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    Property profile & analytics

    7211 Rte 1st 1 North Chesterfield, VA 23237-1519

    • Retail space
    • 5,077 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jun 25, 2024
    Location Intelligence
    Property ID
    US87-1311327
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 7211 Rte 1st 1

    Year built
    1956
    Lot size
    1.53 lot acres
    Property size
    5,077 SF
    Zone code
    C3 - COMMUNITY BUS DIST
    Property type
    Retail space
    APN
    791-68-03-02-000-000
    APU
    791680302000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.438
    Latitude
    37.4255
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,752
    $233,600
    $36,100
    $269,700
    -
    $233,600
    $36,100
    $269,700

    Comparable in this City

    • Value Estimation by Request
      31,500 SF

      9601 Rte 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 31,500 SF
      9601 Rte 1st 1, North Chesterfield, VA 23237-4621
      View Details
    • Value Estimation
      $320,000
      3,476 SF

      7203 Rte 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 3,476 SF
      7203 Rte 1st 1, North Chesterfield, VA 23237-1519
      View Details
    • Value Estimation
      $175,000
      8,201 SF

      9816 Rte 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 8,201 SF
      9816 Rte 1st 1, Richmond, VA 23237
      View Details
    • Value Estimation
      $275,000
      1,199 SF

      2016 Willis Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,199 SF
      2016 Willis Rd, Richmond, VA 23237
      View Details
    • Value Estimation by Request
      9,187 SF

      6730 Rte 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 9,187 SF
      6730 Rte 1st 1, North Chesterfield, VA 23237-1219
      View Details
    • Value Estimation by Request
      9,585 SF

      7301 Taw St

      RETAIL STORES (PERSONAL SERVICES) • 9,585 SF
      7301 Taw St, North Chesterfield, VA 23237-4453
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      405,228 SF

      Richmond Distribution Warehouse Near I-95

      405,228 SF warehouse with immediate I-95 access.
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    • Contact for pricing
      22,353 SF

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      Apartment available for rent.
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      2,851 SF

      Office Space Near Route 288

      Office spaces available with convenient access to Route 288.
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      9,200 SF

      Warehouse with Office and I-95 Access

      9,200 SF flex space with warehouse and office components.
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    • Contact for pricing

      Land for Rent

      Land available for rent at 9911 Jefferson Davis Hwy.
      9911 Jefferson Davis Hwy, North Chesterfield, VA 23237
      View Details
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    North Chesterfield, VA 23237-1519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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