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    17650 Midlothian Tpke Midlothian, VA 23113

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    For Lease
    $24 SF/Yr ($5,200 /Mo)

    Freestanding bank building with drive-thru in growing retail submarket.

    Property size:
    2,600 SF
    Lot size:
    20.13 Acres

    Property Features for 17650 Midlothian Tpke

    General Information

    Size
    2,600 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

    Freestanding Bank Building with Drive-Thru

    This freestanding bank building with a drive-thru is part of a proposed mixed-use portfolio situated on 18.23 acres. The property is located at the intersection of Route 60, also known as Anderson Highway, and County Line Road. It is positioned within the Powhatan Retail Submarket, an area experiencing rapid growth in the Metro Richmond area. The location is less than 3 miles from Westchester Commons and Route 288. The property benefits from high traffic volume, with approximately 35,000 vehicles per day on Midlothian Turnpike. The building has a size of 2,600 square feet. The surrounding area is experiencing residential growth, with approximately 3,000 new residences approved or under construction within a 3-mile radius of the property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Spire Dumpsters Dumpster Rental Service Mid-Loth Kitchen Remodeling ... Store

    Suggested Use

    Realty agency Law Firm Dental Office Building Supply Hair Salon Wholesale Shop 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
    -77.7312822
    Latitude
    37.5069708

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    FAQs

    What type of property is this?
    Bank - Freestanding bank building with drive-thru in growing retail submarket.
    Where is this bank located?
    The property is located at 17650 Midlothian Tpke Midlothian, VA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Located in a rapidly growing retail submarket of Metro Richmond.; - High traffic volume: **35,000 VPD on Midlothian Turnpike.**; - Significant residential growth: Approximately 3,000 new residences approved or under construction within a 3-mile radius.
    (804) 539-7793
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    17650 Midlothian Tpke Midlothian, VA 23113
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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
    17650 Midlothian Tpke Midlothian, VA 23113
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