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    Property profile & analytics

    7728 Midlothian Tpke North Chesterfield, VA 23235-5171

    • Retail space
    • 6,600 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Last Sale
    Aug 07, 2020
    $660,000
    Location Intelligence
    Property ID
    US87-1321156
    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

    • Hamburgers Party Rentals / Party Equipment Rental Service / Balloon Store

    Property Details for 7728 Midlothian Tpke

    Year built
    1969
    Lot size
    0.58 lot acres
    Property size
    6,600 SF
    Zone code
    C3 - COMMUNITY BUS DIST
    Property type
    Retail space
    APN
    761-70-64-57-600-000
    APU
    761706457600000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $625,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $595,000
      Geo Method
      $585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $660,000
      Mixed-Use
      $705,000
      Hospitality
      $630,000
      Educational
      $690,000
      Residential Income
      $750,000
      Energy
      $590,000
      Income-Based Land
      $595,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    North Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.5398
    Latitude
    37.4993
    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
    $6,782
    $265,800
    $414,200
    $680,000
    -
    $265,800
    $414,200
    $680,000

    Comparable in this City

    • Value Estimation by Request
      7,650 SF

      8801 Frst Hl Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,650 SF
      8801 Frst Hl Ave, North Chesterfield, VA 23235-2433
      View Details
    • Value Estimation by Request
      20,145 SF

      1201 Mall Dr

      RETAIL STORES (PERSONAL SERVICES) • 20,145 SF
      1201 Mall Dr, North Chesterfield, VA 23235-4767
      View Details
    • Value Estimation
      $1,335,000
      9,750 SF

      10747 Midlothian Tpke

      RETAIL STORES (PERSONAL SERVICES) • 9,750 SF
      10747 Midlothian Tpke, North Chesterfield, VA 23235-4703
      View Details
    • Value Estimation by Request
      12,000 SF

      8321 Midlothian Tpke

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      8321 Midlothian Tpke, North Chesterfield, VA 23235-5119
      View Details
    • Value Estimation
      $4,470,000
      7,975 SF

      11530 Midlothian Tpke

      RETAIL STORES (PERSONAL SERVICES) • 7,975 SF
      11530 Midlothian Tpke, North Chesterfield, VA 23235-4747
      View Details
    • Value Estimation
      $235,000
      3,791 SF

      2723 Buford Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,791 SF
      2723 Buford Rd, North Chesterfield, VA 23235-2423
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $15 SF/Yr
      1,700 SF

      Retail Space on Midlothian Turnpike

      Retail space available for lease on Midlothian Turnpike.
      10801 Midlothian Tpke, North Chesterfield, VA 23235
      View Details
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      Retail Space on Midlothian Turnpike

      Retail space with high visibility on Midlothian Turnpike.
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      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Stony Point

      Retail space with strong daytime population and convenient access.
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      6,030 SF

      Retail Space in North Chesterfield

      6,030 SF retail space available for lease.
      9990 Robious Rd, North Chesterfield, VA 23235
      View Details
    • Contact for pricing
      58,994 SF

      Midlothian Square Retail Center

      Prime Richmond retail space, multiple suites available.
      11525 Midlothian Sq, Richmond, VA 23235
      View Details
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    North Chesterfield, VA 23235-5171
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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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