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    14291 Midlothian Tpke Midlothian, VA 23113

    For Sale
    Contact for pricing

    16 Acres, C-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 16-acre development site presents a unique investment opportunity in the thriving Midlothian, Virginia market. Located at 14291-14301 Midlothian Turnpike, this property boasts over 570 feet of direct frontage on a highly trafficked thoroughfare, ensuring maximum visibility and accessibility. The C-3 zoning allows for a wide range of mixed-use development possibilities, catering to diverse commercial and retail ventures. The site's strategic location places it within the heart of a dynamic commercial and residential area, experiencing significant growth. Adding to its appeal, the property is adjacent to a planned multi-family development comprising 275 apartments and 150 townhomes, creating a synergistic environment and expanding the potential customer base. Convenient access to Route 288 further enhances its connectivity and logistical advantages. The property features two pads and benefits from a traffic signal and median break providing full access from Midlothian Turnpike. This prime location within Chesterfield County, Virginia (zip code 23113), is situated in an area with the highest income per capita in the Richmond MSA, promising strong returns on investment. This is an unparalleled chance to capitalize on the robust growth and high demand in this desirable location.

    Property Features for 14291 Midlothian Tpke

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • ±16‑acre mixed‑use development site in Midlothian, VA.
    • C‑3 zoning.
    • Over 570 feet of frontage on Midlothian Turnpike.
    • Prime location within a major commercial and residential area.
    • Adjacent to a planned 425‑unit multifamily development.
    • Close proximity to Route 288.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6694093
    Latitude
    37.5036906

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    FAQs

    What type of property is this?
    Land - 16 Acres, C-3 Zoning, High Traffic
    Where is this land located?
    The property is located at 14291 Midlothian Tpke Midlothian, VA.
    What are key features of this property?
    This property features: ±16-acre mixed-use development site in Midlothian, VA.; C-3 zoning.; Over 570 feet of frontage on Midlothian Turnpike.
    (804) 864-9788
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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
    14291 Midlothian Tpke Midlothian, VA 23113
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