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    Property profile & analytics

    1101 Carmia Way North Chesterfield, VA 23235-4795

    • Turn key restaurants
    • 4,688 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $1,205,000
    Last Sale
    May 15, 2020
    $1,350,000
    Location Intelligence
    Property ID
    US87-0694312
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • IHOP / Family Restaurant / American Restaurant
    • Super megadilla / Mexican Restaurant
    • TenderFix by Noah Schnapp / Chicken Restaurant / Fast Food Restaurant

    Property Details for 1101 Carmia Way

    Year built
    1998
    Lot size
    1.25 lot acres
    Property size
    4,688 SF
    Zone code
    C3 - COMMUNITY BUS DIST
    Property type
    Turn key restaurants
    APN
    743-70-92-75-500-000
    APU
    743709275500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,275,000
      6.5%
      $1,445,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,190,000
      Geo Method
      $1,420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,660,000
      Retail
      $1,360,000
      Mixed-Use
      $1,380,000
      Hospitality
      $1,470,000
      Educational
      $1,290,000
      Residential Income
      $1,285,000
      Energy
      $1,230,000
      Income-Based Land
      $1,235,000
      Food Service
      $1,575,000

    Location Insight

    • Map
    • Local Demand
    City
    North Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6024
    Latitude
    37.5075
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,135
    $741,500
    $766,400
    $1,507,900
    -
    $741,500
    $766,400
    $1,507,900

    Comparable in this City

    • Value Estimation by Request
      5,023 SF

      10911 Midlothian Tpke

      RESTAURANT • 5,023 SF
      10911 Midlothian Tpke, Richmond, VA 23235
      View Details
    • Value Estimation by Request
      5,120 SF

      8700 Midlothian Tpke

      RESTAURANT • 5,120 SF
      8700 Midlothian Tpke, North Chesterfield, VA 23235-5024
      View Details
    • Value Estimation by Request
      6,160 SF

      2063 Huguenot Rd

      RESTAURANT • 6,160 SF
      2063 Huguenot Rd, North Chesterfield, VA 23235-4305
      View Details
    • Value Estimation by Request
      9,439 SF

      8701 Midlothian Tpke

      RESTAURANT • 9,439 SF
      8701 Midlothian Tpke, North Chesterfield, VA 23235-5023
      View Details
    • Value Estimation by Request
      5,283 SF

      10201 Midlothian Tpke

      RESTAURANT • 5,283 SF
      10201 Midlothian Tpke, North Chesterfield, VA 23235-4403
      View Details
    • Value Estimation by Request
      9,113 SF

      11581 Robious Rd

      RESTAURANT • 9,113 SF
      11581 Robious Rd, North Chesterfield, VA 23235-4332
      View Details

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    Similar Nearby for Lease

    • $35 SF/Yr
      1,560 SF

      Prime Chesterfield Retail Space

      1,560 SF Restaurant, High Traffic
      11500 Midlothian Tpke, Richmond, VA 23235
      View Details
    • $25 SF/Yr
      1,600 SF

      Restaurant Space in Chesterfield Center

      Second generation restaurant space available immediately in Chesterfield.
      1221 Carmia Way, North Chesterfield, VA 23235
      View Details
    • $22 SF/Yr
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      Restaurant Space with Patio Seating

      Endcap restaurant space with outdoor courtyard in Richmond, Virginia.
      8000-8006 Buford Ct, Richmond, VA 23235
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    • $20 SF/Yr
      4,020 SF

      Restaurant Space in Chesterfield Center

      Existing restaurant space available immediately in high-income area.
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    • $18 SF/Yr
      44,371 SF

      Pocono Green Retail Center

      Bon Air, VA Strip Mall - 6 Suites Available
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    • $15 SF/Yr
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      Retail Space on Midlothian Turnpike

      Retail space available for lease on Midlothian Turnpike.
      10801 Midlothian Tpke, North Chesterfield, VA 23235
      View Details
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    North Chesterfield, VA 23235-4795
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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