Prime Land on Midlothian
12726 Midlothian Tpke, Midlothian, VA 23113
1.41 acres with high traffic, development potential.
Type:Land
Lot size:
1.41 Acres- Added:
- Apr 22, 2025
- Days on Market:
- 392
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 12726 Midlothian Tpke
General Information
- Standard status
- Active
- Lot size
- 1.41 Acres
- Property subtype
- Land
Listing agent David Gaulden License #VA 0225242380
Listing office The Gaulden Group
Listing date Apr 22, 2025
Source Crexi
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
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).
- Prime rental rate area, potentially producing higher‑than‑expected returns post‑development.
- Priced for quick sale, offering a favorable entry point for developers.
- Close proximity to major residential areas.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.6337211
- Latitude
- 37.5034591
Nearby Similar for Sale
FAQs
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).
