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    Midlothian Tpke & Alverser Dr Midlothian, VA

    For Lease
    Contact for pricing

    New retail development with grocery anchor and residential component.

    Property size:
    11,454 SF
    Lot size:
    13.05 Acres

    Property Features for Midlothian Tpke & Alverser Dr

    General Information

    Size
    11,454 SF
    Lot size
    13.05 Acres

    Source: H&R Retail - Washington, DC Agent Ray Schupp

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

    Overview

    New Retail Development with Townhomes

    Midlothian Depot is a new ground-up retail development featuring 87,472 square feet of space, including 51,836 square feet of available retail and restaurant spaces and a 35,636 square foot grocery anchor. The development also includes 60 townhomes. Located in Midlothian, Virginia, the property benefits from access and visibility on Midlothian Turnpike. Parking is available at a ratio of 5.0 per 1,000 square feet. The Midlothian neighborhood combines historical ambiance with modern amenities, making it a desirable commercial and residential community.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.665066
    Latitude
    37.4470062

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    FAQs

    What type of property is this?
    Shopping center - New retail development with grocery anchor and residential component.
    Where is this shopping center located?
    The property is located at Midlothian Tpke & Alverser Dr Midlothian, VA.
    What are key features of this property?
    This property features: - New 87,472 square foot retail development.; - Includes a 35,636 square foot grocery anchor.; - Features 60 townhomes.
    (240) 482-3611
    Request Owner's contact information
    Midlothian Tpke & Alverser Dr Midlothian, VA
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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
    Midlothian Tpke & Alverser Dr Midlothian, VA
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