Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2929-2953 Fox Chase Ln Midlothian, VA 23112

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office or medical space with frontage on Genito Road.

    Property size:
    2,200 SF
    Lot size:
    1.58 Acres

    Property Features for 2929-2953 Fox Chase Ln

    General Information

    Size
    2,200 SF
    Lot size
    1.58 Acres

    We can help!

    Listing Contact
    Rebecca Von Meister, Ccim
    Rebecca Von Meister, Ccim
    Source: Moodyscre

    Listing Agency: Taylor Long Properties Listing Agent: Rebecca Von Meister, Ccim

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

    Learn more

    Overview

    Office/Medical Space on Genito Road

    This property offers office or medical space with direct frontage on Genito Road. It is situated less than a mile from the intersection of Route 288 and Powhite Parkway. The location benefits from high traffic volume, with more than 20,500 vehicles per day on Charter Colony Parkway. The property provides a suitable environment for office or medical tenants.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -77.6515719
    Latitude
    37.4496983

    Nearby Similar for Lease

    • $4,736 /Mo
      54,450 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility and easy access.
      12057 Southshore Pointe Rd, Midlothian, VA 23112
      View Details
    • Contact for pricing

      Midlothian Office/Medical Spaces For Rent

      Office and medical spaces for rent in fast-growing Midlothian.
      2901-2949 Fox Chase Ln, Midlothian, VA 23112
      View Details
    • Contact for pricing

      Midlothian Office Space Available

      Prime location with ample parking and flexible lease options.
      13804 Hull Street Rd, Midlothian, VA 23112
      View Details
    • Contact for pricing

      Midlothian Medical Office Space

      2,200 SF medical office near Bon Secours St. Francis Hospital.
      2937 Fox Chase Ln, Midlothian, VA 23112
      View Details
    • $24 SF/Yr
      13,097 SF

      Retail Space in Busy Corridor

      Retail spaces available in high-traffic Midlothian shopping center.
      13273 Rittenhouse Dr, Midlothian, VA 23112
      View Details
    • Contact for pricing

      Retail Spaces in Midlothian Village

      Retail spaces available in the heart of Midlothian retail.
      17 Le Gordon Dr, Midlothian, VA 23113
      View Details
    • Contact for pricing

      Retail Space at Huguenot & Robious

      Retail space at a prominent intersection near Chesterfield Towne Center.
      11400 West Huguenot Rd, Midlothian, VA 23113
      View Details
    • Contact for pricing

      Retail Space in Midlothian Village

      Retail spaces for lease in Midlothian, near Route 288.
      1220-1348 Sycamore Square Dr, Midlothian, VA 23113
      View Details
    • Contact for pricing

      Retail Space in Commonwealth Center

      Retail opportunity in a dominant shopping center with convenient access.
      4701 Commonwealth Centre Pkwy, Midlothian, VA 23112
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Food Lion Center

      Retail space available in a Food Lion anchored shopping center.
      13530-13570 Waterford Pl, Midlothian, VA 23112
      View Details
    • Contact for pricing
      1,348 SF

      Mixed-Use Development in Midlothian

      New mixed-use development with retail, restaurant, and office spaces.
      14231 Winterview Pkwy, Midlothian, VA
      View Details
    • Contact for pricing
      1,270 SF

      Upscale Retail Space Available

      Retail space in upscale mixed-use development at Winterfield.
      1681 Ewing Park Loop, Midlothian, VA
      View Details

    FAQs

    What type of property is this?
    Office units - Office or medical space with frontage on Genito Road.
    Where is this office units located?
    The property is located at 2929-2953 Fox Chase Ln Midlothian, VA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Direct frontage on Genito Road.; - Less than a mile from rte 288 & Powhite Parkway intersection.; - Perfect location for Office or Medical tenant.
    (804) 864-9788 Call to check price and availability
    Request Owner's contact information
    2929-2953 Fox Chase Ln Midlothian, VA 23112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2929-2953 Fox Chase Ln
    Midlothian, VA 23112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2929-2953 Fox Chase Ln Midlothian, VA 23112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rebecca Von Meister, Ccim
    Rebecca Von Meister, Ccim
    (804) 864-9788 (757) 298-2016
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!