Prime Land on Midlothian
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12726 Midlothian Tpke, Midlothian, VA 23113
1.41 acres with high traffic, development potential.
Property SizeContact for details
Lot Size1.41 Acres
Days on Market488
Property Features for 12726 Midlothian Tpke
General Information
Standard status
Active
Lot size
1.41 Acres
Property subtype
Land
Zoning
R7
Listing Agency:
The Gaulden Group
Listed By:
David Gaulden · License #VA 0225242380
Source:
Crexi
Added: Apr 22, 2025
Changed: Aug 11
Last Checked: Aug 21 at 2:42PM
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 The Gaulden Group
Investment Insights
Based on property information with market context.
Located on Midlothian Turnpike, this 1.41-acre parcel is situated in an area undergoing significant development within the Greater Richmond MSA. The site benefits from high traffic volume, with an Average Daily Traffic (ADT) count of 39,000, making it suitable for uses targeting evening commuters. The property is located near Walton Park, Salisbury, The Grove, and various residential areas. Retailers such as Walmart, Food Lion, American Family Fitness, Wegman’s, Petco, Party City, Walgreens, CVS, and Sam’s Club have established successful businesses in the vicinity. Potential uses for the site include a self-storage facility, medical office, retail space, owner-user freestanding commercial property, or multi-family housing, potentially in conjunction with adjoining parcels. The land is located in an area with strong rental rates, which may lead to higher returns after development. There is currently a 1 inch water line to the property, which may need to be expanded. A sewer line is located behind the property, and a potential easement with the neighboring partner may be required. The county will not allow septic at this area, but has offered incentives to expand the water line across Route 60.
Key Highlights
- 1.41 acres with high‑traffic Midlothian Turnpike frontage (ADT 39,000), ideal for businesses targeting evening commuters.
- Located in a rapidly developing area of the Greater Richmond MSA with proven retail success.
- Suitable for various developments: self‑storage, medical office, retail, freestanding commercial, or multi‑family (with adjoining parcels).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 23113, VA
26,190
Population
10,317
Households
2.5
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
36.5 sq mi
ZIP Area
718
Density / Sq Mi
$150,673
Median Household Income
$75,423
Median Earnings
$1,736
Median Rent
$580,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.41 acres with high traffic, development potential.
Where is this commercial land located?
The property is located at 12726 Midlothian Tpke Midlothian, VA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 1.41 acres with high‑traffic Midlothian Turnpike frontage (ADT 39,000), ideal for businesses targeting evening commuters.; Located in a rapidly developing area of the Greater Richmond MSA with proven retail success.; Suitable for various developments: self‑storage, medical office, retail, freestanding commercial, or multi‑family (with adjoining parcels).
