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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Commercial real estate
8800 Hickory Rd South Chesterfield, VA 23803-1239
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-0849711
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Construction
STEEL FRAME
Total area
3,200 SF
Lot
7.18 ac (312,587 SF)
Zoning code
A - AGRICULTURAL
APN
764-62-57-27-100-000
UPID
US87-0849711
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$411k
Blend (final)
Blend
$650k
Owner & transaction history
D & A Property LLC · 4 yrs held
D & A Property LLC
since 2022
Last sale
$700,000
1 recorded transaction
Zoning & alternative use
A - AGRICULTURAL · South 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 South Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$660,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $700k (Mar 23 2022)
Last sale anchor
$700k
Mar 23 2022
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
$203 / 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
$7,178
Tax year 2024
Assessed value
$772,300
Assessed 2024
Previous assessed
$742,700
+4.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$148,100
Assessed improvement
$624,200
Land market value
$148,100
Improvement market value
$624,200
Total market value
$772,300
Applied tax rate
4.0000
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
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
3,200 SF
Lot
7.18 ac (312,587 SF)
Zoning code
A - AGRICULTURAL
APN
764-62-57-27-100-000
UPID
US87-0849711
Jurisdiction
CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · South Chesterfield, VAZoning A - AGRICULTURAL · permitted uses
A - AGRICULTURAL · South Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
7.18 ac
Current owner
From public records · entity-resolved
D & A Property LLC
Entity
Mailing address
5812 BOYDTON PLANK RD, NORTH DINWIDDIE, VA 23803-7412
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
$700,000
D & A Property LLC
Donna G Archer
Warranty Deed
$500,000 · Party III
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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