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    8250 Midlothian Tpke North Chesterfield, VA 23235-5118

    • Turn key restaurants
    • 12,089 SF
    • 2.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,895,000
    Last Sale
    Oct 31, 2022
    $1,960,300
    Location Intelligence
    Property ID
    US87-1078972
    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

    • Turn key restaurants

    Property Details for 8250 Midlothian Tpke

    Year built
    1982
    Lot size
    2.06 lot acres
    Property size
    12,089 SF
    Zone code
    C5 - GEN BUSINESS DIST
    Property type
    Turn key restaurants
    APN
    758-70-66-01-400-000
    APU
    758706601400000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,090,000
      6.5%
      $2,140,000
      7%
      $2,070,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,140,000
      Geo Method
      $1,995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,785,000
      Retail
      $2,040,000
      Mixed-Use
      $2,100,000
      Hospitality
      $2,010,000
      Educational
      $2,085,000
      Residential Income
      $2,140,000
      Energy
      $1,750,000
      Income-Based Land
      $1,960,000
      Food Service
      $2,045,000

    Location Insight

    • Map
    • Local Demand
    City
    North Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.5495
    Latitude
    37.4974
    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
    $17,395
    $987,500
    $864,700
    $1,852,200
    -
    $987,500
    $864,700
    $1,852,200

    Comparable in this City

    • Value Estimation by Request
      5,023 SF

      10911 Midlothian Tpke

      RESTAURANT • 5,023 SF
      10911 Midlothian Tpke, Richmond, VA 23235
      View Details
    • Value Estimation by Request
      5,120 SF

      8700 Midlothian Tpke

      RESTAURANT • 5,120 SF
      8700 Midlothian Tpke, North Chesterfield, VA 23235-5024
      View Details
    • Value Estimation
      $1,205,000
      4,688 SF

      1101 Carmia Way

      RESTAURANT • 4,688 SF
      1101 Carmia Way, North Chesterfield, VA 23235-4795
      View Details
    • Value Estimation by Request
      7,595 SF

      1570 Koger Ctr Blvd

      RESTAURANT • 7,595 SF
      1570 Koger Ctr Blvd, North Chesterfield, VA 23235-4721
      View Details
    • Value Estimation by Request
      5,514 SF

      7714 Midlothian Tpke

      RESTAURANT • 5,514 SF
      7714 Midlothian Tpke, North Chesterfield, VA 23235-5226
      View Details
    • Value Estimation by Request
      10,404 SF

      10330 Midlothian Tpke

      RESTAURANT • 10,404 SF
      10330 Midlothian Tpke, North Chesterfield, VA 23235-4471
      View Details

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      Car wash in prime location on Midlothian Turnpike corridor.
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    Similar Nearby for Lease

    • $35 SF/Yr
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      Prime Chesterfield Retail Space

      1,560 SF Restaurant, High Traffic
      11500 Midlothian Tpke, Richmond, VA 23235
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    • $25 SF/Yr
      1,600 SF

      Restaurant Space in Chesterfield Center

      Second generation restaurant space available immediately in Chesterfield.
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      View Details
    • $22 SF/Yr
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      Restaurant Space with Patio Seating

      Endcap restaurant space with outdoor courtyard in Richmond, Virginia.
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      View Details
    • $20 SF/Yr
      4,020 SF

      Restaurant Space in Chesterfield Center

      Existing restaurant space available immediately in high-income area.
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    • $18 SF/Yr
      44,371 SF

      Pocono Green Retail Center

      Bon Air, VA Strip Mall - 6 Suites Available
      10401-10461 Midlothian Tpke, Bon Air, VA 23235
      View Details
    • Contact for pricing
      1,540 SF

      Retail Space on Midlothian Turnpike

      Retail space with high visibility on Midlothian Turnpike.
      11521 N Midlothian Tpke, Richmond, VA 23235
      View Details
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    North Chesterfield, VA 23235-5118
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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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