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Property profile & analytics
OFF-MARKET
Warehouses

5701 Midlothian Tpke Richmond, VA 23225

32,600 SF 4 ac lot Built 1985
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Year built 1985
Total area 32,600 SF
Lot 4 ac (174,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Creative Flooring Solutions Carpet & Flooring Store Hardware & Home Improvement
  • Glidewell Brothers Inc. Painting Service General Contractor
  • Southern Contracting Co Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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