Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    16001 Midlothian Tpke Midlothian, VA 23114

    • Commercial real estate
    • 43.24 lot acres
    For Sale
    View listing
    $3,243,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-0814738
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16001 Midlothian Tpke

    Lot size
    43.24 lot acres
    Zone code
    A - AGRICULTURAL
    Property type
    Commercial real estate
    APN
    714-70-92-44-600-000
    APU
    714709244600000

    Description

    This exceptional 43.24-acre commercial land parcel presents a unique investment opportunity in the thriving Midlothian, Virginia market. Strategically located at 16001 Midlothian Turnpike, this A-1 zoned property boasts unparalleled access and visibility. Situated between Dry Bridge Road to the west and Watkins Centre to the east, it benefits from its proximity to Route 60 (Midlothian Turnpike), Westchester Commons Shopping Center, and Interstate 288, ensuring high traffic volume and convenient access for businesses and customers. The property's location is further enhanced by its adjacency to significant developments, including the 3.2 million square foot Watkins Centre mixed-use development to the west and the planned 1,600-home Village of Westchester to the southeast. Nearby established businesses include Bon Secours St. Francis Medical Center and Westchester Medical Park, solidifying the area's strong commercial presence. The property includes a 70-foot access easement off Midlothian Turnpike, providing convenient ingress and egress. Chesterfield County is currently working on a partial sewer line installation, further enhancing the property's development potential. This location offers the advantage of being within the Richmond MSA, an area known for its high household income per capita. For qualified buyers, owner financing is available, making this an even more attractive proposition. This prime commercial land offers significant potential for a wide range of commercial developments, capitalizing on its exceptional location and strong surrounding infrastructure. The property is located in Chesterfield County, Virginia, with a zip code of 23114.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midlothian
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.7022
    Latitude
    37.5078
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,867
    $1,318,500
    $0.00
    $1,318,500
    -
    $1,318,500
    $0.00
    $1,318,500

    Comparable in this City

    • Value Estimation by Request
      1.45 Acres

      151 James Vw Dr

      COMMERCIAL (GENERAL) • 1.45 Acres
      151 James Vw Dr, Midlothian, VA 23113
      View Details
    • Value Estimation by Request
      0.72 Acres

      14603 Wylderose Ave

      COMMERCIAL (GENERAL) • 0.72 Acres
      14603 Wylderose Ave, Midlothian, VA 23113
      View Details
    • Value Estimation by Request
      1.46 Acres

      1021 Frameway Rd

      COMMERCIAL (GENERAL) • 1.46 Acres
      1021 Frameway Rd, Midlothian, VA 23113-7716
      View Details
    • Value Estimation by Request
      5.46 Acres

      14001 Steeplestone Dr

      COMMERCIAL (GENERAL) • 5.46 Acres
      14001 Steeplestone Dr, Midlothian, VA 23113
      View Details
    • Value Estimation by Request
      6.00 Acres

      3610 James Riv Rd

      COMMERCIAL (GENERAL) • 6.00 Acres
      3610 James Riv Rd, Midlothian, VA 23113-3718
      View Details
    • Value Estimation by Request
      0.75 Acres

      2501 Kentford Rd

      COMMERCIAL (GENERAL) • 0.75 Acres
      2501 Kentford Rd, Midlothian, VA 23113-3913
      View Details

    Similar Nearby for Sale

    • $350,000
      4.00 Acres

      Logan Square Commercial Land Lease

      Prime 0.55-acre lot, high traffic location.
      16901 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • $399,000
      1.35 Acres

      Midlothian Commercial Land - 1.35 Acres

      Prime Midlothian location, high visibility, development potential.
      13406 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • $175,000
      0.44 Acres

      Midlothian Commercial Land Investment

      High-Visibility .44-Acre Lot, Prime Location
      1025 Salisbury Dr, Midlothian, VA 23113
      View Details
    • $900,000
      2.30 Acres

      Midlothian Commercial Land - $900K

      2.3-acre commercial lot, prime Midlothian location.
      12910 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • Contact for pricing
      11,037 SF

      Midlothian Office & Land Investment

      11,037 SF Office/Retail Space, VA
      17 Le Gordon Dr, Midlothian, VA 23113
      View Details
    • $449,000
      1.35 Acres

      Midlothian Commercial Land - 1.35 Acres

      Prime Midlothian location, approved site plan.
      13406 Midlothian Tpke, Midlothian, VA 23113
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      141,305 SF

      Midlothian Retail Center Investment

      High-traffic retail strip center, 1 space available.
      11400 Huguenot Rd, Midlothian, VA 23113
      View Details
    • $23 SF/Yr
      24,000 SF

      Mixed-Use Property in Growing Area

      18.23 AC mixed-use property in rapidly growing Powhatan Retail submarket.
      17605 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • Contact for pricing
      8,040 SF

      Retail Space Near Chesterfield Mall

      8,040 SF retail space in high-traffic Midlothian location.
      1230 Huguenot Rd, Midlothian, VA 23113
      View Details
    • Contact for pricing
      63,287 SF

      Former Grocery Store Available

      63,287 SF retail space, anchored by Target and Kohl's.
      11331 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • Contact for pricing
      7,000 SF

      Prime Mixed-Use Development Land

      16 acres of C-3 zoned land for rent.
      14235 Midlothian Tpke, Midlothian, VA 23113
      View Details
    • Contact for pricing
      697 SF

      Retail Space in Sycamore Square

      Retail space available in Midlothian's Sycamore Square Shopping Center.
      1252 Sycamore Sq, Midlothian, VA 23113
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16001 Midlothian Tpke
    Midlothian, VA 23114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.