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    Property profile & analytics
    OFF-MARKET Estimated value $793,270,000
    Apartment buildings

    5480 Wisconsin Ave, Chevy Chase, MD 20815-3530

    275,962 SF 1.07 ac lot Built 1967
    Entity Owned 2-yr Hold
    Property ID
    US40-1011490
    Property summary
    AI-generated overview

    This exceptional retail space, located at 5480 Wisconsin Avenue in Chevy Chase, Maryland, presents a unique opportunity for a single-tenant business. The property boasts a total of 1,697 square feet of vacant, readily available space, perfect for a variety of retail uses. Situated in Montgomery County, this location offers unparalleled convenience and accessibility. The property's prime location on Wisconsin Avenue ensures high visibility and foot traffic, making it an ideal spot for attracting customers. With a generous 1,300 parking spaces available, customers and employees will find parking a breeze. The building itself is a single-tenant structure, providing a private and secure environment for your business. This is a rare opportunity to secure a substantial retail space in a highly desirable and affluent area of Chevy Chase. The property is currently available for lease and is ready for immediate occupancy. The address is 5480 Wisconsin Avenue, Chevy Chase, MD 20815. This location offers a blend of convenience, visibility, and ample parking, making it an exceptional investment for any retail business seeking a prominent presence in the thriving Chevy Chase market. The property type is classified as retail commercial. The total building square footage is 1,697 square feet, all of which is currently vacant.

    Property profile
    Verified
    Property type Apartment buildings
    Use group APARTMENT HOUSE (100+ UNITS)
    Year built 1967
    Total area 275,962 SF
    Lot 1.07 ac (46,780 SF)
    Zoning code CR3.0
    APN 07-00494338
    UPID US40-1011490
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $830.34M
    Blend (final) Blend
    $793.27M
    Owner & transaction history
    Highland House Associates LLC · 2 yrs held
    Highland House Associates LLC
    since 2023
    2 recorded transactions
    2023
    1969
    Zoning & alternative use
    CR3.0 · Chevy Chase, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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