Zoned Office
11307 Polo Pl Midlothian, VA 23113
For Sale
Contact for pricing
Office property zoned O-2 with major road traffic counts on Huguenot and Robious Roads.
Property Size8,813 SF
Price / SF$204.24
Days on Market1270
Property Features for 11307 Polo Pl
General Information
Standard status
Active
Size
8,813 SF
Property subtype
OFFICE
Listing Agency:
Partner Commercial
(804) 536-4001
Listed By:
Yasmine Hamad · License #0226028968
Source:
Moodyscre
Added: Feb 6, 2023
Changed: Jul 28
Last Checked: Jul 29 at 3:40PM
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 Partner Commercial
Investment Insights
Based on property information with market context.
This for-sale office property is zoned O-2 and offered as a commercial building containing 8,813 square feet.
The site is located near two high-volume corridors, with traffic counts listed as 52,000 VPD on Huguenot Road and 39,000 VPD on Robious Road. Public remarks also reference a 1-mile radius of nearly 7,000 people.
The property is positioned for office users seeking exposure to established regional roadways within a designated zoning framework.
The site is located near two high-volume corridors, with traffic counts listed as 52,000 VPD on Huguenot Road and 39,000 VPD on Robious Road. Public remarks also reference a 1-mile radius of nearly 7,000 people.
The property is positioned for office users seeking exposure to established regional roadways within a designated zoning framework.
Key Highlights
- Office property zoned O‑2
- High traffic counts: 52,000 VPD on Huguenot Road
- High traffic counts: 39,000 VPD on Robious Road
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.2k | $17.04 |
| − Vacancy | −$21.2k | −$2.40 |
| EGI | $129.0k | $14.64 |
| − OpEx | −$32.2k | −$3.66 |
| NOI | $96.7k | $10.98 |
8,813 SF · lease $17.04/SF/yr · vacancy 14.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.38M
$1.21M – $1.61M
NOI $96,749 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$17.66M
$15.45M – $20.60M
NOI $1,236,013 @ 7.0% cap · market cap 68.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office property zoned O-2 with major road traffic counts on Huguenot and Robious Roads.
Where is this office building located?
The property is located at 11307 Polo Pl Midlothian, VA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Office property zoned O‑2; High traffic counts: 52,000 VPD on Huguenot Road; High traffic counts: 39,000 VPD on Robious Road
