Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chesterfield Buildable Land Parcel Title is generated by Realmo AI

    10220 Reedy Branch Road, Chesterfield, VA 23838

    View on Map
    Claim this Listing
    Picture of Agricultural land / Farmland at 10220 Reedy Branch Road, Chesterfield, VA
    Pending
    $50,000

    LAND - Chesterfield, VA

    Lot size:
    6.74 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    55
    Last Refresh:
    May 18 at 8:06 am

    Property Features for 10220 Reedy Branch Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    754-63-74-91-700-000
    Lot size
    6.74 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    N OF REEDY BRANCH RD LOT 1
    Tax Annual Amount
    1080

    Utilities

    Water source
    Well Needed

    We can help!

    Listing Contact
    Carly Hancock

    Listing agent Carly Hancock License #0225238313

    Listing office Motleys Real Estate 3600 Deepwater Terminal Rd, Richmond, VA

    Listing date Mar 25, 2026

    MLS# 2607190 Listing URL

    Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6.74+/- acre buildable parcel in Chesterfield County, VA.
    • Zoned Agricultural, providing flexibility for various uses.
    • Conveniently located near Hull Street, Iron Bridge Road, 288 & I‑95.
    • Close to Lake Chesdin's Seven Springs Marina and Pocahontas State Park.
    • Site & Soil Evaluation done in 2026.
    • Opportunity for a private homesite or investment.

    Overview

    This 6.74+/- acre buildable parcel is located in Chesterfield County, Virginia. Zoned Agricultural, the property offers flexibility for a variety of potential uses. A Site & Soil Evaluation was completed in 2026. The location is approximately 9 minutes from Lake Chesdin's Seven Springs Marina and close to multiple Pocahontas State Park entrances. It is also near Hull Street, Iron Bridge Road, and major interstates including 288 & I-95. This property offers opportunity in a desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.566129
    Latitude
    37.308111

    Nearby Similar for Sale

    • $135,000

      Commercial Land in Chesterfield, VA

      Prime commercial lot in high-traffic area, ideal for development.
      9001 Oak Lawn Street, Chesterfield, VA 23237
      View Details
    • $499,999

      Two-Acre Lot in Chesterfield, VA

      2-acre lot with potential for residential rezoning.
      707 Greyledge Boulevard, Chesterfield, VA 23836
      View Details
    • $150,000

      Prime Land on Route 10

      1.81-acre parcel on Route 10, Chesterfield County.
      2100 E Hundred Road, Chesterfield, VA 23836
      View Details
    • $350,000

      Commercial Lot in Chesterfield, VA

      1.03-acre commercial lot zoned C-5, suitable for various uses.
      14770 Hull Street, Chesterfield, VA 23832
      View Details
    • $500,000

      Chesterfield Land Parcel For Sale

      0.831 acre land parcel near Iron Bridge Rd.
      6111 Iron Bridge Rd, Chesterfield, VA 23234
      View Details
    • $299,950

      Residential Land in Gated Community

      Residential land in established gated community near James River.
      11240 Turnley Lane, Chesterfield, VA 23113
      View Details
    • $180,000

      Commercial Land in Chesterfield, VA

      1.617 acre commercial land for sale in Chesterfield, VA.
      2106 E Hundred Road, Chesterfield, VA 23836
      View Details
    • $49,000

      Residential Land in Winterpock Area

      Four acres of residential land in Chesterfield County for sale.
      11121 Coalboro Road, Chesterfield, VA 23838
      View Details
    • $2,500,000

      Prime Commercial Land on Route 1

      High-visibility commercial land with frontage on Jefferson Davis Highway.
      15100 Route 1, Chesterfield, VA 23834
      View Details
    • $3,146,000

      River Road Development Opportunity

      48+ acres of land for development in Chesterfield, VA.
      15300 River Road, Chesterfield, VA 23838
      View Details
    • $100,000

      Chesterfield Land with Development Potential

      2.389 acres of land in Chesterfield County, Virginia.
      6621 St George, Chesterfield, VA 23237
      View Details
    • $99,950

      Secluded Land in Chesterfield, VA

      5.46 acres of private land near Old Town Creek.
      20905 Matoaca Road, Chesterfield, VA 23803
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 6.74 acre buildable parcel in Chesterfield County, Virginia.
    Where is this agricultural land / farmland located?
    The property is located at 10220 Reedy Branch Road Chesterfield, VA.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: 6.74+/- acre buildable parcel in Chesterfield County, VA.; Zoned Agricultural, providing flexibility for various uses.; Conveniently located near Hull Street, Iron Bridge Road, 288 & I‑95.
    (804) 335-9994
    We can help!
    Listing Contact
    Carly Hancock
    Real Estate License ID: 0225238313
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    10220 Reedy Branch Road, Chesterfield, VA 23838
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!