Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7501 Otterdale Rd Chesterfield, VA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land available for lease in high-growth corridor.

    Type:LAND
    Property size:
    100,000 SF
    Lot size:
    2.00 Acres
    Added:
    Nov 19, 2025
    Days on Market:
    133
    Last Refresh:
    Mar 29 at 9:23 pm

    Property Features for 7501 Otterdale Rd

    General Information

    Standard status
    Active
    Size
    100,000 SF
    Lot size
    2.00 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 7501 Otterdale Rd Contact us

    We can help!

    Listing Contact
    Lance LJ Marine

    Listing agent Lance LJ Marine License #0225068243

    Listing office Winmar Advisory

    Listing date Nov 19, 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 Winmar Advisory

    Overview

    Commercial Land for Lease

    This commercial land offers high visibility and easy access from major roadways. Pad sites, shop space, anchor, and junior anchor space are available for lease. Ground lease or build-to-suit options are available. The property features road frontage along Hull Street Road and Otterdale Road. It benefits from high traffic volume, with 44,000 vehicles per day on Hull Street Road and 77,000 vehicles per day just East of the site. The location is in a high-growth corridor with an average household income of $138,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hotel & Motel Food Market Accounting Firm Storage Facility HVAC Service Grocery & Convenience Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6054
    Latitude
    37.3602

    Nearby Similar for Lease

    • Contact for pricing

      Office Room For Lease

      Office room for lease in Chesterfield, VA for $390/month.
      1221 mall drive, Chesterfield, VA 23235
      View Details
    • Contact for pricing

      Medical Office Space Available

      Waterfront medical office space for lease in Chesterfield, Virginia.
      14448 Hull Street Road, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Retail Space at Centralia Road

      Retail spaces for lease in a thriving trade area.
      6411-6551 Centralia Road, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Office Building in Chesterfield County

      Office building for lease in Chesterfield County, Virginia.
      7734 Whitepine Rd., N Chesterfield, VA 23237
      View Details
    • Contact for pricing

      Retail Space at Centralia Road

      Retail space available in a thriving trade area.
      6421-6429 Centralia Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Office Space in Growing Area

      Office space for rent in a dynamic, growing residential area.
      15531 Cosby Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Modern Office Building in Chesterfield

      33,000 SF office building in Cosby Village Square.
      15545 Cosby Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Medical Building in Cosby Village

      Class A medical building in fast-growing Moseley, Virginia.
      15545 Cosby Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Office Suite on Krause Road

      Office suite with reception, four offices, and ample parking.
      10106 Krause Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Land in Growing Residential Area

      Land for lease in a rapidly growing Richmond residential area.
      15901 Cosby Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Retail Space on Hull Street

      Retail space available for lease on Hull Street Road.
      13518 Hull Street Rd, Chesterfield, VA
      View Details
    • $18/mo

      Class A Suburban Office Building

      Five-story office building near Johnston Willis Hospital available for lease.
      10710 Midlothian Tpke, Chesterfield, VA
      View Details

    FAQs

    What type of property is this?
    Land - Land available for lease in high-growth corridor.
    Where is this land located?
    The property is located at 7501 Otterdale Rd Chesterfield, VA.
    What are key features of this property?
    This property features: High traffic volume: 44,000 VPD on Hull Street Road and 77,000 VPD just East of the Site.; Located in a high‑growth corridor with an average household income of $138,000.; Prime location with high visibility and easy access from major roadways.
    (703) 622-8156
    We can help!
    Listing Contact
    Lance LJ Marine
    Real Estate License ID: 0225068243
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!