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Waterfront Office Building For Sale
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14700 Village Square Pl, Midlothian, VA

8,995 SF waterfront office building, investment or owner-occupant opportunity.

Property Size8,995 SF
Lot Size1.65 Acres
Price / SF$144.52
Days on Market351

Property Features for 14700 Village Square Pl

General Information

Standard status Active
Size 8,995 SF
Lot size 1.65 Acres
Property subtype OFFICE
Listing Agency: Specter Properties Inc
Listed By: Mark B. Specter
Source: Moodyscre
Added: Aug 14, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:16AM

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 Specter Properties Inc

Investment Insights

Based on property information with market context.

This 8,995 square foot waterfront office building is available for purchase, presenting an opportunity for investment or owner-occupancy. The property benefits from its waterfront location with views of Swift Creek Reservoir. It includes private, ample parking. The location provides easy access to Hull Street Road and nearby shopping. Numerous amenities are available, including walking trails, lake access, child care, and restaurants. As of May 2025, approximately 5,870 square feet will be available. The parcel identification numbers are 721673502200000, 721673483100000, 721673272700000, and 721673243100000.

Key Highlights

  • 8,995 +/- sq. ft. waterfront office building
  • Enjoy waterfront views of Swift Creek Reservoir
  • Excellent investment or owner‑occupant opportunity

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 $153.3k $17.04
− Vacancy −$21.6k −$2.40
EGI $131.7k $14.64
− OpEx −$32.9k −$3.66
NOI $98.7k $10.98
8,995 SF · lease $17.04/SF/yr · vacancy 14.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.41M
$1.23M – $1.65M (±1% cap)
NOI $98,747 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$18.02M
$15.77M – $21.03M (±1% cap)
NOI $1,261,538 @ 7.0% cap · market cap 97.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

East West Partners Construction Company Mandy Bass Counselor Sales Center Hampton ... Park MELANIE E. CANADA Physician Small Talk Pediatric ... Physician

Suggested Use

Top Pick Law Firm HVAC Service Hair Salon Building Supply Grocery & Convenience Store Cafe & Coffee 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

415
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 8,995 SF waterfront office building, investment or owner-occupant opportunity.
Where is this office building located?
The property is located at 14700 Village Square Pl Midlothian, VA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,995 +/- sq. ft. waterfront office building; Enjoy waterfront views of Swift Creek Reservoir; Excellent investment or owner‑occupant opportunity
(804) 777-7070 Call to check price and availability
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