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Property profile & analytics
OFF-MARKET
Estimated value
$4,555,000
Auto shops
1700 Willis Rd North Chesterfield, VA 23237-2911
Entity Owned
7-yr Hold
Free & Clear
Property ID
US87-0015801
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1974
Total area
17,568 SF
Lot
22.97 ac (1,000,747 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
797-67-31-00-200-000
UPID
US87-0015801
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
-
Abilene Motor Express Trucking Company
-
Knight Truck and Trailer Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.01M
Blend (final)
Blend
$4.56M
Owner & transaction history
Abilene Motor Express LLC · 7 yrs held
Abilene Motor Express LLC
since 2019
3 recorded transactions
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+54.5%
Commercial (general)
$4.1M
+27.9%
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 North Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,200,000
Current use
RESTAURANT
$4,945,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,090,000
Change: +28% · Conversion: Moderate
MEDICAL BUILDING
$2,925,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,885,000
Change: -10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,825,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$4.56M
Range $4.10M – $5.01M · ±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
$259 / 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
$56,388
Tax year 2024
Assessed value
$5,593,100
Assessed 2024
Previous assessed
$5,639,700
-0.8% YoY
Effective rate
1.01%
On assessed value
Assessed land
$507,600
Assessed improvement
$5,085,500
Land market value
$507,600
Improvement market value
$5,085,500
Total market value
$5,593,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
17,568 SF
Lot
22.97 ac (1,000,747 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
797-67-31-00-200-000
UPID
US87-0015801
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VAZoning C5 - GEN BUSINESS DIST · permitted uses
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.2M
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1974
Heating
NONE
Stories
1
Lot
22.97 ac
Current owner
From public records · entity-resolved
Abilene Motor Express LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 34507, NORTH CHESTERFIELD, VA 23234-0507
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2019
$5,280,000
Abilene Motor Express LLC
Khj 1700 Willis LLC
Grant Deed
—
Feb 28, 2006
$1,210,000
Khj 1700 Willis LLC
Abilene Motor Express INC
Deed Of Trust
related
$1,500,000 · Peoples Bank Va
—
—
Khj 1700 Willis LLC
—
Loan Modification
related
$2,453,910 · First Community Bank
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.
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