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16721 Midlothian Tpke
Midlothian, VA 23113
16301, 16721 & 16731 Midlothian Turnpike · Land For Sale
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63.32 AC
Investment Highlights
- Prime development opportunity, ideally situated along the burgeoning corridor from West Chester Commons to the Powhatan County line
- 32,200 VPD on Midlothian Turnpike
- Signalized intersection
- 11,000 VPD on Old Hundred Road
Executive Summary
Chesterfield County is one of the fastest-growing and most business-friendly regions in the Richmond metropolitan area, offering a robust economy, competitive tax structure, and a highly skilled workforce. The property’s location provides immediate access to major transportation routes, including Route 288, I-95, and I-64, and is within a short drive to Richmond International Airport and the Port of Virginia. This is a rare opportunity to secure a large, strategically located tract in a thriving market poised for continued growth.
Property Facts
3 Lots Available
Lot
| Lot Size | 4.82 AC |
| Lot Size | 4.82 AC |
4.82 acre parcel of land prime for development
Lot
| Lot Size | 57.79 AC |
| Lot Size | 57.79 AC |
57.79 acre for development (13.35± easement)
Lot
| Lot Size | 0.71 AC |
| Lot Size | 0.71 AC |
0.71± acres - 16731 Midlothian Turnpike
Description
This prime development opportunity consists of three contiguous parcels totaling approximately 63.32 acres along the highly traveled Midlothian Turnpike corridor in Chesterfield County, Virginia. Strategically positioned in the path of growth, the site benefits from exceptional visibility and accessibility, with over 2,000 feet of frontage along Midlothian Turnpike and an additional 1,300 feet along Dry Bridge Road. The property is located just west of Route 288 and adjacent to major retail and mixed-use developments, including Westchester Commons, a regional power center anchored by Target and other national retailers. The parcels are zoned EC, making them ideal for a wide range of commercial, mixed-use, or business park developments. Water and sewer utilities are nearby, and the site includes a power line easement and a Resource Protection Area, providing flexibility for site planning. Two of the parcels currently contain single-family homes with access lanes to Midlothian Turnpike, offering potential interim income or redevelopment options. Chesterfield County is one of the fastest-growing and most business-friendly regions in the Richmond metropolitan area, offering a robust economy, competitive tax structure, and a highly skilled workforce. The property’s location provides immediate access to major transportation routes, including Route 288, I-95, and I-64, and is within a short drive to Richmond International Airport and the Port of Virginia. This is a rare opportunity to secure a large, strategically located tract in a thriving market poised for continued growth.
Property Taxes
| Parcel Numbers | Improvements Assessment | $515,000 | |
| Land Assessment | $628,052 | Total Assessment | $1,143,052 |
Property Taxes
