Property profile

4500 Commonwealth Ctr Pkwy Midlothian, VA 23112

OFF-MARKET
Shopping centers
Property ID
US87-3955754
23,256 SF 21.92 ac lot Built 2001
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 2001
Total area 23,256 SF
Lot 21.92 ac (954,792 SF)
Zoning code C4 - REGIONAL BUS DIST
APN 734-67-69-18-900-000
UPID US87-3955754

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
  • Take-out & Catering

Location

4500 Commonwealth Ctr Pkwy Midlothian, VA 23112-2767
Midlothian metro Census 101012 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2007
$31.9M
1969
Price N/A

Zoning & alternative use

C4 - REGIONAL BUS DIST · Midlothian, VA
Top alternative use upside
Restaurant $2.0M +138.2%
Industrial (general) $2.0M +137.6%
Medical building $1.3M +57.7%

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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