Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1301 W Hundred Rd Chester, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available for lease in Chesterfield, Virginia.

    Type:OFFICE
    Property size:
    8,894 SF
    Lot size:
    102.03 Acres
    Added:
    Feb 20, 2023
    Days on Market:
    1165
    Last Refresh:
    Apr 5 at 10:13 pm

    Property Features for 1301 W Hundred Rd

    General Information

    Standard status
    Active
    Size
    8,894 SF
    Lot size
    102.03 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 1301 W Hundred Rd Contact us

    We can help!

    Listing Contact
    Charles "Charlie" Polk, III, SIOR

    Listing agent Charles "Charlie" Polk, III, SIOR

    Listing office JLL | Richmond

    Listing date Feb 20, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JLL | Richmond

    Overview

    Office Space in Chesterfield, Virginia

    Office space is available for lease at the SuperValu Office Building, located at 1301 W Hundred Rd, Chesterfield, Virginia 23836. The property offers 8,894 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Lineage Storage Facility Virginia DMV for CDL High School Nestle / Purina Shipping Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.3356
    Latitude
    37.338

    Nearby Similar for Lease

    • $1,500/Mo

      Office Space in Chester, VA

      Office space for rent featuring reception area and fresh updates.
      2655 OSBORNE Road, Chester, VA 23831
      View Details
    • $1,875/Mo

      Chesterfield County Office/Warehouse Space

      1,500 SF office/warehouse space available for rent in Chesterfield County.
      4110 W Hundred Rd, Chester, VA 23831
      View Details
    • $14 SF/Yr

      Office Space Available For Rent

      Office space with climate control, suitable for office use.
      12910 Old Stage Rd, Chester, VA
      View Details
    • Contact for pricing

      New Industrial Buildings Near I-95

      Newly constructed industrial buildings with modern design and easy access.
      1900 Battery Dantzler Rd, Chester, VA 23836
      View Details
    • Contact for pricing

      Retail Space in Chester Village

      4,900 SF retail space for lease in Chester, Virginia.
      4408 West Hundred Road, Chester, VA 23831
      View Details
    • Contact for pricing

      Retail Location in Chester

      Highly visible retail space in a walkable residential area.
      4312-4322 West Hundred Road | Chester, VA 23831
      View Details
    • Contact for pricing

      Retail Center Anchored by Food Lion

      Shopping center in Chester, VA, off I-95S.
      12100 Bermuda Crossroad Lane, Chester, VA, 23831
      View Details
    • $20 SF/Yr

      Second Floor Office Space Available

      6,318 SF office space with elevator access.
      3700 Festival Park Plz, Chester, VA
      View Details
    • Contact for pricing

      Retail/Office Space on Route 10

      Retail and office spaces with high traffic and accessibility.
      245 E Hundred Rd, Chester, VA 23836
      View Details
    • Contact for pricing

      Office Space in Chester, VA

      Office space available for rent in Chester, Virginia.
      11601 Iron Brg Rd, Chester, VA
      View Details
    • Contact for pricing

      Retail Space Near Walmart Anchor

      2,700 SF retail space with high traffic and strong demographics.
      11964-11996 Iron Bridge Rd, Chester, VA
      View Details
    • $21 SF/Yr

      Former Restaurant Space Available

      2,200 SF former restaurant space for lease.
      12200-12330 Branders Creek Dr, Chester, VA
      View Details

    FAQs

    What type of property is this?
    Office building - Office space available for lease in Chesterfield, Virginia.
    Where is this office building located?
    The property is located at 1301 W Hundred Rd Chester, VA.
    What are key features of this property?
    This property features: Office space available for lease.; Located in the SuperValu Office Bldg.; Address: 1301 W Hundred Rd.
    (804) 200-6415 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Charles "Charlie" Polk, III, SIOR
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!