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Property profile & analytics
OFF-MARKET
Office Spaces
10305 Memory Ln Ste 102 Chesterfield, VA 23832-8815
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US87-1151908
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1992
Total area
1,107 SF
Lot
2.09 ac (90,953 SF)
Zoning code
O2 - CORP OFFICE DIST
APN
774-66-02-49-700-008
UPID
US87-1151908
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lee & Ben LLC · 6 yrs held
Lee & Ben LLC
since 2019
4 recorded transactions
Zoning & alternative use
O2 - CORP OFFICE DIST · Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$972
Tax year 2024
Assessed value
$105,200
Assessed 2024
Previous assessed
$105,900
-0.7% YoY
Effective rate
0.92%
On assessed value
Assessed land
$25,300
Assessed improvement
$79,900
Land market value
$25,300
Improvement market value
$79,900
Total market value
$105,200
Applied tax rate
1.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1992
Heating
NONE
Stories
1
Total area
1,107 SF
Lot
2.09 ac (90,953 SF)
Zoning code
O2 - CORP OFFICE DIST
APN
774-66-02-49-700-008
UPID
US87-1151908
Jurisdiction
CHESTERFIELD
Zoning & alternative use
O2 - CORP OFFICE DIST · Chesterfield, VAZoning O2 - CORP OFFICE DIST · permitted uses
O2 - CORP OFFICE DIST · Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Stories
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Lee & Ben LLC
Entity
Mailing address
10980 BLAND RDG DR, SOUTH PRINCE GEORGE, VA 23805-7143
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2019
$105,000
Lee & Ben LLC
Sheric Ents LLC
Warranty Deed
$89,250 · First Citizens Bk
Feb 17, 2012
$105,000
Sheric Ents LLC
Mcleod,gloria M
Grant Deed
—
Oct 13, 2004
$82,000
Gloria M Mcleod
Chesterfield Meadows Office Park
Grant Deed
—
—
—
Gloria W Mcleod
—
Deed Of Trust
related
$76,882 · Southtrust Bank NA
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.
Try Rey
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