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Property profile & analytics
OFF-MARKET
Land

17 Le Gordon Dr Midlothian, VA 23114

Property ID
Property summary
AI-generated overview

This exceptional 7,270 square foot commercial land parcel is ideally situated in the heart of Midlothian, Virginia's vibrant retail corridor at the corner of Le Gordon Drive and Midlothian Turnpike. Zoned O, B, and C, this property presents a unique opportunity for a variety of commercial ventures, including medical offices and retail establishments. The site boasts excellent visibility and direct frontage on Midlothian Turnpike, ensuring high traffic exposure for your business. Architectural plans are already approved, streamlining the development process. Infrastructure is complete, with water and sewer connections in place, and a dedicated entrance ready for immediate use. The property is conveniently located near Route 288, providing easy access to major transportation arteries. This pad-ready lot is anticipated to be available for occupancy in late August or early September 2023, making it an attractive option for businesses seeking a quick and efficient entry into this thriving market. The asking price for this prime commercial land is $1,300,000.

Property profile
Verified
Property type Land
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
AI Approach AI
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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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