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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office buildings
11800 Chester Vlg Dr Chester, VA 23831-1782
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-0635555
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
2,564 SF
Lot
0.12 ac (5,314 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
789-65-51-56-200-000
UPID
US87-0635555
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
-
Mutual of Omaha Insurance Co Financial Advisor
-
Mass Mutual Financial Group Insurance Agency
-
Global Process Automation Industrial Engineer
-
RVA Hypnotherapy Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$720k
Owner & transaction history
Global Property Holding LLC · 5 yrs held
Global Property Holding LLC
since 2021
Last sale
$725,000
2 recorded transactions
Zoning & alternative use
C3 - COMMUNITY BUS DIST · Chester, 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 Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester 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
$745,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$460,000
7%
$430,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$815,000
Current use
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $725k (Jul 12 2021)
Last sale anchor
$725k
Jul 12 2021
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
$281 / 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
$5,952
Tax year 2024
Assessed value
$658,600
Assessed 2024
Previous assessed
$620,100
+6.2% YoY
Effective rate
0.90%
On assessed value
Assessed land
$54,700
Assessed improvement
$603,900
Land market value
$54,700
Improvement market value
$603,900
Total market value
$658,600
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
2,564 SF
Lot
0.12 ac (5,314 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
789-65-51-56-200-000
UPID
US87-0635555
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C3 - COMMUNITY BUS DIST · Chester, VAZoning C3 - COMMUNITY BUS DIST · permitted uses
C3 - COMMUNITY BUS DIST · Chester, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$815,000
OFFICE BUILDING Current
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
2002
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Global Property Holding LLC
Entity
Mailing address
4129 CLB CRSE DR, CHARLESTON, SC 29420-7521
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2021
$725,000
Global Property Holding LLC
Island Enterprises Building LLC
Warranty Deed
$580,000 · Pnc Bank National Association
Apr 8, 2016
—
Island Ents Building LLC
Wallace,george M JR
Grant Deed
related
$475,000 · Citizens Bk
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.
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