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    13406 Midlothian Tpke Midlothian, VA 23113

    For Sale
    $399,000

    Prime Midlothian location, high visibility, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property offers 1.35 acres of land in Midlothian, Virginia, presenting a unique investment opportunity. The property comprises two lots: a 0.91-acre parcel at 13406 Midlothian Turnpike and a 0.44-acre parcel at 1025 Salisbury Drive. Convenient road access and easements are in place for both lots. The strategic location directly across from Midlothian Middle School ensures high visibility and potential foot traffic, making it ideal for a variety of commercial uses. Permitted uses include, but are not limited to: retail centers, office spaces, antique stores, bowling alleys, music schools, dance studios, gyms, legal card clubs, medical and dental labs, mortuaries, music instruction centers, nurseries, pet shops, medical and dental offices, general offices, refrigerated food lockers, furniture upholstery shops, secondhand stores (with specified distance restrictions from other similar businesses), and veterinary clinics. The property's versatility allows for diverse development plans, catering to a wide range of businesses and services. This is a rare opportunity to acquire a prime commercial location in a thriving Midlothian community. The asking price is $399,000.

    Property Features for 13406 Midlothian Tpke

    General Information

    Property type
    Other commercial real estate
    Lot Size
    58,806 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.64784
    Latitude
    37.50348

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Midlothian location, high visibility, development potential.
    Where is this commercial real estate located?
    The property is located at 13406 Midlothian Tpke Midlothian, VA.
    What is the asking price?
    The asking price for this property is $399,000.
    (804) 346-4411
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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
    13406 Midlothian Tpke Midlothian, VA 23113
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