11401 Hull Street RdMidlothian, VA 23112

  • Other commercial real estate
  • 6.72 AC
For Sale
$1,500,000 View listing

Property Details for 11401 Hull Street Rd

Lot size
6.72 AC
Zone code
C3 - COMMUNITY BUS DIST
Property type
Other commercial real estate
APN
742-68-37-72-000-000
APU
742683772000000

Description

This exceptional 6.72-acre commercial land parcel presents a remarkable investment opportunity in Midlothian, Virginia. Located at 11401 Hull Street Road, this C-3 zoned property boasts over 1300 feet of direct frontage on a heavily trafficked thoroughfare, experiencing over 43,000 vehicles daily. Its prime location offers excellent visibility and easy access from both directions. The property's strategic positioning near Route 288 ensures convenient access to major transportation arteries. Significant adjacent development underscores the area's growth potential. The asking price is $1,500,000, translating to approximately $223,214 per acre. This land is ideal for retail development, given its high visibility and convenient location. The property's size and zoning provide ample opportunity for a variety of commercial uses. The Chesterfield County location in the 23112 zip code offers a strong market for commercial ventures. This is a rare opportunity to acquire a substantial parcel of land in a thriving commercial corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $62,164,112
    Hospitality
    $56,941,992
    Educational
    $47,375,068
    Medical
    $49,004,368
    Retail
    $73,694,552
11401 Hull Street Rd, Midlothian, Virginia

Location Insight

City
Midlothian
County
Chesterfield
State
Virginia
Latitude
37.4351
Longitude
-77.605
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,571
$1,063,400
-
$1,063,400
-
$1,063,400
-
$1,063,400

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