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Property profile & analytics

15601 Midlothian Tpke Midlothian, VA 23113

  • Commercial real estate
  • 1,637 SF
  • 11.25 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1258804
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 15601 Midlothian Tpke

Construction
FRAME
Lot size
11.25 lot acres
Property size
1,637 SF
Zone code
I2 - GEN INDUSTRIAL DIST
Property type
Commercial real estate
APN
715-71-00-25-000-000
APU
715710025000000

Description

This exceptional 11.25-acre commercial land parcel presents a unique investment opportunity in Midlothian, Virginia. Strategically located at 15601 Midlothian Turnpike (Route 60), this property boasts 435 feet of frontage on a major thoroughfare, providing unparalleled visibility and accessibility. Its I-2 zoning allows for a wide range of commercial development possibilities. The site's prime location is further enhanced by its proximity to Route 288, ensuring convenient access to major transportation arteries. Across the street sits Westchester Commons, a substantial 650,000 square foot power retail center, guaranteeing high traffic volume and a strong customer base. Furthermore, the property is adjacent to the future Watkins Corporate Center, promising future growth and development in the immediate vicinity. The surrounding area boasts impressive demographics, with an average household income exceeding $136,012 within a three-mile radius, indicating a strong potential for high-return commercial ventures. This 11.25-acre lot in Chesterfield County, zip code 23113, offers an unparalleled chance to capitalize on a thriving commercial market in a highly desirable location. The asking price for this exceptional property is $2,500,000.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Midlothian
County
Chesterfield
State
Virginia
Longitude
-77.6998
Latitude
37.5105
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
$3,443
$382,500
$0.00
$382,500
-
$382,500
$0.00
$382,500
More about this property
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