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5000 Old Midlothian Tpke
Richmond, VA 23224
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 10,200 SF ± building with 1,800 SF ± office space
- Located on 1.39 acres with ample yard and parking
- Minutes from downtown Richmond and Port of Richmond
- Zoned B-3 for broad commercial and industrial uses
- Easy access to I-95, Route 60, and Belt Boulevard
EXECUTIVE SUMMARY
5000 Old Midlothian Turnpike presents a compelling owner-user or investor opportunity in Richmond’s dynamic Southside. Offered at $1,800,000, this 10,200-square-foot office/warehouse facility includes 1,800 square feet of finished office space and sits on a 1.39-acre site zoned B-3. The flexible zoning supports a wide range of commercial and industrial uses, while the single drive-in door and efficient layout cater to operational needs.
Located near major transportation arteries such as I-95, Route 60, and the Belt Boulevard, the property benefits from excellent access to regional and interstate markets. Its proximity to downtown Richmond, the Port of Richmond, and key employment centers enhances its long-term value. The surrounding area includes a mix of industrial parks, retail nodes, and residential communities, supporting both workforce availability and business synergy. Whether for occupancy or repositioning, this asset offers strong fundamentals in a growing market.
Located near major transportation arteries such as I-95, Route 60, and the Belt Boulevard, the property benefits from excellent access to regional and interstate markets. Its proximity to downtown Richmond, the Port of Richmond, and key employment centers enhances its long-term value. The surrounding area includes a mix of industrial parks, retail nodes, and residential communities, supporting both workforce availability and business synergy. Whether for occupancy or repositioning, this asset offers strong fundamentals in a growing market.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1964 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 1.39 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 10,200 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | B-3 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.39 AC |
| Rentable Building Area | 10,200 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Parking Ratio | 1.47/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B-3 |
PROPERTY TAXES
| Parcel Number | C006-0450-018 | Improvements Assessment | $777,000 |
| Land Assessment | $381,000 | Total Assessment | $1,158,000 |
PROPERTY TAXES
Parcel Number
C006-0450-018
Land Assessment
$381,000
Improvements Assessment
$777,000
Total Assessment
$1,158,000
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