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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Warehouses
517 Turner Rd North Chesterfield, VA 23225-6421
Entity Owned
~
Est. High Equity
Property ID
US87-0350405
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
10,158 SF
Lot
3.02 ac (131,421 SF)
Zoning code
A - AGRICULTURAL
APN
763-70-41-08-400-000
UPID
US87-0350405
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.11M
Owner & transaction history
517 Turner LLC
517 Turner LLC
since 2025
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
A - AGRICULTURAL · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+69.1%
Neighborhood: shopping center
$1.7M
+66.7%
Apartment house (5+ units)
$1.6M
+63.2%
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%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,000,000
Current use
MEDICAL BUILDING
$1,690,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,670,000
Change: +67% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,635,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,605,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$1,500,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $1.15M (Jul 1 2025)
Last sale anchor
$1.15M
Jul 1 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
$109 / 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
$8,037
Tax year 2024
Assessed value
$849,100
Assessed 2024
Previous assessed
$886,800
-4.3% YoY
Effective rate
0.95%
On assessed value
Assessed land
$85,300
Assessed improvement
$763,800
Land market value
$85,300
Improvement market value
$763,800
Total market value
$849,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Stories
1
Total area
10,158 SF
Lot
3.02 ac (131,421 SF)
Zoning code
A - AGRICULTURAL
APN
763-70-41-08-400-000
UPID
US87-0350405
Jurisdiction
CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · North Chesterfield, VAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2002
Heating
NONE
Stories
1
Buildings
2
Lot
3.02 ac
Current owner
From public records · entity-resolved
517 Turner LLC
Entity
Mailing address
6933 CMNS PLZ #197, CHESTERFIELD, VA 23832-6457
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$1,145,000
517 Turner LLC
Kedp LLC
Deed
$698,450 · Atlantic Union Bank
Aug 16, 2022
—
Kedp LLC
—
Deed
related
$850,000 · Virginia Credit Union INC
Apr 29, 2020
$575,000
Kedp LLC
Builder Svcs Group INC
Warranty Deed
$342,500 · Virginia Cu
Apr 29, 2020
—
Kedp LLC
—
Deed
related
$2,274,000 · Virginia Cu
—
—
Kedp LLC
—
Deed Of Trust
related
$2,274,000 · Virginia Cu
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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