Property profile

0 Genito Rd Midlothian, VA 23112

OFF-MARKET
Retail properties & Spaces
227,006 SF 105 ac lot Built 2021
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Property summary

AI-generated overview

This exceptional 227,006-square-foot mixed-use development, known as "The Lake," presents a unique investment opportunity in Midlothian, Virginia. Completed in 2021, this expansive property sits on a generous 105-acre lot and is currently 100% vacant, offering significant potential for a variety of retail tenants. The flexible space allows for multiple tenants, with a minimum divisible unit of 1,059 square feet and a maximum contiguous space of 139,454 square feet, catering to businesses of various sizes. The property's diverse zoning allows for restaurants, apparel stores, wineries, breweries, and office spaces, creating a vibrant and dynamic environment. Located on Genito Road in Chesterfield County (zip code 23112), this prime location offers excellent visibility and accessibility. The development is designed to create an experience-driven environment, perfect for businesses seeking a modern and attractive space to thrive. The large lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a substantial, newly constructed mixed-use property in a rapidly growing area. The property's size and versatility make it ideal for a large-scale development or a portfolio of smaller businesses. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 227,006 SF
Lot 105 ac (4,573,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Genito Rd Midlothian, VA 23112
Midlothian metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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