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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Commercial real estate
740 Adkins Rd North Chesterfield, VA 23236-2231
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US87-0570006
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Total area
3,224 SF
Lot
0.72 ac (31,494 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
748-69-99-39-700-000
UPID
US87-0570006
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
-
Coin Cloud Bitcoin ATM Atm Currency Exchange Service
-
Trove Grocery & Convenience Store
-
ATM (ATM Link, Inc.) Atm
-
Valero Gas Station
-
Your Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$635k
Owner & transaction history
Diamond Jubilee Props LLC · 6 yrs held
Diamond Jubilee Props LLC
since 2020
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
C2 - NBHD 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
Method
Estimation
Statistic approach
$635,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$785,000
Current use
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $750k (Jun 19 2020)
Last sale anchor
$750k
Jun 19 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
$197 / 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
$6,811
Tax year 2024
Assessed value
$734,500
Assessed 2024
Previous assessed
$684,500
+7.3% YoY
Effective rate
0.93%
On assessed value
Assessed land
$40,900
Assessed improvement
$693,600
Land market value
$40,900
Improvement market value
$693,600
Total market value
$734,500
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Heating
YES
Cooling
YES
Stories
1
Total area
3,224 SF
Lot
0.72 ac (31,494 SF)
Zoning code
C2 - NBHD BUSINESS DIST
APN
748-69-99-39-700-000
UPID
US87-0570006
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C2 - NBHD BUSINESS DIST · North Chesterfield, VA
Zoning C2 - NBHD BUSINESS DIST · permitted uses
C2 - NBHD 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$785,000
COMMERCIAL (GENERAL) Current
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
1980
Heating
YES
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Diamond Jubilee Props LLC
Entity
Mailing address
740 ADKINS RD, NORTH CHESTERFIELD, VA 23236-2231
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2020
$750,000
Diamond Jubilee Props LLC
Adkins Props LLC
Warranty Deed
$637,500 · Essex Bk
Dec 16, 2015
$479,252
Adkins Properties LLC
Solo Properties INC
Grant Deed
$363,889 · Bank Of Hampton Roads
May 5, 2011
$500,000
Solo Properties INC
740 INC
Grant Deed
$375,000 · Village Bank & Trust
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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