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Property profile & analytics
OFF-MARKET
Drive through restaurants
12820 Rte 1st 1, Chester, VA 23831-5368
Entity Owned
12-yr Hold
Free & Clear
Property ID
US87-0347733
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1992
Total area
2,066 SF
Lot
0.93 ac (40,380 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
798-65-39-45-200-000
UPID
US87-0347733
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mykonos Properties LLC · 12 yrs held
Mykonos Properties LLC
since 2013
6 recorded transactions
Zoning & alternative use
C3 - COMMUNITY BUS 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,945
Tax year 2024
Assessed value
$1,085,600
Assessed 2024
Previous assessed
$986,500
+10.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$461,900
Assessed improvement
$623,700
Land market value
$461,900
Improvement market value
$623,700
Total market value
$1,085,600
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1992
Heating
YES
Cooling
YES
Stories
1
Total area
2,066 SF
Lot
0.93 ac (40,380 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
798-65-39-45-200-000
UPID
US87-0347733
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C3 - COMMUNITY BUS DIST · Chester, VA
Zoning C3 - COMMUNITY BUS DIST · permitted uses
C3 - COMMUNITY BUS 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.
Building & site characteristics
From public records
Year built
1992
Heating
YES
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Mykonos Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 393, PICO RIVERA, CA 90660-0393
Ownership since
2013
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
May 9, 2018
—
Mykonos Props LLC
—
Deed
related
$53,250 · Compass Fed'l S&l
Jun 6, 2017
—
Mykonos Properties LLC
—
Loan Modification
related
$153,652,871 · Compass Bk
Mar 3, 2016
—
Mykonos Properties LLC
—
Grant Deed
related
$64,600,000 · Compass Bk
Dec 3, 2013
$753,000
Mykonos Properties LLC
Burgerbusters IV LLC
Grant Deed
—
—
—
Burgerbusters IV LLC
—
Deed Of Trust
related
$80,000,000 · General Electric Capital Corp
—
—
Mykonos Props LLC
—
Deed Of Trust
related
$53,250 · Compass Fed'l S&l
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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