Midlothian Development Property

16801 Midlothian Tpk. & Old Hundred Rd. Intersection Midlothian, VA

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FOR SALE
Property Type:
Other Land
Last Verified:
Feb 17, 2017


Located on the southwest corner of the very busy intersection of Midlothian Turnpike and Old Hundred Road in Chesterfield County, VA.
Located just 24 miles from Downtown Richmond - approx. 31 minutes.
Easily accessible via Rt. 288 to Interstates 64 and 95.
Less than 5 miles west from Westchester Commons and Watkins Center.
6 miles from the award winning Hallsley Neighborhood.
Just across Rt. 60/Anderson Highway from WIndy Hill Sports Complex.
Located in a high growth corridor.
Lot Size: 6.15 acres

Map of 16801 Midlothian Tpk. & Old Hundred Rd. Intersection, Midlothian, VA, 23112

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.