11300 Iron Brg Rd Chester, VA 23831-1428
Property Lookup
Property profile & analytics
11300 Iron Brg Rd Chester, VA 23831-1428
- Office buildings
- 6,120 SF
- 1.00 lot acres
Property ID
US87-1023864
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.
Location Intelligence
Current Use by Public Records
- Midpoint Chiropractic And Acupuncture Dr. G.W. Chirkinian, DC / Alternative Medicine Practice
- Dr. D's Quality Handyman Services / Hardware & Home Improvement / General Contractor
- Hi Tech Dental Lab / Dental Office
- Commforce LLC / Title Company
- Nexus Community Services / Charitable Organization / Social Service Agency
Property Details for 11300 Iron Brg Rd
- Year built
- 1984
- Lot size
- 1.00 lot acres
- Property size
- 6,120 SF
- Zone code
- R7 - SINGLE FAMILY RES
- Property type
- Office buildings
- APN
- 773-65-68-03-600-000
- APU
- 773656803600000
Description
This 6,120 square foot medical office building in Chester, Virginia, presents a unique owner-user and investment opportunity. Situated on a 1.004-acre lot with prominent Iron Bridge Road (Route 10) frontage boasting 25,000 ADT, this single-story, 1988-built property offers significant visibility and accessibility. The building features five units, currently 83% occupied by four tenants, including Chesterfield County and Hi Tech Dental Lab. Recent renovations (2023 and 2024) included a new HVAC unit, roof repairs, and parking lot improvements. The interior is easily reconfigurable due to non-load-bearing walls, allowing for flexible space planning. A significant portion (3,066 square feet) is immediately available for lease or owner-occupancy. The property benefits from its strategic location near major interstates (I-95 and I-288), significant residential developments (Courthouse Landing and Attain at Swift Creek Apartments), and ample retail amenities. The asking price is $1,150,000 ($187.91/sq ft), with current tenants paying below-market rates, offering potential for future rental increases (3% annually). Additional undeveloped land at the rear of the property provides development potential for increased frontage on Iron Bridge Road. This property is zoned R7 with an O2 variance. The building is classified as Class C with a modified lease type. This is an exceptional opportunity for an owner-user seeking immediate occupancy and long-term investment potential in a thriving commercial area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,195,000
- 6.5%
- $1,105,000
- 7%
- $1,025,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $674,000
Market price range: $445k - $1.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.4991
- Latitude
- 37.3605
- 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
$4,772
$293,000
$217,200
$510,200
-
$293,000
$217,200
$510,200
