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    Property profile & analytics

    11500 Iron Brg Rd Chester, VA 23831-1449

    • Industrial properties
    • 11,640 SF
    • 6.75 lot acres
    OFF-MARKET
    Value Estimation
    $4,420,000
    Last Sale
    Feb 26, 2025
    $4,300,000
    Location Intelligence
    Property ID
    US87-3920268
    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

    • Diesel Worx / Truck Repair Shop

    Property Details for 11500 Iron Brg Rd

    Year built
    1986
    Lot size
    6.75 lot acres
    Property size
    11,640 SF
    Zone code
    C5 - GEN BUSINESS DIST
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    773-65-49-79-400-000
    APU
    773654979400000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,245,000
      6.5%
      $4,345,000
      7%
      $4,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,055,000
      Geo Method
      $4,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,515,000
      Retail
      $4,345,000
      Mixed-Use
      $4,070,000
      Hospitality
      $3,625,000
      Educational
      $4,045,000
      Residential Income
      $3,930,000
      Energy
      $3,315,000
      Income-Based Land
      $3,955,000
      Food Service
      $3,950,000

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.4986
    Latitude
    37.3567
    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
    $30,110
    $1,261,200
    $2,045,500
    $3,306,700
    -
    $1,261,200
    $2,045,500
    $3,306,700

    Comparable in this City

    • Value Estimation
      $370,000
      1,000 SF

      13156 Rte 1st 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,000 SF
      13156 Rte 1st 1, Chester, VA 23831-5315
      View Details
    • Value Estimation by Request
      25,740 SF

      11200 Iron Brg Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 25,740 SF
      11200 Iron Brg Rd, Chester, VA 23831-1443
      View Details
    • Value Estimation by Request
      177,100 SF

      13721 Rte 1st 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 177,100 SF
      13721 Rte 1st 1, Chester, VA 23831-5329
      View Details
    • Value Estimation
      $1,225,000
      9,620 SF

      2410 Southland Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 9,620 SF
      2410 Southland Dr, Chester, VA 23831-2365
      View Details
    • Value Estimation by Request
      12,654 SF

      13701 Rte 1st 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 12,654 SF
      13701 Rte 1st 1, Chester, VA 23831-5329
      View Details
    • Value Estimation
      $355,000
      4,648 SF

      13200 Rte 1st 1

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,648 SF
      13200 Rte 1st 1, Chester, VA 23831-5318
      View Details

    Similar Nearby for Sale

    • $350,000
      0.51 Acres

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      High-traffic Chester, VA retail site.
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      Corner commercial land for sale at signalized intersection.
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      Retail center in Chester, Virginia with excellent accessibility.
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      Land For Sale, Chester, VA

      Land available in Chester, Virginia.
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Chester Retail Pad

      High-visibility land, ideal for development.
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      View Details
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      1,251 SF

      Office Space in Chester, VA

      Office space available for rent in Chester, Virginia.
      11601 Iron Bridge Rd, Chester, VA 23831
      View Details
    • $20 SF/Yr
      6,318 SF

      Second Floor Office Space Available

      6,318 SF office space with elevator access.
      3700 Festival Park Plz, Chester, VA 23831
      View Details
    • Contact for pricing
      7,400 SF

      Office/Medical Space on Iron Bridge

      Office and medical spaces available for lease on Iron Bridge.
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    • Contact for pricing
      2,658 SF

      Retail Space Available for Lease

      2,658 SF retail space with high visibility and signage.
      12540 Jefferson Davis Hwy, Chester, VA 23831
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Iron Bridge

      Retail space available at a signalized intersection on Iron Bridge.
      10322 Iron Bridge Rd, Chester, VA 23831
      View Details
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    Chester, VA 23831-1449
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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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