0 Woolridge Rd. At Walton Park Rd Midlothian, VA 23114
This exceptional 5.6-acre commercial land parcel is strategically located in Midlothian, Virginia, at the intersection of N. Woolridge Road and Walton Park Road. Currently zoned for single-family residential use, this property presents a unique opportunity for developers seeking a prime location for various commercial ventures. The site boasts high visibility and accessibility, situated just off Midlothian Turnpike, a major thoroughfare with a daily traffic volume of 39,000 vehicles. N. Woolridge Road itself sees 17,000 vehicles per day, ensuring significant exposure for any development. The surrounding area is a thriving hub of activity, featuring established businesses such as American Family Fitness and Goddard School, along with numerous professional and medical office parks and attractive residential communities. Its proximity to St. Francis and Johnston Willis Hospitals, as well as Brightpoint Community College (with over 3,000 students), further enhances its appeal and potential for a variety of uses. The asking price for this exceptional property is $975,000. Rezoning will be required to accommodate commercial development. This presents a rare opportunity to acquire a substantial land parcel in a high-growth area with excellent infrastructure and a strong surrounding demographic. Don't miss this chance to capitalize on the potential of this prime Midlothian location.
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.