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    17605 Midlothian Tpke Midlothian, VA 23113

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    For Lease
    $23 SF/Yr

    18.23 AC mixed-use property in rapidly growing Powhatan Retail submarket.

    Property size:
    24,000 SF
    Lot size:
    20.13 Acres

    Property Features for 17605 Midlothian Tpke

    General Information

    Size
    24,000 SF
    Lot size
    20.13 Acres

    Source: Taylor Long Properties Agent Ellen Long

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Growing Area

    This 18.23-acre mixed-use property is situated in the rapidly growing Powhatan Retail submarket. The site is proposed for retail, office, and drive-thru uses. A new 60,000 square foot warehouse is proposed for the location. The property benefits from high traffic volume, with approximately 31,000 vehicles per day on Anderson Highway/Route 60. It is located less than 3 miles from Westchester Commons and Route 288. The Powhite Parkway Extension is proposed for the area. Furthermore, approximately 3,000 new residences are either approved or under construction within a 3-mile radius of the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.7320094
    Latitude
    37.5055457

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    FAQs

    What type of property is this?
    Commercial land - 18.23 AC mixed-use property in rapidly growing Powhatan Retail submarket.
    Where is this commercial land located?
    The property is located at 17605 Midlothian Tpke Midlothian, VA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - 60,000 SF warehouse in proposed new building.; - Located in rapidly growing Powhatan Retail submarket.; - 31,000 VPD on Anderson Hwy/Rte 60.
    (804) 539-7793
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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
    17605 Midlothian Tpke Midlothian, VA 23113
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