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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Medical Office Space
2529 Professional Rd, North Chesterfield, VA 23235-3235
Entity Owned
~
Est. High Equity
Property ID
US87-3967790
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
4,536 SF
Lot
0.79 ac (34,195 SF)
Zoning code
A - AGRICULTURAL
APN
758-71-87-99-700-000
UPID
US87-3967790
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
-
Justin Brockbank, MD Physician
-
Samuel Andrew Taylor Physician
-
Dr. Elsa V. Mathew, MD Physician
-
Michele Nelson Physician
-
Lisa Sievers, NP Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$860k
Owner & transaction history
Lac219 LLC
Lac219 LLC
since 2025
Last sale
$805,925
7 recorded transactions
Zoning & alternative use
A - AGRICULTURAL · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+50.0%
Auto repair, garage
$825,000
+9.3%
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 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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$755,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$825,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$655,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $806k (Jul 16 2025)
Last sale anchor
$806k
Jul 16 2025
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
$190 / 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
$7,844
Tax year 2024
Assessed value
$796,000
Assessed 2024
Previous assessed
$796,000
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$51,600
Assessed improvement
$744,400
Land market value
$51,600
Improvement market value
$744,400
Total market value
$796,000
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
4,536 SF
Lot
0.79 ac (34,195 SF)
Zoning code
A - AGRICULTURAL
APN
758-71-87-99-700-000
UPID
US87-3967790
Jurisdiction
CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · North Chesterfield, VA
Zoning A - AGRICULTURAL · permitted uses
A - AGRICULTURAL · North Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
RETAIL STORES
Est. value
$655,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1988
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lac219 LLC
Entity
Mailing address
2529 PROFESSIONAL RD, NORTH CHESTERFIELD, VA 23235-3235
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Oct 16, 2025
$805,925
Lac219 LLC
2529 Professional Road Investments
Deed
$555,000 · 2529 Professional Road Investments
Jun 19, 2020
—
Professional Road Invs LLC
—
Deed
related
$226,000 · Wells Fargo Bk
Sep 19, 2006
—
2529 Proffessional Rd Inv LLC
Keblusek,charles W
Grant Deed
related
—
—
—
Professional Rd Investments LLC
—
Deed Of Trust
related
$400,000 · First Market Bank Fsb
—
—
Professional Road Invs LLC
—
Deed Of Trust
related
$226,000 · Wells Fargo Bk
—
—
Professional Road Inv LLC
—
Deed Of Trust
related
$300,000 · Wells Fargo Bk
—
—
Charles W Keblusek
—
Deed Of Trust
related
$50,000 · Branch Banking & Trust Co Va
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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