Property profile

5717 Midlothian Tpke Richmond, VA 23225

OFF-MARKET
Office buildings
Property ID
US87-0102313
3,164 SF 0.37 ac lot Built 1977
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 5717 Midlothian Turnpike in Richmond, Virginia, presents a compelling investment opportunity. The building boasts over 3,000 square feet of adaptable space, perfectly suited for a diverse range of professional businesses. Its prime location ensures high visibility and easy accessibility, making it an attractive proposition for companies seeking a prominent presence in a busy area of the city. Currently generating income as a leased daycare center, this property offers a stable revenue stream for investors while simultaneously presenting significant potential for future development or adaptation to suit a variety of commercial uses. The building's versatile layout allows for customization to meet the specific needs of various tenants, making it an ideal choice for businesses requiring ample space for offices, specialized services, or other commercial operations. The property sits on a 0-acre lot and is listed at $675,000. Its strategic location on Midlothian Turnpike guarantees significant foot and vehicle traffic, maximizing exposure and potential for client acquisition. This is a rare opportunity to acquire a well-situated, income-producing commercial property in a thriving Richmond neighborhood.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1977
Construction WOOD
Total area 3,164 SF
Lot 0.37 ac (16,204 SF)
Zoning code B-3 GENERAL BUSINESS
APN C-006-0789-006
UPID US87-0102313

Cap rate & NOI

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

Location

5717 Midlothian Tpke Richmond, VA 23225-6115
Richmond metro Census 70601 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2026
Last sale
$500,000
4 recorded transactions
2026
$333,000
2022
$500,000
2017
$232,500
2017
$150,000

Zoning & alternative use

B-3 GENERAL BUSINESS · Richmond, VA

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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