Technical
Financial
Distress signals
Property profile

12550 Rte 1st 1 Chester, VA 23831

OFF-MARKET
Retail space
Property ID
US87-0890693
4,506 SF 0.85 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 4,506 SF
Lot 0.85 ac (36,852 SF)
Zoning code C3 - COMMUNITY BUS DIST
APN 798-65-38-17-400-000
UPID US87-0890693

Cap rate & NOI

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

Location

12550 Rte 1st 1 Chester, VA 23831-5317
Chester metro Census 100505 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$2.07M

Owner & transaction history

since 2021
Last sale
$2.0M
7 recorded transactions
2021
$2.0M
2018
$800,000
2017
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 - COMMUNITY BUS DIST · Chester, VA
Top alternative use upside
Commercial (general) $2.1M +134.6%
Office building $1.4M +57.6%

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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