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 Market445
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 · License #2255109028
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Oct 25
Last Checked: Oct 30 at 5:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$98,747
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,940
$2.0M
Cap Rate 7%
$1,410,671
$1.4M
Cap Rate 9%
$1,097,189
$1.1M
Market Conditions
NOI Build-Up for 8,995 SF
Gross rent
$153.3K $17.04/SF
− Vacancy
−$21.6K −$2.40/SF
EGI
$131.7K $14.64/SF
− OpEx
−$32.9K −$3.66/SF
NOI
$98.7K $10.98/SF
Area
Chesterfield County, VA
Vacancy
14.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,974,940
Cap Rate 7%
$1,410,671
Cap Rate 9%
$1,097,189
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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
