Property profile

12401 Rte 1st 1 Chester, VA 23831

OFF-MARKET
Drive through restaurants
Property ID
US87-0390403
3,306 SF 1.03 ac lot Built 1973
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1973
Total area 3,306 SF
Lot 1.03 ac (44,867 SF)
Zoning code C5 - GEN BUSINESS DIST
APN 798-65-58-20-900-000
UPID US87-0390403

Cap rate & NOI

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

Location

12401 Rte 1st 1 Chester, VA 23831-2320
Chester metro Census 100409 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.04M

Owner & transaction history

since 2022
Last sale
$1.1M
3 recorded transactions
2022
$1.1M
2012
$870,000
2010
$261,265

Zoning & alternative use

C5 - GEN BUSINESS DIST · Chester, VA
Top alternative use upside
Commercial (general) $1.6M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12401 Rte 1st 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message