Waterfront Office Building For
For Sale
Contact for pricing
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
(804) 777-7070
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
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
NOI $1,261,538 @ 7.0% cap · market cap 97.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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