Financial
Distress signals
Property profile

1501 Willis Rd North Chesterfield, VA 23237

OFF-MARKET
Other industrial properties
Property ID
US87-1194733
1,100 SF 0.95 ac lot Built 1983
Last sale Feb 2025 · $1,390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A freestanding office building totaling approximately 4,400 square feet is situated on a 0.95-acre lot in Richmond, Virginia. The property is configured as an office facility and has historically been leased under an NNN structure, with one year remaining at the time of the listing, which is relevant to prior lease terms rather than building features.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$425k
Assessed land$47k
Assessed improvement$378k
Effective rate0.92%

Value estimate

· Sep 2026
$290k
$261k – $319k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$47 – $444
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I3 - HVY INDUSTRIAL DIST
JurisdictionCHESTERFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand index
HVAC Service9.1
Plumbing Service8.8
Storage Facility8.6

Location

1501 Willis Rd North Chesterfield, VA 23237-2914
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9501 Burge, North Chesterfield, VA 23237-3032 $1,500,000 Jan 2025 2,000 SF
7712 Rte 1st, Richmond, VA 23237 $1,850,000 May 2024 1,768 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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