Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Office Building For Sale Title is generated by Realmo AI

    14700 Village Square Pl, Midlothian, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

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

    Type:OFFICE
    Property size:
    8,995 SF
    Lot size:
    1.65 Acres
    Price / SF:
    $175/SF
    Added:
    Aug 14, 2025
    Days on Market:
    278
    Last Refresh:
    Apr 5 at 9:33 pm

    Property Features for 14700 Village Square Pl

    General Information

    Standard status
    Active
    Size
    8,995 SF
    Lot size
    1.65 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Mark B. Specter

    Listing agent Mark B. Specter

    Listing office Specter Properties Inc

    Listing date Aug 14, 2025

    Source Moodyscre

    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

    HighLights

    • 8,995 +/- sq. ft. waterfront office building
    • Enjoy waterfront views of Swift Creek Reservoir
    • Excellent investment or owner‑occupant opportunity
    • Numerous amenities including walking trails, lake access, child care, and restaurants
    • 5,870 +/- square feet available as of May, 2025
    • Easy access to Hull Street Road and nearby shopping

    Overview

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6785
    Latitude
    37.4083

    Nearby Similar for Sale

    • $610,000
      2,544 SF

      Office Unit in Harbour Park

      Office unit for sale with 2544 square feet.
      5925 Harbour Park Dr, Midlothian, VA 23112
      View Details
    • Contact for pricing
      3,978 SF

      Medical Office Building in Midlothian

      3,978 SF medical office building for sale in Midlothian.
      14404 Sommerville Ct, Midlothian, VA 23113
      View Details
    • $383,000
      1,224 SF

      Office Building in Chesterfield County

      Office building for sale in Midlothian, Chesterfield County.
      Midlothian, VA 23113
      View Details
    • $395,000
      1,926 SF

      Midlothian Two-Level Townhome

      Comfortable two-level townhome in the heart of Midlothian.
      613 Abbey Village Circle,, VA 23114
      View Details
    • $389,990
      1,886 SF

      New Construction Townhome with Amenities

      Modern townhome near medical center, shopping, and entertainment.
      1019 Arborway Lane, Midlothian, VA 23114
      View Details
    • $1,100,000
      3,978 SF

      Midlothian Medical/Office Property For Sale

      Located in the heart of Midlothian near medical facilities.
      14404 Sommerville Ct, Midlothian, VA
      View Details
    • $359,619
      1,768 SF

      Upgraded Condo in Midlothian

      Top floor condo in desired Charter Colony subdivision.
      1220 Westwood Village Lane 403,, VA 23114
      View Details
    • $1,999,000
      6,061 SF

      Two Office Buildings For Sale

      Two one-story office buildings with high visibility and easy access.
      2901-2949 Fox Chase Ln, Midlothian, VA 23112
      View Details
    • Contact for pricing
      25,000 SF

      Southern States Investment Property

      NNN leased Southern States in Midlothian, Virginia.
      1200 Alverser Dr, Midlothian, VA
      View Details
    • $1,265,500
      5,062 SF

      Midlothian Office/Medical Property For Sale

      Office/medical property in Midlothian with flexible floor plan.
      108 Walton Park Ln, Midlothian, VA
      View Details
    • Contact for pricing
      9,343 SF

      Veterinary Space Near Brandermill

      7,927 SF space near Powhite Parkway and Route 288.
      2460 Colony Crossing Pl, Midlothian, VA
      View Details
    • $1,400,000
      3,600 SF

      Automotive Shop on Anderson Highway

      Two buildings on 2.12 acres in Powhatan retail submarket.
      1346 Anderson Hwy, Midlothian, VA
      View Details

    FAQs

    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 $1,575,000.
    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
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark B. Specter
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14700 Village Square Pl, Midlothian, VA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!