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Property profile & analytics
OFF-MARKET
Estimated value
$10,365,000
Grocery and convenience stores
8240 Wisconsin Ave Bethesda, MD 20814-3100
Individually Owned
5-yr Hold
Free & Clear
Property ID
US40-1552497
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Total area
3,512 SF
Lot
0.44 ac (19,122 SF)
Zoning code
CR3.0
APN
07-03696000
UPID
US40-1552497
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
-
Exxon Gas Station
-
Cardtronics ATM Atm
-
Athena Bitcoin ATM Atm Crypto Atm
-
BETHESDA TITLE AND TAG SERVICE Vehicle Inspection Center
-
Woodmont Exxon/Bethesda Auto Repair Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.37M
Owner & transaction history
Donald B Fogel · 5 yrs held
Donald B Fogel
since 2020
Last sale
$11.4M
4 recorded transactions
Zoning & alternative use
CR3.0 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$2,951 / 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
$49,875
Tax year 2022
Assessed value
$6,508,633
Assessed 2023
Previous assessed
$4,181,300
+55.7% YoY
Effective rate
0.77%
On assessed value
Land market value
$3,786,100
Improvement market value
$7,377,200
Total market value
$11,163,300
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
3,512 SF
Lot
0.44 ac (19,122 SF)
Zoning code
CR3.0
APN
07-03696000
UPID
US40-1552497
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
CR3.0 · Bethesda, MD
Zoning CR3.0 · permitted uses
CR3.0 · 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.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Donald B Fogel
Individual
Free & Clear · 5 yrs held
Mailing address
7101 WISCONSIN AVE STE #700, BETHESDA, MD 20814-4814
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2020
—
Donald B Fogel
Icabod LLC
Warranty Deed
—
Aug 6, 2020
$11,425,000
Donald B Fogel
Avenue Owner LLC
Grant Deed
—
—
—
Icabod LLC
—
Deed Of Trust
related
$800,000 · United Bk/griffin
—
—
8240 Wisconsin Avenue Owner Ll
—
Deed Of Trust
related
$6,000,000 · Sandy Spring Bk
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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