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Property profile & analytics
OFF-MARKET
Estimated value
$13,480,000
Hotels
6711 Democracy Blvd Bethesda, MD 20817-1128
Entity Owned
4-yr Hold
Free & Clear
Property ID
US40-1383106
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Construction
BRICK
Total area
223,510 SF
Lot
4.75 ac (207,124 SF)
Zoning code
CR1.5
APN
04-02806897
UPID
US40-1383106
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
-
Cardtronics ATM Atm
-
Democracy Plaza Shopping Center & Mall
-
Enterprise Rent-A-Car Car Rental Facility
-
WeAquatics Swimming School Baby Swimming School
-
Hertz Car Rental - Bethesda - Democracy Boulevard Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.80M
Blend (final)
Blend
$13.48M
Owner & transaction history
Hotel Suites Holding LLC · 4 yrs held
Hotel Suites Holding LLC
since 2021
7 recorded transactions
Zoning & alternative use
CR1.5 · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethesda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethesda submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$9,280,000
Current use
Blend value · Realmo final
$13.48M
Range $12.13M – $14.83M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$559,042
Tax year 2022
Assessed value
$46,727,000
Assessed 2023
Previous assessed
$48,946,000
-4.5% YoY
Effective rate
1.20%
On assessed value
Assessed land
$7,203,700
Assessed improvement
$39,523,300
Land market value
$7,203,700
Improvement market value
$39,523,300
Total market value
$46,727,000
Applied tax rate
38.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1990
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
11
Units
272
Total area
223,510 SF
Lot
4.75 ac (207,124 SF)
Zoning code
CR1.5
APN
04-02806897
UPID
US40-1383106
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR1.5 · Bethesda, MD
Zoning CR1.5 · permitted uses
CR1.5 · Bethesda, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethesda. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$9.3M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
11
Units
272
Lot
4.75 ac
Current owner
From public records · entity-resolved
Hotel Suites Holding LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6500 ROCK SPG DR STE #500, BETHESDA, MD 20817-1149
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Hotel Suites Holding LLC
Anne D Camalier
Special Warranty Deed
—
Dec 5, 2019
—
1994 Trust Asset LLC
Camalie1994 Childrens Trust
Quit Claim Deed
—
Jun 18, 2019
—
Anne D Camalier
Camalier Anne D Family Trust
Quit Claim Deed
related
—
Nov 3, 2016
—
Anne D Camalier
Camalier Anne D Family Trust
Quit Claim Deed
related
—
Oct 22, 1997
—
Anne,d Camalier Et Al Tr
Rock,spring Park
Grant Deed
related
—
Sep 4, 1997
—
Rock Spring Park Hotel Ltd
Rock,spring Park
Quit Claim Deed
related
—
—
—
Rocking Spring Park Hotel LP
—
Deed Of Trust
related
$37,518,800 · American Security Bank
—
—
Rock Spring Park Hotel
—
Deed Of Trust
related
$5,000,000 · Wachovia Bank NA
—
—
Rocking Spring Park Hotel LP
—
Deed Of Trust
related
$4,460,708 · Morgan Guaranty Trust Co Ny
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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