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Property profile & analytics
FOR SALE
Commercial real estate

5301 Woolridge Rd Midlothian, VA 23120

3.17 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-0355217
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.17 ac (138,216 SF)
Zoning code R9 - SINGLE FAMILY RES
APN 717-67-92-07-100-000
UPID US87-0355217
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Watercross Dev INC
Watercross Dev INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
R9 - SINGLE FAMILY RES · Moseley, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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