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    115 Browns Way Rd Midlothian, VA 23114

    Sponsored
    For Lease
    Contact for pricing

    Midlothian Turnpike retail; two suites available.

    Lot size:
    14,528 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at the Shops at Railey Hill, situated on the highly visible and heavily trafficked Midlothian Turnpike, boasting 58,000 vehicles per day. The property is a two-story building totaling 14,528 square feet. Currently, two retail spaces are available, each measuring 1,100 square feet. This presents a unique chance for businesses seeking high visibility and excellent access to a large customer base. The minimum leasable space is 1,100 square feet, and the maximum contiguous space available is also 1,100 square feet. The building is currently home to a mix of established businesses, including Jo-Jo's Pizza and Idyllic Nails, creating a vibrant and successful retail environment. With 2,200 square feet currently vacant, this presents an immediate opportunity for expansion or new tenancy. The property's location on Midlothian Turnpike ensures significant foot traffic and drive-by visibility, making it an ideal location for a variety of retail businesses. The building's two-story design offers versatile space options. Don't miss this chance to establish your business in a prime Chesterfield County location.

    Property Features for 115 Browns Way Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,528 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    108 HWR
    Size
    1,100 SF
    Space
    Suite 129 BWR
    Size
    1,100 SF

    HighLights

    • Retail property totaling 14,528 square feet.
    • Two 1,100‑square‑foot retail spaces available for lease.
    • High visibility location on Midlothian Turnpike, Chesterfield County, with 58,000 vehicles per day.
    • Located near national retailers.
    • Existing tenants include Jo‑Jo's Pizza and Idyllic Nails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -77.63793517
    Latitude
    37.50181658

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    FAQs

    What type of property is this?
    Retail property - Midlothian Turnpike retail; two suites available.
    Where is this retail property located?
    The property is located at 115 Browns Way Rd Midlothian, VA.
    What are key features of this property?
    This property features: Retail property totaling 14,528 square feet.; Two 1,100-square-foot retail spaces available for lease.; High visibility location on Midlothian Turnpike, Chesterfield County, with 58,000 vehicles per day.
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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
    115 Browns Way Rd Midlothian, VA 23114
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