4702 West Virginia Ave

4702 West Virginia Avenue Bethesda, MD 20814

The Broad Branch Development purchased this property located in downtown Bethesda in the summer of 2019. The company saw significant potential in the land due to the fact that it had recently been rezoned from residential to commercial, as well as the possibility of further assemblage. The property had been listed previously at $1,750,000 and did not sell. Subsequently, the company took this property through an 18-month entitlement process in which approvals were obtained for a 19-unit condominium building resulting in a recent appraisal of approximately $3,250,000. This is a prime example of the Broad Branch Development seeing and extracting value where others are unable to. This service provided by Broad Branch can work for a buyer or seller of real estate that is looking to extract maximum value for a property.