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 22, 2017


This 6.15 Ac. parcel of prime land has mixed timber and is a great location at the intersection of the very busy Midlothian Turnpike and Old Hundred Road. Currently zoned Agricultural but could lend itself to a variety of mixed uses such as Business - Commercial or Light Industrial. Plat available upon request. Water lines are located across and on the north side of Midlothian Turnpike/Route 60/Anderson Highway. A highly visible and desirable location at the corner of Old Hundred Road and Midlothian Turnpike - just west of Watkins Center and diagonal to Windy Hill Sports Complex.T
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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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.