Technical
Financial
Distress signals
Property profile

2923 Polo Pkwy Midlothian, VA 23113

OFF-MARKET
Office buildings
Property ID
US87-0672917
7,840 SF 0.56 ac lot Built 2001
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space, located at 2923 Polo Parkway in Chesterfield County, offers 3,737 square feet of immediately available space within a larger 7,860 square foot building. The suite boasts a high-end, heavy office buildout featuring abundant natural light and a convenient in-suite kitchenette. Its strategic location provides unparalleled access to a wide array of amenities, including numerous restaurants, retail establishments, and a grocery store, all within easy walking distance. The property is available for lease and offers a turnkey solution for businesses seeking a modern and functional workspace. The building itself is also available for sale or lease, presenting an attractive opportunity for owner-occupiers or investors. The multiple tenancy structure allows for flexibility and potential for expansion within the building. The existing buildout includes extensive glass, creating a bright and inviting atmosphere. This is a rare opportunity to secure a high-quality office space in a highly desirable location. The available space is ready for immediate occupancy, eliminating the need for extensive renovations or build-out costs. Don't miss this chance to establish your business in a thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Total area 7,840 SF
Lot 0.56 ac (24,306 SF)
Zoning code O2 - CORP OFFICE DIST
APN 741-71-60-95-700-000
UPID US87-0672917

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

2923 Polo Pkwy Midlothian, VA 23113-1453
Midlothian metro Census 100926 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.41M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2025
Last sale
$1.3M
4 recorded transactions
2025
$1.3M
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O2 - CORP OFFICE DIST · Midlothian, VA
Top alternative use upside
Auto repair, garage $1.9M +6.2%

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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