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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Office buildings
11800 Lewis Rd Chester, VA 23831-3735
Entity Owned
10-yr Hold
Free & Clear
Property ID
US87-0351141
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Construction
WOOD
Total area
4,320 SF
Lot
31.09 ac (1,354,411 SF)
Zoning code
A - AGRICULTURAL
APN
774-65-35-70-900-000
UPID
US87-0351141
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
-
Shoosmith Bros Inc Construction Company General Contractor
-
County Waste Chester Waste Management Facility Hazardous Waste Disposal
-
GFL Richmond MRF Waste Management Facility Hazardous Waste Disposal
-
Shoosmith Construction Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.05M
Owner & transaction history
Shoosmith Construction INC · 10 yrs held
Shoosmith Construction INC
since 2016
7 recorded transactions
Zoning & alternative use
A - AGRICULTURAL · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,375,000
Current use
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10%
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
$243 / 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
$33,785
Tax year 2024
Assessed value
$3,753,900
Assessed 2024
Previous assessed
$3,669,500
+2.3% YoY
Effective rate
0.90%
On assessed value
Assessed land
$1,790,300
Assessed improvement
$1,963,600
Land market value
$1,790,300
Improvement market value
$1,963,600
Total market value
$3,753,900
Applied tax rate
3.0000
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
1953
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Rooms
9
Bathrooms
2
Total area
4,320 SF
Lot
31.09 ac (1,354,411 SF)
Zoning code
A - AGRICULTURAL
APN
774-65-35-70-900-000
UPID
US87-0351141
Jurisdiction
CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · Chester, VAZoning A - AGRICULTURAL · permitted uses
A - AGRICULTURAL · 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
$1.4M
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
1953
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Rooms
9
Bathrooms
2
Lot
31.09 ac
Current owner
From public records · entity-resolved
Shoosmith Construction INC
Entity
Free & Clear · 10 yrs held
Mailing address
11800 LEWIS RD, CHESTER, VA 23831-3735
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2016
—
Shoosmith Cnst INC
—
Deed
related
$350,000 · Wells Fargo Bk
Feb 5, 2016
—
Shoosmith Construction INC
Richmond 20mhz LLC
Quit Claim Deed
related
—
Aug 25, 2009
—
Shoosmith Bros INC
Virginia Electric & Power
Quit Claim Deed
related
—
Jul 1, 2008
—
Shoosmith Bros INC
—
Deed Of Trust
related
$5,000,000 · Comerica Bank
—
—
Shoosmith Construction INC
—
Deed Of Trust
related
$1,500,000 · Wells Fargo Bk
—
—
Ironbridge Sports Park LLC
—
Deed Of Trust
related
$88,000 · Wells Fargo Bk
—
—
Shoosmith Cnst INC
—
Loan Modification
related
$350,000 · Wells Fargo 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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