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    Property profile & analytics

    1529 Parham Rd Henrico, VA 23229-4604

    • Drive through restaurants
    • 4,686 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2023
    $20,300,000
    Location Intelligence
    Property ID
    US87-0611977
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chick-fil-A / Breakfast Restaurant / Caterer

    Property Details for 1529 Parham Rd

    Year built
    2010
    Lot size
    0.99 lot acres
    Property size
    4,686 SF
    Zone code
    B-2C
    Property type
    Drive through restaurants
    APN
    754-745-0612
    APU
    7547450612

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5641
    Latitude
    37.6049
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,356
    $494,500
    $1,235,100
    $1,729,600
    -
    $494,500
    $1,235,100
    $1,729,600

    Comparable in this City

    • Value Estimation by Request
      4,108 SF

      1778 Parham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,108 SF
      1778 Parham Rd, Henrico, VA 23229-4654
      View Details
    • Value Estimation by Request
      3,871 SF

      8900 Quioccasin Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,871 SF
      8900 Quioccasin Rd, Henrico, VA 23229-5504
      View Details
    • Value Estimation by Request
      3,878 SF

      1013 Parham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,878 SF
      1013 Parham Rd, Henrico, VA 23229-6434
      View Details
    • Value Estimation
      $520,000
      1,827 SF

      1782 Parham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,827 SF
      1782 Parham Rd, Henrico, VA 23229-4654
      View Details
    • Value Estimation
      $315,000
      1,153 SF

      1501 Eastridge Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,153 SF
      1501 Eastridge Rd, Henrico, VA 23229-5739
      View Details
    • Value Estimation
      $395,000
      1,827 SF

      6201 Riv Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,827 SF
      6201 Riv Rd, Henrico, VA 23229-8522
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      1,311 SF

      Retail Space in Henrico County

      Retail space available in a densely populated area.
      9215 Quioccasin Rd, Richmond, VA 23229
      View Details
    • Contact for pricing
      1,800 SF

      Neighborhood Shopping Center Retail Space

      Retail space in renovated neighborhood shopping center near Regency Mall.
      9101-9115 Quioccasin Rd, Richmond, VA 23229
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      Richmond Retail Center For Lease

      Neighborhood shopping center with high traffic and instant name recognition.
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      Luxury Retail Space in Richmond

      Retail center in the heart of Metro Richmond for rent.
      6221-6243 River Rd, Richmond, VA 23229
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      Retail Space for Lease

      Retail space available for rent in Richmond, Virginia.
      1400 N Parham Rd, Richmond, VA 23229
      View Details
    • Contact for pricing
      15,200 SF

      Regency Shopping Center Retail Space

      Retail spaces available in Richmond's neighborly shopping center.
      8910-9000 Quioccasin Rd, Richmond, VA 23229
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    1529 Parham Rd
    Henrico, VA 23229-4604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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