5301 Woolridge Rd Midlothian, VA 23120
This exceptional 3.2-acre commercial land parcel presents a unique investment opportunity in the thriving Midlothian, Virginia market. Located at 5301 Woolridge Road, this property boasts 320 feet of road frontage, ensuring excellent visibility and accessibility. The site is zoned to allow for Office (O), Business (B), and Commercial (C) uses, providing flexibility for a variety of development projects. Utilities are readily available, simplifying the development process. The location benefits from its proximity to great neighborhoods and highly-rated schools, creating a desirable environment for potential businesses and attracting a strong customer base. A significant advantage is the presence of a traffic signal at the intersection, optimizing traffic flow and visibility. Furthermore, the property's strategic placement across Woolridge Road from a new 212-unit residential development offers a built-in customer base and significant potential for synergy. This prime location, combined with its versatile zoning and excellent visibility, makes this 3.2-acre parcel an ideal site for a neighborhood center or other commercial ventures. The parcel is situated in Chesterfield County, Virginia, with a zip code of 23120. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R9 - SINGLE FAMILY RES · Moseley, VAMoseley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.