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Property profile & analytics
FOR LEASE
Office buildings
7200 Wisconsin Ave, Bethesda, MD 20814
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US40-2129989
For Lease
Contact for pricing
7200 Wisconsin Ave, Bethesda, MD 20814
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
BRICK
Total area
257,949 SF
Lot
1.6 ac (69,779 SF)
Zoning code
CBD2
APN
07-02921457
UPID
US40-2129989
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
-
R. Scott Mattingly, Compass Real Estate Agency
-
Trilagen Information Services
-
MBI Systems Telecommunications Service General Contractor
-
Montgomery County Air Conditioning Hardware & Home Improvement HVAC Service
-
Girard Erin E Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$87.37M
Blend (final)
Blend
$100.58M
Owner & transaction history
7200 Wisconsin LLC · 4 yrs held
7200 Wisconsin LLC
since 2022
Last sale
$120.0M
6 recorded transactions
Zoning & alternative use
CBD2 · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$142.5M
+32.7%
Industrial (general)
$122.9M
+14.5%
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
$119,940,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$107,385,000
Current use
RETAIL STORES
$142,505,000
Change: +33% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$122,910,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$100.58M
Range $90.52M – $110.64M · ±10% · vs last sale $120.00M (Apr 21 2022)
Last sale anchor
$120.00M
Apr 21 2022
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
$390 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$936,641
Tax year 2024
Assessed value
$78,223,667
Assessed 2024
Previous assessed
$89,651,067
-12.7% YoY
Effective rate
1.20%
On assessed value
Land market value
$20,724,300
Improvement market value
$59,111,200
Total market value
$79,835,500
Applied tax rate
76.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
BRICK
Heating
YES
Cooling
YES
Stories
11
Units
1
Total area
257,949 SF
Lot
1.6 ac (69,779 SF)
Zoning code
CBD2
APN
07-02921457
UPID
US40-2129989
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CBD2 · Bethesda, MD
Zoning CBD2 · permitted uses
CBD2 · 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
OFFICE BUILDING Current
Est. value
$107.4M
RETAIL STORES
Est. value
$142.5M
INDUSTRIAL (GENERAL)
Est. value
$122.9M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1986
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
11
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
7200 Wisconsin LLC
Entity
Mailing address
4747 BETHESDA AVE STE #200, BETHESDA, MD 20814-5282
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
$120,000,000
7200 Wisconsin LLC
Jbg 7200 Wisconsin LLC
Special Warranty Deed
$359,865,000 · Wells Fargo Bank NA
Jun 24, 2020
$155,974
Montgomery County
Condominium Unit Owners Assn
Grant Deed
—
Feb 12, 2020
—
Jbg & 7200 Wisconsin LLC
Jbg Of Woodmont II LLC
Correction Deed
related
—
May 17, 2001
—
Artery Plaza LLC
Bay LP
Grant Deed
$49,000,000 · Wachovia Bank NA
—
—
Artery Plaza LLC
—
Deed Of Trust
related
$97,750 · Ing Real Estate Finance (usa)
—
—
Artery Plaza LLC
—
Deed Of Trust
related
$51,650 · Citigroup Global Markets Realt
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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