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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Hotels
12400 Redwater Crk Rd Chester, VA 23831-2342
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0599878
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Total area
51,036 SF
Lot
2.3 ac (100,275 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
800-65-42-89-600-000
UPID
US87-0599878
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
-
Fairfield Inn by Marriott Richmond Chester Hotel & Motel
-
Fairfield Inn Richmond Chester Hotel & Motel
-
Hotel para Imp de SAP Virginia Hotel & Motel
-
12400 Redwater Creek Road Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.22M
Owner & transaction history
Jupiter Hospitality LLC · 9 yrs held
Jupiter Hospitality LLC
since 2016
6 recorded transactions
Zoning & alternative use
C5 - GEN BUSINESS 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
by Request
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,545,000
Current use
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$24 / 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
$75,271
Tax year 2024
Assessed value
$8,310,900
Assessed 2024
Previous assessed
$6,746,100
+23.2% YoY
Effective rate
0.91%
On assessed value
Assessed land
$725,600
Assessed improvement
$7,585,300
Land market value
$725,600
Improvement market value
$7,585,300
Total market value
$8,310,900
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1996
Heating
NONE
Stories
4
Total area
51,036 SF
Lot
2.3 ac (100,275 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
800-65-42-89-600-000
UPID
US87-0599878
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C5 - GEN BUSINESS DIST · Chester, VA
Zoning C5 - GEN BUSINESS DIST · permitted uses
C5 - GEN BUSINESS DIST · Chester, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.5M
HOTEL/MOTEL 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
1996
Heating
NONE
Stories
4
Lot
2.3 ac
Current owner
From public records · entity-resolved
Jupiter Hospitality LLC
Entity
Mailing address
1274 RXR PLZ, UNIONDALE, NY 11556-1200
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2016
—
Jupiter Hospitality LLC
—
Deed
related
$8,040,000 · Park Sterling Bk
Oct 18, 2012
—
Trivedi LLC
—
Deed Of Trust
related
$3,245,467 · First Capital Bank Ssb
Oct 4, 2007
—
Trivedi LLC
—
Deed Of Trust
related
$3,200,000 · First Cap Bk
—
—
Trivedi LLC
—
Deed Of Trust
related
$500,000 · First Capital Bank Ssb
—
—
Trivedi LLC
—
Deed Of Trust
related
$800,000 · First Capital Bank Ssb
—
—
Jupiter Hospitality LLC
—
Loan Modification
related
$8,040,000 · Park Sterling 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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