Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Warehouses
1610 Ashton Park Dr South Chesterfield, VA 23834-5907
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1235573
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2021
Total area
10,020 SF
Lot
22.1 ac (962,545 SF)
Zoning code
I2 - GEN INDUSTRIAL DIST
APN
810-63-96-19-700-000
UPID
US87-1235573
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
-
C W Wright Construction Co LLC Corporate Office Business Park
-
C W Wright Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$740k
Owner & transaction history
CWR PROPERTY LLC · 6 yrs held
CWR PROPERTY LLC
since 2020
Last sale
$750,000
1 recorded transaction
Zoning & alternative use
I2 - GEN INDUSTRIAL DIST · South Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+127.5%
Restaurant
$1.1M
+123.6%
Office building
$880,000
+87.3%
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 South Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Chesterfield 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
$635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$470,000
Current use
MEDICAL BUILDING
$1,070,000
Change: +128% · Conversion: Difficult
RESTAURANT
$1,055,000
Change: +124% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +87% · Conversion: Difficult
RETAIL STORES
$805,000
Change: +71% · Conversion: Moderate
AUTO REPAIR, GARAGE
$725,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $750k (Aug 21 2020)
Last sale anchor
$750k
Aug 21 2020
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
$74 / 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
$73,152
Tax year 2024
Assessed value
$8,084,900
Assessed 2024
Previous assessed
$6,587,400
+22.7% YoY
Effective rate
0.90%
On assessed value
Assessed land
$827,700
Assessed improvement
$7,257,200
Land market value
$827,700
Improvement market value
$7,257,200
Total market value
$8,084,900
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2021
Buildings
2
Total area
10,020 SF
Lot
22.1 ac (962,545 SF)
Zoning code
I2 - GEN INDUSTRIAL DIST
APN
810-63-96-19-700-000
UPID
US87-1235573
Jurisdiction
CHESTERFIELD
Zoning & alternative use
I2 - GEN INDUSTRIAL DIST · South Chesterfield, VA
Zoning I2 - GEN INDUSTRIAL DIST · permitted uses
I2 - GEN INDUSTRIAL DIST · South Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$470,000
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$725,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Buildings
2
Lot
22.1 ac
Current owner
From public records · entity-resolved
CWR PROPERTY LLC
Entity
Free & Clear · 6 yrs held
Mailing address
13281 RIVERS BND BLVD #201, CHESTER, VA 23836-8610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Aug 21, 2020
$750,000
—
—
—
—
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?”
You own 1610 Ashton Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
