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Property profile & analytics
OFF-MARKET
Commercial real estate
8900 Hickory Rd South Chesterfield, VA 23803-1220
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-0081765
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Construction
FRAME
Total area
3,712 SF
Lot
7.51 ac (327,353 SF)
Zoning code
A - AGRICULTURAL
APN
763-62-59-26-200-000
UPID
US87-0081765
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mitase Group INC · 1 yrs held
Mitase Group INC
since 2025
Last sale
$210,000
5 recorded transactions
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,165
Tax year 2024
Assessed value
$453,100
Assessed 2024
Previous assessed
$388,400
+16.7% YoY
Effective rate
0.92%
On assessed value
Assessed land
$121,400
Assessed improvement
$331,700
Land market value
$121,400
Improvement market value
$331,700
Total market value
$453,100
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
1955
Construction
FRAME
Heating
FORCED AIR
Buildings
3
Stories
2
Rooms
10
Bathrooms
2
Total area
3,712 SF
Lot
7.51 ac (327,353 SF)
Zoning code
A - AGRICULTURAL
APN
763-62-59-26-200-000
UPID
US87-0081765
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
1955
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
3
Rooms
10
Bathrooms
2
Lot
7.51 ac
Current owner
From public records · entity-resolved
Mitase Group INC
Entity
Free & Clear · 1 yrs held
Mailing address
12230 NELSON RD, MOORPARK, CA 93021-8772
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$210,000
Mitase Group INC
Nola Property LLC
Warranty Deed
—
Oct 27, 2016
$145,000
Nola Property LLC
Mueller,teresa A & David
Grant Deed
—
Aug 7, 2013
—
Teresa A Mueller
Mueller,teresa A
Quit Claim Deed
related
—
Mar 29, 2005
—
Constance G Mueller
Mueller,teresa A
Quit Claim Deed
related
—
Jun 22, 2004
$240,000
Teresa A Mueller
Wilkins,ruth M
Grant Deed
$192,000 · Branch Banking & Trust Co Va
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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