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Property profile & analytics
OFF-MARKET
Estimated value
$7,850,000
Retail space
4963 Elm St, Bethesda, MD 20814-2940
Individually Owned
2-yr Hold
Free & Clear
Property ID
US40-1427429
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
BRICK
Total area
26,300 SF
Lot
0.4 ac (17,310 SF)
Zoning code
CRT2.
APN
07-02533614
UPID
US40-1427429
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
-
Electric Scooters Electrical Service General Contractor
-
Brooke Bralove Psychotherapy Marriage Or Relationship Counselor Counselor
-
Chinese Now! Language School Training Center
-
James Pastore, MAC Medical Clinic Alternative Medicine Practice
-
Quest Maryland Therapeutic Camp and Afterschool Program Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.30M
Comparable Approach
Comparable
$8.24M
Blend (final)
Blend
$7.85M
Owner & transaction history
Richard A Bass · 2 yrs held
Richard A Bass
since 2024
6 recorded transactions
Zoning & alternative use
CRT2. · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,075,000
6.5%
$9,300,000
7%
$8,635,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,530,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$7.85M
Range $7.07M – $8.64M · ±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
$298 / 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
$94,212
Tax year 2022
Assessed value
$7,058,000
Assessed 2023
Previous assessed
$7,058,000
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$5,141,000
Assessed improvement
$1,917,000
Land market value
$5,141,000
Improvement market value
$1,917,000
Total market value
$7,058,000
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
1986
Construction
BRICK
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
26,300 SF
Lot
0.4 ac (17,310 SF)
Zoning code
CRT2.
APN
07-02533614
UPID
US40-1427429
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CRT2. · Bethesda, MD
Zoning CRT2. · permitted uses
CRT2. · 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
INDUSTRIAL (GENERAL)
Est. value
$12.5M
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
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Richard A Bass
Individual
Free & Clear · 2 yrs held
Mailing address
4827 RUGBY AVE STE #200, BETHESDA, MD 20814-3040
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
—
Richard A Bass
Richard A Bass
Intrafamily Transfer
related
—
Dec 29, 2021
—
Lisa J Gilbert
Lisa J Gilbert
Intrafamily Transfer
related
—
Apr 28, 2014
—
Newman,nancy L M Family Trust
Newman,nancy L M
Quit Claim Deed
related
—
Apr 15, 2013
—
Lightbody,georgette R Trust
Lightbody,georgette B
Quit Claim Deed
related
—
—
—
Draiman Properties 2 LLC
—
Deed Of Trust
related
$49,500,000 · Eagle Bk
—
—
William Draiman
—
Deed Of Trust
related
$1,990,500 · Sandy Spring Bank
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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