11601 Robious RdMidlothian, VA 23113

  • Healthcare properties
  • 24,265 SF
For Lease
$29/SF/YR View listing

Property Details for 11601 Robious Rd

Year built
1997
Lot size
2.98 AC
Property size (Sq ft)
24,265 SF
Zone code
O2 - CORP OFFICE DIST
Property type
Healthcare properties
Property subtype
Medical offices
APN
739-71-55-10-600-000
APU
739715510600000

Description

This exceptional 4,191 square foot medical office space is located at 11601 Robious Rd, Midlothian, VA 23113, within the desirable Belgrade area's Robious Road-Huguenot Road corridor. The single-tenant property, built in 1997, is situated on a one-story building totaling 24,265 square feet and features a convenient layout currently configured for an orthodontist practice, but easily adaptable for general dentistry or other medical uses. The property benefits from a prime location near an elementary school, daycare centers, fitness facilities, pediatric offices, and numerous restaurants, ensuring high visibility and accessibility. Landlord-covered expenses include daily janitorial services, trash removal, security, fire alarm monitoring, pest control, grounds and parking lot maintenance (including snow removal), and indoor/outdoor lighting. Non-dental plumbing and electrical repairs are also included. There are no prorations for taxes, insurance, or utilities. The property's APN is 739-71-55-10-600-000 and is zoned O2. This presents a fantastic opportunity for medical professionals seeking a well-maintained, conveniently located, and cost-effective office space in a high-density residential area. The vacant space is 4,191 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,118,870
    6.5%
    $4,725,110
    7%
    $4,387,602
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,052,498
    Geo Method
    $4,052,498
  • Alternative Use

    Use
    Valuation
    Residential
    $5,859,137
    Hospitality
    $5,366,938
    Educational
    $4,465,230
    Medical
    $4,618,796
    Retail
    $6,945,912
11601 Robious Rd, Midlothian, Virginia

Location Insight

City
Midlothian
County
Chesterfield
State
Virginia
Latitude
37.5227
Longitude
-77.6152
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
$36,552
$758,400
$3,219,600
$3,978,000
-
$758,400
$3,219,600
$3,978,000

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