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    Property profile & analytics

    1647 3rd Chopt Rd Richmond, VA 23233-7309

    • Industrial properties
    • 65,600 SF
    • 13.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 21, 2020
    Location Intelligence
    Property ID
    US87-3216853
    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

    • Industrial properties

    Property Details for 1647 3rd Chopt Rd

    Year built
    2019
    Lot size
    13.16 lot acres
    Property size
    65,600 SF
    Zone code
    B1-BUS/GEN
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    48 1 36A
    APU
    48136A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Goochland
    State
    Virginia
    Longitude
    -77.6513
    Latitude
    37.6682
    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
    2021
    $43,358
    $6,000,700
    $9,824,600
    $15,825,300
    -
    $6,000,700
    $9,824,600
    $15,825,300

    Comparable in this City

    • Value Estimation by Request
      0.74 Acres

      3 Chopt Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.74 Acres
      3 Chopt Rd, Richmond, VA 23233-7308
      View Details
    • Value Estimation by Request
      1.04 Acres

      3 Chopt Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.04 Acres
      3 Chopt Rd, Richmond, VA 23233-7308
      View Details
    • Value Estimation
      $120,000
      3.83 Acres

      12639 Broad St Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3.83 Acres
      12639 Broad St Rd, Richmond, VA 23233-7303
      View Details
    • Value Estimation by Request
      1,860 SF

      12855 Broad St Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,860 SF
      12855 Broad St Rd, Richmond, VA 23233-7402
      View Details
    • Value Estimation by Request
      1.00 Acre

      12909 Plz Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.00 Acre
      12909 Plz Dr, Richmond, VA 23233-7420
      View Details
    • Value Estimation
      $380,000
      1.82 Acres

      4 Rings Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1.82 Acres
      4 Rings Dr, Henrico, VA 23233
      View Details

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    1647 3rd Chopt Rd
    Richmond, VA 23233-7309
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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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