Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13418 Pungo Ter Chesterfield, VA 23838

    Sponsored
    For Sale
    Pending
    $99,950

    Lots/Land/Farm - Chesterfield, VA

    Type:Farm
    Lot size:
    3.46 Acres
    Days on Market:
    42
    Last Refresh:
    Feb 3 at 6:06 am

    Property Features for 13418 Pungo Ter

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Pending
    Lot size
    3.46 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Carroll Cottrell Hippeard

    Long & Foster Real Estate (888) 536-0216

    Listing agent Carroll Cottrell Hippeard (888) 536-0216

    Listing date Dec 24, 2025

    MLS# 2528066 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land Near Lake Chesdin

    This property features a 3.462-acre treed lot situated on the corner of Chesdin Green Way and Pungo Terrace in Chesterfield, VA. The lot is located close to the Chesdin Landing clubhouse, which includes a pool, tennis courts, pickleball courts, and a championship golf course. It also offers access to Lake Chesdin for swimming and boating. According to the owners, the corner lot's configuration allows for a home to be built with a driveway having entrances and exits on different streets, and it is permitted to have a basement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6435167
    Latitude
    37.2732437

    Nearby Similar for Sale

    • Contact for pricing
      2,500 SF

      Prime Mixed-Use Development Opportunity

      Retail, restaurant, and medical space in a high-growth Richmond area.
      9201 Iron Brg Rd & Courthouse Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing
      31,000 SF

      Office/Warehouse Space in Business Park

      31,000 SF office/warehouse near Chesterfield Towne Center.
      11623-11637 Busy St N, Chesterfield, VA
      View Details
    • Contact for pricing
      17,700 SF

      Automotive Property with Outside Storage

      17,700 SF property on 2.49 acres, C-5 zoning.
      11013 Research Ct N, Chesterfield, VA
      View Details
    • $485,000

      Chesterfield Specialty Property For Sale

      Specialty property available for purchase in Chesterfield, Virginia.
      8518 Easton Ridge Pl, Chesterfield, VA 23832
      View Details
    • $399,950

      Chesterfield Commercial Property Investment

      Prime location, dual-address commercial site.
      10210 Krause Rd, Chesterfield, VA 23832
      View Details

    FAQs

    What type of property is this?
    Land - 3.5 acre lot near golf, tennis, and lake access.
    Where is this land located?
    The property is located at 13418 Pungo Ter Chesterfield, VA.
    What is the asking price?
    The asking price for this property is $99,950.
    What are key features of this property?
    This property features: - Access to Lake Chesdin for swimming and boating.; - Close proximity to the Chesdin Landing clubhouse, pool, tennis and pickleball courts, and championship golf course.; - Large 3.5-acre treed lot.
    (888) 536-0216
    Request Owner's contact information
    13418 Pungo Ter Chesterfield, VA 23838
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13418 Pungo Ter
    Chesterfield, VA 23838
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13418 Pungo Ter Chesterfield, VA 23838
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carroll Cottrell Hippeard
    (888) 536-0216
    Learn more
    Google sign-in failed. Please try again or use another login method.