13541 Boundary RdMidlothian, VA 23112

Property Details for 13541 Boundary Rd

Year built

1981

Lot size

1.00 AC

Property size (Sq ft)

4,000 SF

Zone code

I1 - LT INDUSTRIAL DIST

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

730-68-75-37-100-000

APU

730687537100000

Description

This exceptional office space, located at 13541 E Boundary Rd in Midlothian, Virginia, offers 2,100 square feet of versatile space on the first floor of a two-story building. The property is situated in Chesterfield County, conveniently near Charter Colony Pkwy, offering easy access to major transportation routes. Built in 1981, this single-tenant space is perfect for businesses seeking a move-in ready solution. The total building size is 8,400 square feet, providing ample room for expansion or potential future growth within the building. The space is adaptable to various office configurations, suitable for executive offices, coworking setups, or traditional office layouts. This presents a unique opportunity for businesses seeking a flexible and well-located office space in a thriving Midlothian community. The property's zip code is 23112. The space is currently vacant and ready for immediate occupancy. The entire first floor is available and can be subdivided to accommodate specific business needs. This is an excellent opportunity to establish a presence in a desirable location with convenient access to amenities and transportation.

• CAP approach

  CAP return

  Valuation

  6%

  $970,250

  6.5%

  $895,616

  7%

  $831,643

• Comparable approach

  Method

  Valuation

  Relative Method

  $831,905

  Geo Method

  $1,035,462

• Alternative Use

  Use

  Valuation

  Residential

  $895,616

  Hospitality

  $820,379

  Educational

  $682,546

  Medical

  $706,020

  Retail

  $1,061,738

Location Insight

City

Midlothian

County

Chesterfield

State

Virginia

Latitude

37.4477

Longitude

-77.647

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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