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Property profile & analytics
OFF-MARKET
Office buildings
605 Research Rd, North Chesterfield, VA 23236-3933
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3857972
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
1,080 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
743-70-77-44-400-000
UPID
US87-3857972
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
-
Beauty Works Hair Make Up Hair Salon Nail Salon
-
Bare Body Medical Clinic Skin Care Clinic
-
Parker-Hannifin Sporlan Division Industrial Manufacturer Production Facility
-
Klaus J Worrell PC Engineering Consultant
-
Jane Renger at EXIT Realty Success Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
T & S Investments LLC · 15 yrs held
T & S Investments LLC
since 2011
4 recorded transactions
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,017
Tax year 2024
Assessed value
$420,300
Assessed 2024
Previous assessed
$442,200
-5.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$90,300
Assessed improvement
$330,000
Land market value
$90,300
Improvement market value
$330,000
Total market value
$420,300
Applied tax rate
2.0000
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
1984
Heating
NONE
Stories
1
Total area
1,080 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C5 - GEN BUSINESS DIST
APN
743-70-77-44-400-000
UPID
US87-3857972
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C5 - GEN BUSINESS DIST · North Chesterfield, VA
Zoning C5 - GEN BUSINESS DIST · permitted uses
C5 - GEN 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.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
T & S Investments LLC
Entity
Mailing address
14430 SOMMERVILLE CT STE C, MIDLOTHIAN, VA 23113-6823
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Apr 7, 2011
—
T & S Investments LLC
T & S Ptshp
Quit Claim Deed
related
$293,532 · Huguenot Builders INC
Jan 12, 2005
$30,500
Kenneth W Turner
Providence Investments Lc
Grant Deed
—
Aug 31, 2004
$125,000
Gregory L Simmons
Providence Investments Lc
Grant Deed
—
—
—
Sydney A Strawderman
—
Deed Of Trust
related
$200,000 · Linda L Strawderman
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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