Technical
Financial
Distress signals
Property profile

12540 Rte 1st 1 Chester, VA 23831

OFF-MARKET
Retail space
Property ID
US87-3836357
12,927 SF 1.64 ac lot Built 2007
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A 2,658-square-foot retail space within a larger 12,900-square-foot shadow shop development anchored by national retailers. The unit dimensions are approximately 44.25 feet by 60 feet and include access to pylon signage. The property is situated on Jefferson Davis Highway and is positioned near Interstate 95, in an area characterized by hotel and retail development with an established retail trade corridor.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 12,927 SF
Lot 1.64 ac (71,613 SF)
Zoning code C3 - COMMUNITY BUS DIST
APN 798-65-37-68-900-000
UPID US87-3836357

Cap rate & NOI

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

Location

12540 Rte 1st 1 Chester, VA 23831-5343
Chester metro Census 100505 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.52M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.23M

Owner & transaction history

since 2006
4 recorded transactions
2014
Price N/A
2007
Price N/A
2006
$1.5M
1969
Price N/A

Zoning & alternative use

C3 - COMMUNITY BUS DIST · Chester, VA
Top alternative use upside
Auto repair, garage $3.2M +22.5%

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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