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Investment Highlights

  • Current CC (Corridor Commercial) Zoning
  • Adjacent to River City Sportsplex
  • Within Oak Lake Business Park
  • ±4.947-Acre Commercial Development Site
  • Connected to Southside Speedway Revival
  • Excellent Route 288 Regional Access

Executive Summary

±4.947 acres
Current CC (Corridor Commercial) zoning under Chesterfield County's adopted ZMOD ordinance
Employment Center (EC) Future Land Use designation intended to provide planning flexibility while supporting long-term employment and commercial investment
Access from Oak Lake Court and Spectrim Lane
Adjacent to River City Sportsplex and The Park
Directly connected to the future Southside Speedway redevelopment area
Located within Oak Lake Business Park
Minutes from Route 288, Genito Road, Powhite Parkway, and Midlothian
Public utilities available in the area (buyer to verify availability and capacity)
Strong regional demand drivers including sports tourism, recreation, business travel, employment growth, and surrounding residential expansion
Potential Commercial Uses:
Hospitality / Hotel
Destination Restaurant
Brewery / Distillery
Retail
Medical
Professional Office
Entertainment
Conference Facility
Commercial Services
Corporate Campus
Research & Development
Buyer shall independently verify zoning, permitted uses, utility availability, access, environmental conditions, and all development requirements with Chesterfield County.

Property Facts

Price $1,750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 4.94 AC
Zoning CC - CC (Corridor Commercial) zoning with EC Future Land Use designation, providing broad commercial flexibility within Chesterfield's adopted ZMOD.

1 Lot Available

Lot

Price $1,750,000
Price Per AC $354,251.01
Lot Size 4.94 AC

±4.947-acre CC-zoned commercial site within Oak Lake Business Park, adjacent to River City Sportsplex and directly connected to the future Southside Speedway redevelopment. EC land use supports flexible development potential.

Description

The Gaulden Group is pleased to present 12781 Oak Lake Court, a rare ±4.947-acre commercial development opportunity strategically positioned within Oak Lake Business Park in one of Chesterfield County's fastest-growing commercial corridors. The property is zoned CC (Corridor Commercial) under Chesterfield County's adopted ZMOD ordinance. The County has confirmed that the property's Employment Center (EC) Future Land Use designation was intentionally applied to provide flexibility while supporting long-term employment and commercial investment. The CC zoning permits a broad range of commercial uses including hospitality, hotel, restaurant, brewery/distillery, retail, office, medical, entertainment, conference facilities, commercial services, and other compatible commercial development. The site is uniquely positioned adjacent to River City Sportsplex, The Park at River City Sportsplex, The Lake Adventure Park, Oak Lake Business Park, and directly connected to the planned Southside Speedway redevelopment, placing it at the intersection of sports tourism, recreation, employment, entertainment, and continued residential growth. Unlike many commercial land offerings throughout the Richmond region, this property benefits from multiple independent demand generators rather than reliance on a single commercial corridor. Regional accessibility is enhanced by immediate proximity to Route 288, Genito Road, and Powhite Parkway, providing convenient access throughout the Richmond metropolitan area. This represents one of the few remaining large commercial development opportunities capable of supporting a wide variety of destination-oriented and commercial development concepts within western Chesterfield County.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
734-69-09-85-200-000
Land Assessment
$349,800
Improvements Assessment
$0
Total Assessment
$349,800
  • Listing ID: 41554621

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 12781 Oak Lake Ct, Midlothian, VA 23112

Contact the Sale Advisor

12781 Oak Lake Ct - Oak Lake Commercial Development Site

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