Midlothian, VA
Commercial Real Estate Market Trends & Data

$241 Avg asking sale price
$23 Avg asking lease rate
7,780 SF Avg unit lease size
26,592 SF Avg building size for sale
5.89% Average cap rate

Midlothian's Demographic Profile

Midlothian has 31,808 households and a median income of $114,485, providing context for rent absorption and tenant demand across retail and multifamily assets. A +10% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 86,383
# Households 31,808
Median age 41
Median household income $114,485
Avg household size 3.0
Renter-occupied housing units 6,441
5-year population change +10%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Midlothian, VA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Midlothian $173 14,452 SF 5.94%
Bon Air $160 30,932 SF 5.94%
Chesterfield $314 19,404 SF 8.12%
North Chesterfield $200 20,262 SF 10.29%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
North Chesterfield $156 37,581 SF 6.60%
Richmond $168 31,822 SF 6.60%
Nearby Retail Markets Avg Cost/SF Typical Size
Midlothian $316 14,226 SF
Bon Air $349 7,452 SF
Chesterfield $442 16,578 SF
North Chesterfield $214 15,908 SF
Richmond $282 12,841 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Richmond $269 13,340 SF 6.98%
Chester $256 2,500 SF 5.61%

Commercial Properties For Sale in Midlothian

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fox & Hound

Richmond, VA 23235

  • 9,396 SF Retail Building
  • 5.65% Cap Rate
  • $3,500,000
For Sale

Woodlake Commons loop

Midlothian, VA 23112

  • 1.38 AC Lot
  • 1 Commercial Lot
  • $1,104,000
For Sale

Bldg D

Midlothian, VA 23113

  • 11,600 SF Office Building
  • $505,000
For Sale

4-Pack of Single Family Rental Portfolio

Midlothian, VA

  • $1,360,000
For Sale

13811-13831 Village Place Dr, Midlothian, VA

Midlothian, VA 23114

  • 20,999 SF Retail Building
  • $5,942,000
For Sale

4921 Old Hundred Rd

Midlothian, VA 23112

  • 0.74 AC Lot
  • 1 Commercial Lot
  • $990,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Midlothian pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Midlothian $241 26,592 SF
Bon Air $217 52,216 SF
Moseley $1,033 3,583 SF
Chesterfield $515 31,526 SF
North Chesterfield $243 24,350 SF

Multifamily Properties For Sale in Midlothian

For Sale

Bainbridge Midlothian

Midlothian, VA 23113

  • 310,000 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Midlothian alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Midlothian or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Midlothian 86,383 31,808 41 $114,485 3 6,441 10%
Bon Air 18,274 7,216 41 $88,063 2 2,157 8%
Chesterfield 45,904 15,854 40 $96,987 3 2,668 10%
North Chesterfield 220,173 88,416 39 $60,743 2 40,577 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Midlothian, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Midlothian

View All Commercial Real Estate For Sale in Midlothian
Is Midlothian a good market for a first-time commercial real estate investor?

Midlothian offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Midlothian?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Midlothian. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Midlothian?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Midlothian. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Midlothian compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Midlothian. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Midlothian acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Midlothian, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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