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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Office buildings
2737 Mcrae Rd North Chesterfield, VA 23235-3055
Individually Owned
6-yr Hold
Free & Clear
Property ID
US87-0738117
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
6,201 SF
Lot
0.38 ac (16,683 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
754-71-96-09-800-000
UPID
US87-0738117
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
-
TJ Perry Real Estate Agent - Berkshire Hathaway HomeServices Real Estate Agency
-
Linwood Boswell, BHHS PenFed Realty Real Estate Agency
-
Aaron Gilbert, Richmond Realtor - Berkshire Hathaway HomeServices PenFed Realty Real Estate Agency
-
Sam Plott, Realtor | Berkshire Hathaway Home Services PenFed Realty Real Estate Agency
-
Berkshire Hathaway HomeServices PenFed Realty: Teresa Melton Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$844k
Blend (final)
Blend
$1.13M
Owner & transaction history
Pentagon FCU · 6 yrs held
Pentagon FCU
since 2019
3 recorded transactions
Zoning & alternative use
C2 - NBHD BUSINESS DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+127.3%
Commercial (general)
$1.6M
+101.8%
Auto repair, garage
$1.1M
+47.1%
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%
$1,480,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$770,000
Current use
RESTAURANT
$1,745,000
Change: +127% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,550,000
Change: +102% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,130,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$1,035,000
Change: +35% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,020,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$995,000
Change: +30% · Conversion: Easy
RETAIL STORES
$895,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$182 / 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
$7,450
Tax year 2024
Assessed value
$811,100
Assessed 2024
Previous assessed
$763,600
+6.2% YoY
Effective rate
0.92%
On assessed value
Assessed land
$174,300
Assessed improvement
$636,800
Land market value
$174,300
Improvement market value
$636,800
Total market value
$811,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
6,201 SF
Lot
0.38 ac (16,683 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
754-71-96-09-800-000
UPID
US87-0738117
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C2 - NBHD BUSINESS DIST · North Chesterfield, VA
Zoning C2 - NBHD BUSINESS DIST · permitted uses
C2 - NBHD BUSINESS DIST · 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
OFFICE BUILDING Current
Est. value
$770,000
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$995,000
RETAIL STORES
Est. value
$895,000
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1974
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Pentagon FCU
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 247027, OMAHA, NE 68124-7027
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
Aug 19, 2019
$1,070,000
Pentagon FCU
Jackson,robin S
Warranty Deed
related
—
Nov 6, 2017
—
Earl M Jackson
Jackson,robin S
Quit Claim Deed
related
—
Oct 13, 2011
$250,000
Robin S Jackson
Hazelton,winifred S
Grant Deed
—
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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