11321 Genito Rd Midlothian, VA 23112-3641
Property Lookup
Property profile & analytics
11321 Genito Rd Midlothian, VA 23112-3641
- Automotive properties
- 1,760 SF
- 0.50 lot acres
Property ID
US87-1327821
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.
Location Intelligence
Current Use by Public Records
- Jiffy Lube Multicare / Auto Repair Shop
Property Details for 11321 Genito Rd
- Year built
- 1988
- Lot size
- 0.50 lot acres
- Property size
- 1,760 SF
- Zone code
- C3 - COMMUNITY BUS DIST
- Property type
- Automotive properties
- APN
- 743-68-45-42-200-000
- APU
- 743684542200000
Description
This exceptional investment opportunity presents a 1,760 square foot Jiffy Lube located at 11321 Genito Rd, Midlothian, VA 23112. The property sits on a 0.5-acre lot and boasts a strong Net Lease (NN) structure with minimal landlord responsibilities. Currently operating under a single-tenant lease with Jiffy Lube International, Inc., the lease commenced September 3, 1996, and has a remaining term of 6.9 years, expiring September 29, 2031. The current annual Net Operating Income (NOI) is $81,000, representing a 7.25% capitalization rate based on the asking price of $1,117,240 ($634.80 per square foot). The lease includes a 10% rent increase every five years, with the next increase scheduled for October 1, 2026, boosting the annual rent to $90,000. Built in 1988, this well-established business benefits from its location in a densely populated area, with over 133,442 residents within a 5-mile radius and an affluent 3-mile radius boasting an average household income exceeding $107,796. The property enjoys excellent visibility and accessibility, situated near Hull Street Rd (43,000+ vehicles daily) and Genito Rd (9,700+ vehicles daily), and is conveniently located just 14 miles from Richmond, Virginia. This offering presents a compelling investment opportunity with a stable tenant, strong cash flow, and significant upside potential.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Midlothian
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.6024
- Latitude
- 37.4379
- 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
$5,937
$214,300
$434,300
$648,600
-
$214,300
$434,300
$648,600
