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    5701 Midlothian Tpke Richmond, VA 23225

    Sponsored
    For Lease
    Contact for pricing

    32,600 SF Warehouse, Office & Showroom

    Lot size:
    32,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 32,600-square-foot industrial property, situated on four acres, presents a unique investment opportunity. The single-story building, constructed in 1985, boasts a desirable corner location with high visibility and ample parking. The warehouse features 18-foot clear ceilings, a wet sprinkler system, and robust electrical service (800 Amp 480v 3ph). Loading is facilitated by two loading docks and one drive-in door. The property includes approximately 1.5 acres of usable fenced yard space, which is potentially divisible. The building is fully climate-controlled throughout and offers a clear-span warehouse design. A significant advantage is the inclusion of office and showroom space, making it suitable for a variety of uses, including retail. Its strategic location near Chippenham Parkway ensures excellent accessibility. Furthermore, the property benefits from its location within an Enterprise Zone. The property is available for lease or sublease in the second or third quarter of 2025. The zoning is B-3. Interested parties should inquire for further details.

    Property Features for 5701 Midlothian Tpke

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,600 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    32,600 SF

    HighLights

    • 32,600 SF industrial warehouse with office/showroom space.
    • Corner lot location on a 4‑acre parcel with ample parking.
    • Features 2 loading docks, 1 drive‑in door, and 18' clear ceiling height.
    • Equipped with 800 amp, 480v, 3‑phase power and a wet sprinkler system.
    • Located in a B‑3 zoned area, proximate to Chippenham Parkway, and within an Enterprise Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Creative Flooring Solutions Flooring Store Glidewell Brothers Inc. Painter Southern Contracting Co Painter

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.5027123
    Latitude
    37.5045312

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    FAQs

    What type of property is this?
    Distribution property - 32,600 SF Warehouse, Office & Showroom
    Where is this distribution property located?
    The property is located at 5701 Midlothian Tpke Richmond, VA.
    What are key features of this property?
    This property features: 32,600 SF industrial warehouse with office/showroom space.; Corner lot location on a 4-acre parcel with ample parking.; Features 2 loading docks, 1 drive-in door, and 18' clear ceiling height.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    5701 Midlothian Tpke Richmond, VA 23225
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