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Property profile & analytics
OFF-MARKET Estimated value $5,980,000
Community centers

5400 Westbard Ave Bethesda, MD 20816-1409

87,321 SF 4.62 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US40-2408310
Property summary
AI-generated overview

Westbard Square offers an exceptional retail opportunity in the heart of Bethesda, Maryland. This vibrant commercial property, located at 5400 Westbard Ave, zip code 20816, comprises a total of 10,137 square feet across three available suites within a larger redevelopment project. The property is currently fully vacant, presenting a unique chance for a single tenant to occupy the entire space or for multiple tenants to lease individual units. Suite sizes range from a minimum of 2,416 square feet to a maximum contiguous space of 4,952 square feet, offering flexibility for various business needs. The development is situated within Montgomery County and benefits from a substantial 577-space parking lot, ensuring convenient access for customers and employees. Westbard Square is part of a larger 23-acre redevelopment project, incorporating a central green space designed to foster community engagement and provide attractive gathering areas. This prime location in Bethesda offers excellent visibility and accessibility, making it an ideal space for businesses seeking to establish a presence in a thriving and affluent community. The property's modern design and ample parking, combined with its location within a revitalized area, create a compelling opportunity for retail success. The property type is retail, with a commercial subtype and multiple tenancy.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1960
Construction BRICK
Total area 87,321 SF
Lot 4.62 ac (201,121 SF)
Zoning code CRT2.
APN 07-00662943
UPID US40-2408310
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
  • Giant Food - Ledo Pizza Corner Shoppe Take-out & Catering
  • Stretch Zone Gym & Fitness Center Alternative Medicine Practice
  • Western Union Bank Credit Union
  • higi Medical Clinic
  • Jaxon & Sons Chimney Service General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.98M
Blend (final) Blend
$5.98M
Owner & transaction history
Gs Westbard Property Owner LLC
Gs Westbard Property Owner LLC
since 2026
7 recorded transactions
2026
$14.3M
2023
Price N/A
2023
Price N/A
2022
Price N/A
2014
$15.0M
2014
$65.0M
2005
$18.9M
Zoning & alternative use
CRT2. · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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