Midlothian Medical/Office Property For
For Sale
Contact for pricing
14404 Sommerville Ct, Midlothian, VA
Located in the heart of Midlothian near medical facilities.
Property Size3,978 SF
Lot Size0.44 Acres
Price / SF$276.52
Days on Market507
Property Features for 14404 Sommerville Ct
General Information
Standard status
Active
Size
3,978 SF
Lot size
0.44 Acres
Property subtype
OFFICE
Listing Agency:
Taylor Long Properties
(757) 298-2016
Listed By:
Rebecca von Meister · License #VA0225232694
(757) 298-2016
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Jul 6
Last Checked: Jul 6 at 10:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor Long Properties
Investment Insights
Based on property information with market context.
Located in the heart of Midlothian, 14404 Sommerville Ct offers proximity to a diverse range of medical and office facilities. Healthcare professionals will find major medical centers, outpatient clinics, and specialty medical practices nearby. The location is also within easy reach of a variety of essential amenities, including dining options, shopping centers, and fitness facilities, providing convenience for employees and clients. With easy access to major roadways such as Midlothian Turnpike and Route 288, the area ensures connectivity to the wider region, making it an attractive and accessible location for office and medical investors. The property size is 3978 square feet.
Key Highlights
- Prime location in the heart of Midlothian
- Proximity to major medical centers, outpatient clinics, and specialty medical practices
- Easy access to Midlothian Turnpike and Route 288
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $17.04 |
| − Vacancy | −$9.6k | −$2.40 |
| EGI | $58.2k | $14.64 |
| − OpEx | −$14.6k | −$3.66 |
| NOI | $43.7k | $10.98 |
3,978 SF · lease $17.04/SF/yr · vacancy 14.10% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$7.97M
$6.97M – $9.30M
NOI $557,910 @ 7.0% cap · market cap 50.72%
Second Best
Office B
$623.9K
$545.9K – $727.9K
NOI $43,671 @ 7.0% cap · market cap 3.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Midlothian Animal Clinic — 14411 Sommerville Ct, Midlothian, VA 23113
- easyvetclinic Midlothian — 13909 Midlothian Tpke, Midlothian, VA 23114
- UrgentVet — 14300 Winterview Pkwy Suite 106, Midlothian, VA 23113
- Alison Rhoades DVM — 14411 Sommerville Ct, Midlothian, VA 23113
- Withers Tim DVM — 14411 Sommerville Ct, Midlothian, VA 23113
Frequently Asked Questions
What type of property is this?
Medical Office Space - Located in the heart of Midlothian near medical facilities.
Where is this medical office space located?
The property is located at 14404 Sommerville Ct Midlothian, VA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location in the heart of Midlothian; Proximity to major medical centers, outpatient clinics, and specialty medical practices; Easy access to Midlothian Turnpike and Route 288
