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    8212 Midlothian Tpke Richmond, VA 23235

    • Commercial real estate
    • 1.03 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US87-0908044
    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 8212 Midlothian Tpke

    Lot size
    1.03 lot acres
    Zone code
    C3 - COMMUNITY BUS DIST
    Property type
    Commercial real estate
    APN
    759-70-60-71-600-000
    APU
    759706071600000

    Description

    This ±1.03-acre commercial land parcel presents a prime development opportunity in Richmond, Virginia. Located at 8212 Midlothian Turnpike, with convenient access to N Providence Rd, this property is zoned C-3, offering flexibility for a variety of commercial uses. The single-tenancy lot is ideal for ground lease or build-to-suit projects, catering to developers seeking a strategic location with high visibility. Situated in Chesterfield County, this site benefits from its proximity to major thoroughfares, ensuring excellent accessibility for both employees and customers. The property's location along Midlothian Turnpike provides significant exposure to a high volume of daily traffic, making it an attractive proposition for businesses seeking maximum brand visibility. Detailed zoning information and development guidelines are available upon request. This exceptional parcel offers a rare chance to establish a thriving commercial venture in a thriving Richmond area. The address is 8212 Midlothian Turnpike, Richmond, VA 23235.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $290,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $260,000
      Mixed-Use
      $325,000
      Hospitality
      $270,000
      Educational
      $275,000
      Residential Income
      $315,000
      Energy
      $245,000
      Income-Based Land
      $260,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    North Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.548
    Latitude
    37.4978
    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
    $3,294
    $346,500
    $0.00
    $346,500
    -
    $346,500
    $0.00
    $346,500

    Comparable in this City

    • Value Estimation by Request
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      0.19 Acres

      9828 Midlothian Tpke

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      9828 Midlothian Tpke, North Chesterfield, VA 23235-4863
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    • Value Estimation by Request
      0.58 Acres

      2511 Professional Rd

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      0.13 Acres

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    • Value Estimation by Request
      7.10 Acres

      301 Gtwy Ctr Pkwy

      COMMERCIAL (GENERAL) • 7.10 Acres
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      View Details

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    • Contact for pricing
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      Retail Space on Midlothian Turnpike

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    Richmond, VA 23235
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    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
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