Entity Owned 
For Lease
1 / 13
$129-$18,077/Mo per office
6701 Democracy Blvd Unit 300,Unit 300, Bethesda, MD 20817
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Property summary
AI-generated overview
This Class A, 20,031 square foot office building, renovated in 2019, offers a variety of flexible workspace solutions in Bethesda, Maryland. Located at 6701 Democracy Boulevard, Suite 300, in Montgomery County (zip code 20817), this ten-story building boasts eye-catching design and scenic views. The property features 350 suites, with 5,970 square feet currently vacant, offering spaces ranging from 10 square feet minimum to a maximum contiguous space of 1,300 square feet. Tenancy is multiple, catering to diverse business needs. Amenities include elevators, an on-site coffee bar, and an outdoor terrace. The building's location provides easy access to Westfield Montgomery Shopping Centre, and is a short distance from Washington, D.C. Available options include private, fully furnished and equipped offices, customizable spaces, disaster recovery spaces, and day offices. A benefits program with exclusive discounts and procurement support is also offered. This property is ideal for businesses seeking a modern, well-appointed workspace in a vibrant location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
215,917 SF
Lot
7.15 ac (311,485 SF)
Zoning code
CR1.5
APN
04-02747480
UPID
US40-0202712
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
-
Real Estate Agency
-
Information Services
-
Loan Service Bank
-
Home Health Care Service
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$43.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.10M
Owner & transaction history
since 2021
6 recorded transactions
Zoning & alternative use
CR1.5 · Bethesda, MD
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$34.10M
Value range
$30.69M – $37.51M
±10% around blend
Estimated value / SF
$158 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$30.69M
blend $34.10M
$37.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
215,917 SF
Lot area
7.15 ac
Year built
1986
Stories
10
APN
04-02747480
Zoning
CR1.5
Assessed value
$37,568,600
Annual tax
$572,419
3
Income approach: direct capitalization
Partial preview
Income approach indication
$43.31M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$46.91M
@ 6.5% CAP return
$43.31M
@ 7% CAP return
$40.21M
4
Sales comparison
Partial preview
Sales approach indication
$9.22M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.0 mi away · 239,241 SF
8.0 mi away · 239,241 SF
9.0 mi away · 202,500 SF
9.4 mi away · 195,480 SF
9.8 mi away · 153,941 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$34.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 25 sales
$410
-61%
County 255 sales
$317
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $158/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$37.57M
Move the market yield to see immediate price impact.
Value / SF
$174
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%
$2.37M
$47.34M
$33.81M
$26.30M
$2.63M
$52.60M
$37.57M
$29.22M
$2.89M
$57.86M
$41.33M
$32.14M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$26.00M
5.7 mi · Sep 2025 · $171/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$572,419
Tax year 2022
Assessed value
$37,568,600
Assessed 2023
Previous assessed
$49,800,000
-24.6% YoY
Effective rate
1.52%
On assessed value
Assessed land
$6,921,100
Assessed improvement
$30,647,500
Land market value
$6,921,100
Improvement market value
$30,647,500
Total market value
$37,568,600
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
10
Units
1
Total area
215,917 SF
Lot
7.15 ac (311,485 SF)
Zoning code
CR1.5
APN
04-02747480
UPID
US40-0202712
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR1.5 · Bethesda, MDZoning CR1.5 · permitted uses
CR1.5 · Bethesda, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
10
Units
1
Lot
7.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CR1.5
Jurisdiction
Bethesda, MD
Recorded code
CR1.5
Ownership Intelligence
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Ownership report
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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