11601 Robious RdMidlothian, VA 23113

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

Medical offices

Property subtype

Medical centers

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.

• 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

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

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