Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    13501 Fox Club Pkwy Chesterfield, VA 23832

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial/Ag Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    405
    This exceptional 10.72-acre property presents a unique investment opportunity in Chesterfield County, Virginia. Zoned for commercial use, this land offers significant potential for various developments. The property comprises seven parcels strategically located off the Hull Street Corridor in a rapidly expanding, affluent area of Western Chesterfield. Its prime location boasts proximity to key amenities and residential communities. Adjacent to Cosby High School, the land is conveniently situated near Cosby Village, home to established businesses such as Publix, Auto Zone, and 7-Eleven. Furthermore, its close proximity to several large residential developments, including Oasis Park (450 units), Hampton Park (749 units), Magnolia Green (4,055 units), and Sterling Glen Apartments (300 units), ensures a strong potential customer base. The address is 13501 Fox Club Pkwy, Chesterfield, VA 23832, near the intersection of Hull Street Road and Cosby Road. This substantial land parcel offers unparalleled access to a thriving community and presents a compelling opportunity for investors seeking high-growth potential in a desirable location. The property is classified as both Agricultural and Commercial land.

    Property Features for 13501 Fox Club Pkwy

    General Information

    Property type
    Farms
    Lot Size
    466,963 SF

    We can help!

    Listing Contact
    Ellen Long
    Ellen Long

    Learn more

    Property Insight Report

    HighLights

    • ±10.72 acres of prime land available for sale.
    • Located on Fox Club Pkwy, near Hull Street Rd and Cosby Rd.
    • Excellent location in Western Chesterfield's rapidly growing, affluent area, along the Hull Street Corridor.
    • Adjacent to Cosby High School.
    • Near Cosby Village with Publix, AutoZone, and 7‑Eleven.
    • Close proximity to major apartment communities: Oasis Park (450 units), Hampton Park (749 units), Magnolia Green (4,055 units), and Sterling Glen (300 units).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.699709
    Latitude
    37.40363

    Nearby Comparable

    • $5,750,000

      Prime Land For Sale

      Approximately 10.65 acres of land available for purchase.
      15500 Hampton Park Dr, Chesterfield, VA 23832
      View Details
    • $2,250,000

      Hull Street Road Land Opportunity

      Land for sale at Hull Street Road and W. Cosby Road.
      15200 Hull Street Rd, Chesterfield, VA 23832
      View Details
    • $858,000

      Hull Street Road Land Opportunity

      Land with high visibility near future developments and retail.
      14911 Hull Street Rd, Chesterfield, VA 23832
      View Details
    • $685,000

      Land For Sale

      Land for sale with office/retail potential.
      14909 Hull Street Rd, Chesterfield, VA 23832
      View Details
    • $400,000
      1.03 Acres

      Commercial Lot in Chesterfield, VA

      1.03-acre commercial lot zoned C-5, ideal for various commercial uses.
      14770 Hull Street Rd, Chesterfield, VA 23832
      View Details
    • $2,200,000

      Usable Acres in Chesterfield, VA

      10 usable acres of land for sale in Chesterfield.
      14717 Hull Street Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing
      5,000 SF

      Woodlake Office Condos For Sale

      Office condos in Woodlake community, suites from 2,500-5,000± SF.
      6532-6540 Woodlake Village Cir, Midlothian, VA 23112
      View Details
    • $1,575,000
      8,995 SF

      Waterfront Office Building For Sale

      8,995 SF waterfront office building, investment or owner-occupant opportunity.
      14700 Village Square Pl, Midlothian, VA 23112
      View Details
    • Contact for pricing
      13.87 Acres

      Midlothian Commercial Land Development

      13.87 Acres, Pad-Ready Sites Available
      0 Hull Street Rd, Midlothian, VA 23112
      View Details
    • Contact for pricing

      Land Parcel on Woolridge Road

      3.2 acre commercial land parcel with utilities available.
      5301 Woolridge Rd, Moseley, VA 23120
      View Details
    • Contact for pricing
      3.20 Acres

      Woolridge Road Commercial Land

      3.2-acre commercial lot in Midlothian, VA
      5301 Woolridge Rd, Woodlake, VA 23120
      View Details
    • $279,000

      Midlothian Land Parcel For Sale

      1.6 acre commercial land parcel in Midlothian, Virginia.
      6730 Temie Lee Pkwy, Midlothian, VA 23112
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      2,500 SF

      Prime Mixed-Use Development Opportunity

      Retail, restaurant, and medical space in a high-growth Richmond area.
      9201 Iron Brg Rd & Courthouse Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing
      31,000 SF

      Office/Warehouse Space in Business Park

      31,000 SF office/warehouse near Chesterfield Towne Center.
      11623-11637 Busy St N, Chesterfield, VA
      View Details
    • $1,875,759
      2,080 SF

      Chesterfield Medical Office For Sale

      Medical office property for sale in Chesterfield, Virginia.
      10110 Iron Bridge Rd, Chesterfield, VA 23832
      View Details
    • $825,000

      Retail Building with Large Parking

      Retail building with a large parking lot in great location.
      6101 Belmont Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing
      17,700 SF

      Automotive Property with Outside Storage

      17,700 SF property on 2.49 acres, C-5 zoning.
      11013 Research Ct N, Chesterfield, VA
      View Details
    • $485,000

      Chesterfield Specialty Property For Sale

      Specialty property available for purchase in Chesterfield, Virginia.
      8518 Easton Ridge Pl, Chesterfield, VA 23832
      View Details
    • $399,950

      Chesterfield Commercial Property Investment

      Prime location, dual-address commercial site.
      10210 Krause Rd, Chesterfield, VA 23832
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Commercial/Ag Land, Excellent Location
    Where is this farm located?
    The property is located at 13501 Fox Club Pkwy Chesterfield, VA.
    What are key features of this property?
    This property features: ±10.72 acres of prime land available for sale.; Located on Fox Club Pkwy, near Hull Street Rd and Cosby Rd.; Excellent location in Western Chesterfield's rapidly growing, affluent area, along the Hull Street Corridor.
    Request Owner's contact information
    13501 Fox Club Pkwy Chesterfield, VA 23832
    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.
    13501 Fox Club Pkwy
    Chesterfield, VA 23832
    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
    13501 Fox Club Pkwy Chesterfield, VA 23832
    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

    We can help!
    Listing Contact
    Ellen Long
    Ellen Long
    Real Estate License ID: VA 0225090856
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.