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8120 Wisconsin Ave Bethesda, MD 20814-3624

OFF-MARKET Hotels Google Maps
192,914 SF 0.58 ac lot Built 1971
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$52.61M
Range $47.34M – $57.87M (±10%)
Property ID US40-0613413

Property summary

AI-generated overview

This exceptional 1,633-square-foot retail space is located at 8120 Wisconsin Avenue in the vibrant Bethesda, Maryland area of Montgomery County. Built in 2019, this single-tenant property offers a unique opportunity for businesses seeking a high-visibility location. The building is a 15-story structure, although this retail space occupies only the ground floor. The property boasts a modern design and is ready for immediate occupancy, with 1,633 square feet of vacant space available. The convenient location provides excellent access to a high volume of foot traffic and vehicular traffic. Three parking spaces are included with the lease. The property is classified as both commercial and hotel, suggesting potential for a variety of uses, subject to local zoning regulations. This prime location in Bethesda, Maryland (zip code 20814) offers unparalleled access to a thriving community and a strong consumer base. The property's modern construction and single-tenant occupancy provide a streamlined and efficient space for any business. Serious inquiries are encouraged to explore the possibilities of this exceptional retail opportunity. The property is available for lease.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1971
Construction BRICK
Total area 192,914 SF
Lot 0.58 ac (25,325 SF)
Zoning code CR3.0
APN 07-00550732
UPID US40-0613413

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
  • Hotel & Motel
  • Hotel & Motel
  • Rental Equipment Company Tech Support Center
  • Church
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$52.61M

Owner & transaction history

since 2022
Last sale
$52.6M
7 recorded transactions
2022
$52.6M
2019
Price N/A
2017
Price N/A
2016
$47.1M
2010
Price N/A
2010
$52,865
2005
$37.8M

Zoning & alternative use

CR3.0 · Bethesda, MD
Top alternative use upside
Retail stores $77.8M +871.0%
Commercial (general) $67.2M +738.9%
Office building $51.1M +538.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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