$445,000

12726 Midlothian Tpke, Midlothian, VA 23113

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Welcome to 12726 Midlothian Turnpike which is conveniently nestled in a prime area of the Greater Richmond MSA undergoing an impressive development trend. This 1.41 acres enjoys Midlothian Turnpike frontage with an ADT of 39,000 and is perfect for any use in need of a high ADT with evening commuter targeting. The adjacent 3.4 acre parcels were previously for sale and may be available to increase overall development acreage, however those parcels are no longer on the market at this time. Close to Walton Park, Salisbury, The Grove and other major residential areas; retail giants like Walmart, Food Lion, American Family Fitness, Wegman’s, Petco, Party City, Walgreens, CVS and Sam’s Club have enjoyed long term success in the area with other small retailers joining the fray. The site would be perfect for a self-storage facility, medical office, retail use, owner-user freestanding commercial or even multi-family (with adjoining parcels). This land is located in a prime rental rate area which can produce higher than expected returns post development. Currently priced to move, this 1.41 acres now favors developer entry into the area with primary road frontage needs. There is currently a 1 inch water line to the property, which may need to be expanded. Sewer line is located behind the property and a potential easement with the neighboring partner may be required. County will not allow septic at this area, but has offered incentives to expand the water line across Route 60.

Listing Status:
Active
Listing Office:
Real Broker LLC : (855) 450-0442
Listing Agent:
David Gaulden : (804) 869-3059
MLS ID:
2509577
  • Originating MLS: CVR
  • County: Chesterfield

This listing courtesy of David Gaulden, Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

J.B. Watkins Elementary School

501 Coalfield Rd, Midlothian, VA, 23114

Grades PK-5

1.19 miles away

M

Midlothian Middle School

13501 Midlothian Tpke, Midlothian, VA, 23113

Grades 6-8

0.85 miles away

M

Midlothian High School

401 Charter Colony Pkwy, Midlothian, VA, 23114

Grades 9-12

1.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing