Property profile

12305 Rte 1st 1 Chester, VA 23831

OFF-MARKET
Turn key restaurants
Property ID
US87-0087116
5,555 SF 2 ac lot Built 2006
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 5,555 SF
Lot 2 ac (87,120 SF)
Zoning code C5 - GEN BUSINESS DIST
APN 798-65-57-26-900-000
UPID US87-0087116

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12305 Rte 1st 1 Chester, VA 23831-2341
Chester metro Census 100409 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$3.25M

Owner & transaction history

since 2021
Last sale
$3.2M
3 recorded transactions
2021
$3.2M
2005
$1.0M
2005
$575,000

Zoning & alternative use

C5 - GEN BUSINESS DIST · Chester, VA
Top alternative use upside
Commercial (general) $2.6M +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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