Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Manufacturing properties
1711 Reymet Rd North Chesterfield, VA 23237-3727
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US87-3939094
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1985
Total area
5,208 SF
Lot
18.26 ac (795,493 SF)
Zoning code
I3 - HVY INDUSTRIAL DIST
APN
799-66-71-80-600-000
UPID
US87-3939094
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
-
R J Smith Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$366k
Blend (final)
Blend
$510k
Owner & transaction history
Reymet Inv LLC · 21 yrs held
Reymet Inv LLC
since 2004
7 recorded transactions
Zoning & alternative use
I3 - HVY INDUSTRIAL DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$835,000
+56.0%
Office building
$770,000
+43.5%
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
$335,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$535,000
Current use
APARTMENT HOUSE (5+ UNITS)
$835,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$98 / 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
$26,455
Tax year 2024
Assessed value
$2,700,600
Assessed 2024
Previous assessed
$2,487,100
+8.6% YoY
Effective rate
0.98%
On assessed value
Assessed land
$776,600
Assessed improvement
$1,924,000
Land market value
$776,600
Improvement market value
$1,924,000
Total market value
$2,700,600
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1985
Heating
OTHER
Cooling
NONE
Buildings
4
Stories
1
Total area
5,208 SF
Lot
18.26 ac (795,493 SF)
Zoning code
I3 - HVY INDUSTRIAL DIST
APN
799-66-71-80-600-000
UPID
US87-3939094
Jurisdiction
CHESTERFIELD
Zoning & alternative use
I3 - HVY INDUSTRIAL DIST · North Chesterfield, VAZoning I3 - HVY INDUSTRIAL DIST · permitted uses
I3 - HVY INDUSTRIAL 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
INDUSTRIAL (GENERAL) Current
Est. value
$535,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$835,000
OFFICE BUILDING
Est. value
$770,000
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1985
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
4
Lot
18.26 ac
Current owner
From public records · entity-resolved
Reymet Inv LLC
Entity
Mailing address
1711 REYMET RD, NORTH CHESTERFIELD, VA 23237-3727
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
—
Reymet Investments LLC
—
Deed
related
$6,835,000 · First Bank
Oct 21, 2016
—
Reymet Investments LLC
—
Deed
related
$675,000 · Richmond Commercial 2
Feb 15, 2013
—
Reymet Inv S LLC
—
Deed Of Trust
related
$1,800,000 · First Capital Bank Ssb
Dec 30, 2004
$550,000
Reymet Inv LLC
Wabash Aluminum Alloys LLC
Grant Deed
$900,000 · First Market Bank Fsb
—
—
Reymet Inv S LLC
—
Deed Of Trust
related
$250,000 · First Capital Bank Ssb
—
—
Reymet Inv S LLC
—
Deed Of Trust
related
$425,000 · First Cap Bk
—
—
Reymet Investments LLC
—
Loan Modification
related
$675,000 · Richmond Commercial 2
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 1711 Reymet Rd?
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.
