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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    7340 Westlake Ter, Bethesda, MD 20817

    Entity Owned 7-yr Hold
    Property ID
    US40-1333533
    Property summary
    AI-generated overview

    This exceptional freestanding retail property in the highly desirable Bethesda submarket presents a unique investment opportunity. Situated on 1.3 acres, the property boasts a prominent location with excellent visibility and accessibility. Currently configured as a bank building, it offers a versatile space ideal for various financial services businesses, including wealth management and banking. The existing structure features approximately 9,000 square feet of space (or a smaller 2,000 square foot option) with ample outdoor area, perfect for expansion or adaptation to suit a variety of needs. The property includes 19 surface parking spaces and three convenient drive-thru lanes, ensuring ease of access for customers. Its strategic location allows businesses to effectively serve the affluent communities of Potomac, North Bethesda, Bethesda, and Rockville. The surrounding area boasts an average household income exceeding $200,000 within a 3-mile radius, indicating a strong and affluent customer base. Nearby banks hold over $8.2 billion in deposits, highlighting the significant financial activity in the immediate vicinity. This property offers a rare combination of size, location, and amenities, making it an exceptional opportunity for businesses seeking a high-profile presence in a thriving market. The flexible layout allows for customization to meet specific business requirements.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US40-1333533
    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
    • Frederick Heating & Air Conditioning Co. Hardware & Home Improvement General Contractor
    • Bethesda Attic Insulation Company General Contractor Renovation Specialist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    1788/cap 10 Md LLC · 7 yrs held
    1788/cap 10 Md LLC
    since 2018
    3 recorded transactions
    2018
    2017
    $1.0M
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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