12611 Midlothian Turnpike

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12611 Midlothian Turnpike

Midlothian, VA 23113
Asking Price
$801K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is currently available for purchase at 12611 Midlothian Turnpike.
  • This special-purpose asset is located within the Richmond, Virginia metropolitan area.
  • The offering is priced at 800,788 dollars for interested qualified buyers.
  • Midlothian provides a strategic suburban setting with strong regional transportation access.
  • The site layout supports diverse options for specialized commercial or institutional operations.

What's Special

This special-purpose property at 12611 Midlothian Turnpike in Midlothian, Virginia, is available for sale and presents a functional option for investors or owner-occupants seeking a versatile asset. Positioned along a primary thoroughfare in a well-established suburb of the Richmond metropolitan area, the site benefits from consistent regional connectivity. The location serves a growing community with steady commercial and residential demand, making it suitable for various adaptive uses or specific operational requirements typical of special-purpose facilities. Prospective buyers will find the property well-situated within a corridor characterized by diverse retail and service-oriented businesses. Its proximity to major transit routes enhances accessibility for staff and clientele throughout Chesterfield County. The surrounding market environment supports a broad range of business applications, allowing for potential redevelopment or continued use as a specialized operational space. This asset offers a practical footprint for entities looking to secure a foothold in an active suburban market.

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NOI
$80,000
Cap Rate
9.99%
DSCR
1.68
Strong
Cash-on-Cash
13.51%
Monthly Payment
$3,961.862
Annual Cash Flow
$32,457.655

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