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R-5 Zoned Development Lot
For Sale
$90,000

3005 Midlothian Turnpike, Richmond, VA 23224

For sale lot zoned R-5, positioned for redevelopment activity and new construction in the surrounding area.

Property SizeContact for details
Days on Market831

Property Features for 3005 Midlothian Turnpike

General Information

Standard status Active
Property subtype Lots/Land
Zoning R-5

Taxes and HOA fees

Annual Taxes $540
Listing Agency: EXP Realty LLC
Listed By: Rick Delgado · License #0225234709
Source: Exitrealty
Added: May 16, 2024 Changed: Aug 8 Last Checked: Jul 16 at 6:36PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This is a for-sale land lot zoned R-5. The property is positioned to support redevelopment, with active new construction and renovations taking place in the surrounding neighborhood.

The lot is located at 3005 Midlothian Turnpike in Richmond, VA 23224. Buyers are encouraged to conduct their own due diligence before submitting an offer.

The available information focuses on the R-5 zoning and the development momentum in the area; additional details such as lot dimensions and utilities are not provided.

Key Highlights

  • Lot for sale zoned R‑5
  • Positioned for redevelopment activity and new construction in the surrounding area

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic HVAC Service Plumbing Service

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

583
Businesses Nearby

Demographics for 23224, VA

39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - For sale lot zoned R-5, positioned for redevelopment activity and new construction in the surrounding area.
Where is this residential land & home lot located?
The property is located at 3005 Midlothian Turnpike Richmond, VA.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Lot for sale zoned R‑5; Positioned for redevelopment activity and new construction in the surrounding area
More about this property
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