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Property profile & analytics
OFF-MARKET
Estimated value
$16,740,000
Office buildings
9650 Rockville Pike Bethesda, MD 20814-3999
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US40-0766889
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
BRICK
Total area
51,104 SF
Lot
11.21 ac (488,247 SF)
Zoning code
R60
APN
07-03382328
UPID
US40-0766889
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
-
Afie Lattimer Alternative Medicine Practice
-
International Cytokine and Interferon Society Charitable Organization Social Service Agency
-
The Pediatric and Congenital Electrophysiology Society Charitable Organization Social Service Agency
-
Life Sciences Research Office Research Institute
-
ASMB Research Foundation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.12M
CAP Approach
CAP
$10.25M
Comparable Approach
Comparable
$23.03M
Blend (final)
Blend
$16.74M
Owner & transaction history
Rochambeau French Intl School Of Wa · 6 yrs held
Rochambeau French Intl School Of Wa
since 2020
Last sale
$16.5M
2 recorded transactions
Zoning & alternative use
R60 · Bethesda, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$24.4M
+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
$23,035,000
ML approach
$11,115,000
CAP Approach
CAP Return
Estimation
6%
$11,105,000
6.5%
$10,250,000
7%
$9,515,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$21,275,000
Current use
INDUSTRIAL (GENERAL)
$24,350,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$16.74M
Range $15.07M – $18.41M · ±10% · vs last sale $16.50M (Apr 14 2020)
Last sale anchor
$16.50M
Apr 14 2020
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
$328 / 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
$13,178
Tax year 2022
Assessed value
$34,674,900
Assessed 2023
Previous assessed
$36,234,600
-4.3% YoY
Effective rate
0.04%
On assessed value
Assessed land
$14,178,600
Assessed improvement
$20,496,300
Land market value
$14,178,600
Improvement market value
$20,496,300
Total market value
$34,674,900
Applied tax rate
38.0000
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
Off-Market
Year built
1985
Construction
BRICK
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Buildings
4
Stories
6
Units
4
Total area
51,104 SF
Lot
11.21 ac (488,247 SF)
Zoning code
R60
APN
07-03382328
UPID
US40-0766889
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R60 · Bethesda, MD
Zoning R60 · permitted uses
R60 · 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
$21.3M
INDUSTRIAL (GENERAL)
Est. value
$24.4M
OFFICE BUILDING Current
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
1985
Construction
BRICK
Heating
HOT WATER
Cooling
Yes
Stories
6
Buildings
4
Units
4
Lot
11.21 ac
Current owner
From public records · entity-resolved
Rochambeau French Intl School Of Wa
Individual
Mailing address
9600 FRST RD, BETHESDA, MD 20814-1714
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2021
—
French International School Of Wa
—
Deed
related
$70,200 · Truist Bank
Apr 14, 2020
$16,500,000
Rochambeau French Intl School Of Wa
Federation Of Amer Societies For Ex
Special Warranty Deed
$20,500 · Truist Bank
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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