8519 Connecticut Ave Chevy Chase, MD 20815-6826
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$5.71M
Range $5.13M – $6.28M (±10%)
Property ID
US40-0322739
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
BRICK
Total area
25,845 SF
Lot
1.72 ac (74,854 SF)
Zoning code
C2
APN
07-00431888
UPID
US40-0322739
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.37M
Comparable Approach
Comparable
$4.88M
Blend (final)
Blend
$5.71M
Owner & transaction history
Zoning & alternative use
C2 · Chevy Chase, MD
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.71M
Value range
$5.13M – $6.28M
±10% around blend
Estimated value / SF
$221 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$5.13M
blend $5.71M
$6.28M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,845 SF
Lot area
1.72 ac
Year built
1930
Stories
1
APN
07-00431888
Assessed value
$6,186,100
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.37M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.82M
@ 6.5% CAP return
$5.37M
@ 7% CAP return
$4.99M
4
Sales comparison
Partial preview
Sales approach indication
$4.88M
Range $3.48M – $13.61M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.71M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$737
-70%
County 476 sales
$349
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $221/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.19M
Move the market yield to see immediate price impact.
Value / SF
$239
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$390k
$7.79M
$5.57M
$4.33M
$433k
$8.66M
$6.19M
$4.81M
$476k
$9.53M
$6.80M
$5.29M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$6,186,100
Assessed 2023
Previous assessed
$6,186,100
+0.0% YoY
Assessed land
$5,928,400
Assessed improvement
$257,700
Land market value
$5,928,400
Improvement market value
$257,700
Total market value
$6,186,100
Applied tax rate
38.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
FORCED AIR
Stories
1
Total area
25,845 SF
Lot
1.72 ac (74,854 SF)
Zoning code
C2
APN
07-00431888
UPID
US40-0322739
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
C2 · Chevy Chase, MDZoning C2 · permitted uses
C2 · Chevy Chase, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
FORCED AIR
Stories
1
Lot
1.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Chevy Chase, MD
Recorded code
C2
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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