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1025 Salisbury Dr Midlothian, VA 23113-4236

OFF-MARKET Commercial real estate Google Maps
0.44 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US87-2339821

Property summary

AI-generated overview

This exceptional .44-acre commercial lot in Midlothian, VA, presents a unique investment opportunity. Located directly across from Midlothian Middle School, this property boasts unparalleled visibility and convenient road access, enhanced by an existing easement. The high foot traffic generated by the school's proximity makes this an ideal location for a diverse range of businesses. Potential uses include, but are not limited to, retail establishments, office spaces, and various service-oriented businesses. The property's versatility allows for a wide array of development possibilities, catering to entrepreneurs seeking a high-traffic location. The zoning allows for a variety of businesses including antique stores, bowling alleys, music schools, gyms, medical and dental offices, pet shops, and more. Specific permitted uses also include general offices, furniture upholstery shops, and certain types of secondhand stores (subject to distance restrictions from similar businesses). This is a rare chance to acquire a prime commercial parcel in a thriving Midlothian community. The asking price is $175,000. Don't miss this opportunity to secure a prominent location for your commercial venture.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.44 ac (19,341 SF)
Zoning code C3 - COMMUNITY BUS DIST
APN 729-70-89-10-800-000
UPID US87-2339821

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
Last sale
$50,000
1 recorded transaction
2020
$50,000

Zoning & alternative use

C3 - COMMUNITY BUS DIST · Midlothian, VA

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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