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Property profile & analytics
OFF-MARKET
Land

14291-14301 Midlothian Tpke Midlothian, VA 23113

16 ac lot
Property ID
Property summary
AI-generated overview

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 residential needs. Its strategic location places it within the heart of significant commercial and residential growth along Midlothian Turnpike, further enhancing its potential. The site benefits from its adjacency to a planned 425-unit multi-family development, comprising 275 apartments and 150 townhomes, creating a synergistic environment and expanding the potential customer base. Convenient access to Route 288 provides excellent regional connectivity. Furthermore, the property features full access from Midlothian Turnpike, facilitated by a traffic signal and median break, ensuring seamless ingress and egress. 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, indicating a strong and affluent target market for any development project. This is a rare opportunity to acquire a substantial parcel of land in a high-growth area with significant development potential.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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