5701 Midlothian Tpke Richmond, VA 23225
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.
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Creative Flooring Solutions Carpet & Flooring Store Hardware & Home Improvement
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Glidewell Brothers Inc. Painting Service General Contractor
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Southern Contracting Co Painting Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.