Entity Owned 
For Lease
1 / 2
$785,000
5335 Westbard Ave, Bethesda, MD 20816
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Property summary
AI-generated overview
Westbard Square, located at 5335 Westbard Ave in Bethesda, Maryland, presents a unique opportunity within a thriving retail environment. This 22-acre strip center offers a total of 125,898 square feet of retail space, currently divided into three suites. A significant advantage is the availability of 2,769 square feet of vacant space, ideal for expansion or a new tenant. The property is situated in Montgomery County, within the affluent Bethesda community, a highly desirable location in the Washington, D.C. area. The property's substantial size and prime location make it an attractive investment for businesses seeking high visibility and access to a strong consumer base. The current redevelopment project enhances the property's appeal and potential for future growth. This is a rare opportunity to acquire a significant retail presence in one of the most sought-after areas of the Washington, D.C. metropolitan region. The property's zip code is 20816. The latitude and longitude coordinates are 38.9626678 and -77.1060414 respectively.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
BRICK
Total area
2,440 SF
Lot
0.42 ac (18,132 SF)
Zoning code
CR
APN
07-00662932
UPID
US40-0922197
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
-
Charitable Organization
-
Gas Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$660k
Blend (final)
Blend
$785k
Owner & transaction history
since 2013
3 recorded transactions
Zoning & alternative use
CR · Bethesda, MD
Top alternative use upside
Retail stores
$885,000
+158.3%
Commercial (general)
$765,000
+124.0%
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 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$785k
Value range
$707k – $864k
±10% around blend
Estimated value / SF
$322 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
$707k
blend $785k
$864k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,440 SF
Lot area
0.42 ac
Year built
1960
Stories
1
APN
07-00662932
Zoning
CR
Assessed value
$6,582,000
Annual tax
$73,313
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
$2.05M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.8 mi away · 2,400 SF
15.5 mi away · 2,390 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$785k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+158%
vs current-use indication
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
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 · 3 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$6.58M
Move the market yield to see immediate price impact.
Value / SF
$2,698
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%
$415k
$8.29M
$5.92M
$4.61M
$461k
$9.21M
$6.58M
$5.12M
$507k
$10.14M
$7.24M
$5.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$543k
7.7 mi · Jan 2026 · $298/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$73,313
Tax year 2022
Assessed value
$6,582,000
Assessed 2023
Previous assessed
$6,582,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$6,581,900
Assessed improvement
$100
Land market value
$6,581,900
Improvement market value
$100
Total market value
$6,582,000
Applied tax rate
38.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1960
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
2,440 SF
Lot
0.42 ac (18,132 SF)
Zoning code
CR
APN
07-00662932
UPID
US40-0922197
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR · Bethesda, MDZoning CR · permitted uses
CR · Bethesda, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.42 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CR
Jurisdiction
Bethesda, MD
Recorded code
CR
Ownership Intelligence
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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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