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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office buildings
4222 Bonniebank Rd North Chesterfield, VA 23234-6602
Entity Owned
5-yr Hold
Free & Clear
Property ID
US87-3955234
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
WOOD
Total area
3,533 SF
Lot
0.95 ac (41,469 SF)
Zoning code
A - AGRICULTURAL
APN
780-68-77-32-300-000
UPID
US87-3955234
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
-
Micah Waldron - State Farm Insurance Agent Insurance Agency
-
Hopkins Massage Alternative Medicine Practice Spa & Massage Center
-
Chayah Counseling Psychotherapist
-
Altruistic Life Services Social Service Agency
-
Driving School Inc Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$818k
Blend (final)
Blend
$660k
Owner & transaction history
Marydia Invs LLC · 5 yrs held
Marydia Invs LLC
since 2020
Last sale
$690,000
4 recorded transactions
Zoning & alternative use
A - AGRICULTURAL · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+23.2%
Medical building
$590,000
+12.6%
Neighborhood: shopping center
$580,000
+11.1%
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
$585,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$520,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +7% · Conversion: Easy
RETAIL STORES
$510,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $690k (Oct 2 2020)
Last sale anchor
$690k
Oct 2 2020
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
$187 / 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
$7,660
Tax year 2024
Assessed value
$826,100
Assessed 2024
Previous assessed
$693,200
+19.2% YoY
Effective rate
0.93%
On assessed value
Assessed land
$138,900
Assessed improvement
$687,200
Land market value
$138,900
Improvement market value
$687,200
Total market value
$826,100
Applied tax rate
3.0000
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
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,533 SF
Lot
0.95 ac (41,469 SF)
Zoning code
A - AGRICULTURAL
APN
780-68-77-32-300-000
UPID
US87-3955234
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
OFFICE BUILDING Current
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$645,000
MEDICAL BUILDING
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES
Est. value
$510,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Marydia Invs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9301 HULL ST RD, NORTH CHESTERFIELD, VA 23236-1424
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
Marydia Investments LLC
—
Deed
related
$630,000 · Velocity Commercial Capital LLC
Oct 2, 2020
$690,000
Marydia Invs LLC
Michele L Chiocca
Grant Deed
—
Dec 27, 2012
—
Michele L Chiocca
Chiocca Realty LLC
Quit Claim Deed
related
—
Sep 26, 2006
$750,000
Chiocca Realty LLC Et Al
First Fsb/ Va
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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