Technical
Financial
Distress signals
Property profile

5400 Westbard Ave Bethesda, MD 20816

OFF-MARKET
Community centers
Property ID
US40-2408310
87,321 SF 4.62 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Gym & Fitness Center Alternative Medicine Practice
  • Bank Credit Union
  • Medical Clinic
  • General Contractor Renovation Specialist

Location

5400 Westbard Ave Bethesda, MD 20816-1409
Bethesda metro Census 705701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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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

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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