
Jan 12, 2017
—
Jimmy W Traettino
Traettino,angela
Quit Claim Deed
related
—
Feb 24, 2009
$850,000
Luigi Traettino
Imirie,alexander M
Grant Deed
$637,500 · Alexander M Imrie
Feb 20, 2009
$850,000
Luigi Traettino
Imirie,allan F
Grant Deed
$637,500 · Allan F Imirie
Aug 27, 2008
—
Alexander M Imirie
Imirie Family Living Trust
Quit Claim Deed
related
—
Jul 28, 2006
$1,340,000
Luigi Traettino
Imirie Guelda C Trust
Grant Deed
$1,072,000 · Imirie Guelda C Trust
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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