Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,360,000
Retail space
11001 Midlothian Tpke North Chesterfield, VA 23235-4784
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0079241
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
16,990 SF
Lot
1.14 ac (49,702 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
743-70-89-68-600-000
UPID
US87-0079241
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
-
Habanero Taqueria & Rotisserie Chicken Restaurant
-
Taqueria Y Antojitos El Chido ( Midlothian ) Restaurant
-
donuts company Bakery Discount Store
-
Beauty wizard by shirley garcia Skin Care Clinic
-
Braids & Beyond, LLC Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.14M
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$3.36M
Owner & transaction history
Rep Plaza LLC · 4 yrs held
Rep Plaza LLC
since 2022
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+95.3%
Commercial (general)
$4.2M
+73.4%
Auto repair, garage
$3.1M
+26.4%
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 North Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$3,305,000
ML approach
$3,140,000
CAP Approach
CAP Return
Estimation
6%
$3,090,000
6.5%
$2,855,000
7%
$2,650,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,450,000
Current use
RESTAURANT
$4,780,000
Change: +95% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,245,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,095,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$2,830,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Change: +14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,730,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$2,105,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $3.50M (Apr 4 2022)
Last sale anchor
$3.50M
Apr 4 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
$198 / 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
$30,681
Tax year 2024
Assessed value
$3,247,900
Assessed 2024
Previous assessed
$3,349,800
-3.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$1,550,000
Assessed improvement
$1,697,900
Land market value
$1,550,000
Improvement market value
$1,697,900
Total market value
$3,247,900
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
2
Stories
1
Total area
16,990 SF
Lot
1.14 ac (49,702 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
743-70-89-68-600-000
UPID
US87-0079241
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Zoning C5 - GEN BUSINESS DIST · permitted uses
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
RESTAURANT
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1964
Heating
NONE
Stories
1
Buildings
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Rep Plaza LLC
Entity
Mailing address
PO BOX 14588, RICHMOND, VA 23221-0588
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
$350,000
Rep Plaza LLC
11001 Midlothian LLC
Warranty Deed
$2,800,000 · First Community Bank
—
—
11001 Midlothian LLC
—
Deed Of Trust
related
$1,648,009 · Linda S Donahue
—
—
Amelia Retail LLC
—
Deed Of Trust
related
$2,650,000 · First Capital Bank Ssb
—
—
11001 Midlothian LLC
—
Deed Of Trust
related
$3,100,000 · First Capital Bank Ssb
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11001 Midlothian Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
