0 Iron Bridge Rd, Chester, VA 23831
This exceptional investment opportunity encompasses seven retail outparcels totaling 653,400 square feet situated on approximately 1.06 to 3.13 acres of land at the highly visible intersection of Iron Bridge Road and Branders Bridge Road in Chester, Virginia. The property boasts a prime location with a significant daily traffic count of 37,000 vehicles on Iron Bridge Road, ensuring high visibility and accessibility for businesses. The development features full-movement interconnecting interior roads, providing convenient access from Branders Bridge Road, including a right-in/right-out access point between two of the outparcels and a median break on Iron Bridge Road for optimal access. The site is zoned C-3, allowing for a variety of retail uses, including a daycare/nursery, gas station, and quick-service restaurant, as evidenced by the existing tenants. With nine new residential communities delivering over 1000 homes between 2024 and 2025, this development offers a strong and growing customer base. The property is available for ground lease or build-to-suit opportunities, presenting a unique chance for investors to capitalize on the thriving Chester market. The APN numbers are 782652501100000, 782652031600000, 782652921300000, 783652131500000, 782651907500000, 782651706900000, 782651576100000, 782651456700000, and 782651357700000. This is a multi-tenant NNN lease property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.