Listing Agency: Commonwealth Commercial Show Phone

Listed By: Jamie Galanti

Source: Moodyscre

Added: Feb 13, 2023 Changed: Aug 8 Last Checked: Aug 22 at 12:15PM

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Investment Insights

Based on property information with market context.

This prime development site fronts Route 60 (Midlothian Turnpike) at the hard corner of Dry Bridge Road. The flat land has no known topographical or wetlands issues. It features 2400' of frontage on Route 60 and two median breaks for ease of access. The location is described as being in the path of development. Approximately 10,000 new homes are planned and under construction in the area, which has the highest per capita income in the Richmond MSA. The seller will provide the purchaser with time to obtain necessary approvals.

Key Highlights

• Prime development site on Route 60 (Midlothian Turnpike) in an area with high per capita income.
• Located at a hard corner of Dry Bridge Road and Route 60 with 2400' frontage.
• In the path of significant development with ±10,000 new homes planned or under construction.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

272

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Land - Development site in path of growth with high visibility.

Where is this land located?

The property is located at 16101 Midlothian Tpke Midlothian, VA.

What are key features of this property?

This property features: Prime development site on Route 60 (Midlothian Turnpike) in an area with high per capita income.; Located at a hard corner of Dry Bridge Road and Route 60 with **2400' frontage**.; In the path of significant development with ±10,000 new homes planned or under construction.