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    16200 Midlothian Tpke Midlothian, VA 23113

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    For Sale
    $3,175,000

    Commercial land with future signalized access and residential development nearby.

    Lot size:
    14.09 Acres

    Property Features for 16200 Midlothian Tpke

    General Information

    Lot size
    14.09 Acres

    Source: CBRE | Richmond Agent Susan Jones

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

    Overview

    Midlothian Turnpike Commercial Land Available

    This commercial land is zoned I-2C with C-2 uses. Future signalized access to Midlothian Turnpike with crossover is planned, as the current Huguenot Springs Road will be relocated. The site is located near significant residential development, with nearly 3,000 residential units either built or in the planning stages within 2 miles of the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.7093317
    Latitude
    37.5103093

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    FAQs

    What type of property is this?
    Land - Commercial land with future signalized access and residential development nearby.
    Where is this land located?
    The property is located at 16200 Midlothian Tpke Midlothian, VA.
    What is the asking price?
    The asking price for this property is $3,175,000.
    What are key features of this property?
    This property features: - Future signalized access to Midlothian Turnpike.; - Zoned I-2C with C-2 uses.; - Nearly 3,000 residential units built or in planning within 2 miles.
    (804) 937-9516
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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
    16200 Midlothian Tpke Midlothian, VA 23113
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