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Property profile & analytics
OFF-MARKET
Estimated value
$11,430,000
Gas stations
7101 Tim Price Way Richmond, VA 23225
Individually Owned
5-yr Hold
Free & Clear
Property ID
US87-1112763
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2012
Total area
6,880 SF
Lot
1.49 ac (64,904 SF)
Zoning code
C4 - REGIONAL BUS DIST
APN
765-70-62-29-600-000
UPID
US87-1112763
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
-
Kroger Fuel Center Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.43M
Owner & transaction history
Patriot Exchangeright North Chester · 5 yrs held
Patriot Exchangeright North Chester
since 2021
Last sale
$13.4M
5 recorded transactions
Zoning & alternative use
C4 - REGIONAL BUS DIST · Richmond, 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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
$10,080,000
ML approach
$8,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.43M
Range $10.29M – $12.57M · ±10% · vs last sale $13.44M (Feb 8 2021)
Last sale anchor
$13.44M
Feb 8 2021
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
$1,661 / 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
$8,991
Tax year 2024
Assessed value
$931,000
Assessed 2024
Previous assessed
$931,000
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$642,600
Assessed improvement
$288,400
Land market value
$642,600
Improvement market value
$288,400
Total market value
$931,000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2012
Heating
NONE
Stories
1
Total area
6,880 SF
Lot
1.49 ac (64,904 SF)
Zoning code
C4 - REGIONAL BUS DIST
APN
765-70-62-29-600-000
UPID
US87-1112763
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C4 - REGIONAL BUS DIST · Richmond, VA
Zoning C4 - REGIONAL BUS DIST · permitted uses
C4 - REGIONAL BUS DIST · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Patriot Exchangeright North Chester
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 60308, PASADENA, CA 91116-6308
Ownership since
2021
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
Feb 8, 2021
$13,441,187
Patriot Exchangeright North Chester
Kroger Limited Partnership I
Special Warranty Deed
—
Feb 8, 2021
—
Exchangeright Net Leased Portfolio
Patriot Exhangeright North Chesterf
Gift Deed
related
—
Apr 24, 2012
—
LP I Kroger
County Of Chesterfield
Quit Claim Deed
related
—
Oct 12, 2011
$3,640,000
LP I Kroger
Stonebridge Realty Holdings Ll
Grant Deed
—
Oct 12, 2011
$5,751,082
Stonebridge Realty Holdings Ll
Economic Dev Auth Cnty Of Chester
Grant Deed
related
—
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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