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Property profile & analytics
OFF-MARKET
Estimated value
$6,140,000
Office buildings
9900 Krause Rd, Chesterfield, VA 23832-6535
Entity Owned
Free & Clear
Property ID
US87-0866513
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
24,562 SF
Lot
48.28 ac (2,103,164 SF)
Zoning code
A - AGRICULTURAL
APN
772-66-39-92-900-000
UPID
US87-0866513
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
-
Chesterfield County Public Schools Administration Building Government Office
-
Chesterfield County School District School District Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.43M
Comparable Approach
Comparable
$7.18M
Blend (final)
Blend
$6.14M
Owner & transaction history
COUNTY CHESTERFIELD
COUNTY CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.6M
+58.4%
Auto repair, garage
$6.1M
+26.1%
Retail stores
$5.0M
+2.9%
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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,795,000
6.5%
$4,425,000
7%
$4,110,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,820,000
Current use
COMMERCIAL (GENERAL)
$7,635,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,075,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$4,960,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$6.14M
Range $5.53M – $6.75M · ±10%
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
$250 / 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
Assessed value
$16,896,200
Assessed 2024
Previous assessed
$16,847,000
+0.3% YoY
Assessed land
$4,206,300
Assessed improvement
$12,689,900
Land market value
$4,206,300
Improvement market value
$12,689,900
Total market value
$16,896,200
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Heating
NONE
Buildings
3
Stories
1
Total area
24,562 SF
Lot
48.28 ac (2,103,164 SF)
Zoning code
A - AGRICULTURAL
APN
772-66-39-92-900-000
UPID
US87-0866513
Jurisdiction
CHESTERFIELD
Zoning & alternative use
A - AGRICULTURAL · Chesterfield, VA
Zoning A - AGRICULTURAL · permitted uses
A - AGRICULTURAL · Chesterfield, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$6.1M
RETAIL STORES
Est. value
$5.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1976
Heating
NONE
Stories
1
Buildings
3
Lot
48.28 ac
Current owner
From public records · entity-resolved
COUNTY CHESTERFIELD
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 40, CHESTERFIELD, VA 23832-0903
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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