17 Le Gordon Dr Midlothian, VA 23114
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.