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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Office buildings
10106 Krause Rd Chesterfield, VA 23832-6572
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0026588
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
3,480 SF
Lot
0.51 ac (22,346 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
771-66-18-64-700-000
UPID
US87-0026588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Relax and Revive Massage Alternative Medicine Practice Spa & Massage Center
-
Keep Rolling Driving School Vocational School Training Center
-
Center For Counseling & Behavior Crisis Center Medical Clinic
-
Metamorphosis Health and Wellness Center Crisis Center Medical Clinic
-
Mary Sciotto Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$795k
Owner & transaction history
Workwise Properties LLC · 4 yrs held
Workwise Properties LLC
since 2022
Last sale
$780,000
3 recorded transactions
Zoning & alternative use
C2 - NBHD BUSINESS DIST · Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+58.4%
Auto repair, garage
$860,000
+26.1%
Retail stores
$705,000
+2.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$735,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$685,000
Current use
COMMERCIAL (GENERAL)
$1,080,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$860,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$705,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $780k (Jul 5 2022)
Last sale anchor
$780k
Jul 5 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,193
Tax year 2024
Assessed value
$567,300
Assessed 2024
Previous assessed
$597,000
-5.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$115,100
Assessed improvement
$452,200
Land market value
$115,100
Improvement market value
$452,200
Total market value
$567,300
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Total area
3,480 SF
Lot
0.51 ac (22,346 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
771-66-18-64-700-000
UPID
US87-0026588
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C2 - NBHD BUSINESS DIST · Chesterfield, VAZoning C2 - NBHD BUSINESS DIST · permitted uses
C2 - NBHD BUSINESS DIST · Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$860,000
RETAIL STORES
Est. value
$705,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Workwise Properties LLC
Entity
Mailing address
1107 BACH LN, MIDLOTHIAN, VA 23114-4608
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$780,000
Workwise Properties LLC
Rosewood Properties LLC
Warranty Deed
$780,000 · Rosewood Properties LLC
Dec 12, 2019
—
Rosewood Props LLC
—
Deed
related
$455,000 · Atlantic Union Bk
—
—
Rosewood Props LLC
—
Deed Of Trust
related
$455,000 · Atlantic Union Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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