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Property profile & analytics
FOR SALE
Office buildings
13203 N Enon Church Rd Chester, VA 23836
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US87-1215419
For Sale
1 / 2
$22,140,000
13203 N Enon Church Rd, Chester, VA 23836
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Total area
142,970 SF
Lot
9.73 ac (423,839 SF)
Zoning code
I3 - HVY INDUSTRIAL DIST
APN
826-65-38-21-500-000
UPID
US87-1215419
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
-
Tier 7 Eatery Restaurant
-
Meraki Mental Health Services Crisis Center Medical Clinic
-
Army Healthcare Recruiting Center - Richmond, VA Employment Agency
-
Health Professional Recruiting Federal Government Office Military Recruiting Office
-
River's Bend East Office & Technology Center Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.76M
Comparable Approach
Comparable
$22.75M
Blend (final)
Blend
$22.14M
Owner & transaction history
Rivers Bnd East Office Group · 11 yrs held
Rivers Bnd East Office Group
since 2014
1 recorded transaction
Zoning & alternative use
I3 - HVY INDUSTRIAL 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
by Request
CAP Approach
CAP Return
Estimation
6%
$27,905,000
6.5%
$25,755,000
7%
$23,915,000
Blend value · Realmo final
$22.14M
Range $19.93M – $24.35M · ±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
$155 / 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
$57,027
Tax year 2024
Assessed value
$6,083,500
Assessed 2024
Previous assessed
$6,484,200
-6.2% YoY
Effective rate
0.94%
On assessed value
Assessed land
$873,100
Assessed improvement
$5,210,400
Land market value
$873,100
Improvement market value
$5,210,400
Total market value
$6,083,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1966
Heating
YES
Cooling
YES
Stories
2
Total area
142,970 SF
Lot
9.73 ac (423,839 SF)
Zoning code
I3 - HVY INDUSTRIAL DIST
APN
826-65-38-21-500-000
UPID
US87-1215419
Jurisdiction
CHESTERFIELD
Zoning & alternative use
I3 - HVY INDUSTRIAL DIST · Chester, VA
Zoning I3 - HVY INDUSTRIAL DIST · permitted uses
I3 - HVY INDUSTRIAL 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
1966
Heating
YES
Cooling
Yes
Stories
2
Lot
9.73 ac
Current owner
From public records · entity-resolved
Rivers Bnd East Office Group
Entity
Mailing address
13281 RIVERS BND BLVD #201, CHESTER, VA 23836-8610
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2014
—
Rivers Bnd East Office Group
—
Grant Deed
related
$8,528,877 · Evb
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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