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803 Otterdale Rd - Industrial Development Opportunity 33 Acres of Industrial Land Offered at $5,932,075 CAD in Midlothian, VA 23114


INVESTMENT HIGHLIGHTS
- Site is connected to a large regional substationwith 20 Megawatts storage battery
- Comprehensive plan calls for corporateoffi ce/R+D/light industrial
- Raw land for industrial development
- Great access to Rt. 288
- Sewer trunk line under construction
EXECUTIVE SUMMARY
This 33 acres of prime industrial land is ready for development. Multiple access points to RT. 288 provides an immediate connection to the regions road network. For power-intensive users, a major regional substation for both distribution and transmission is only 1.4 miles away and is already "connected" to the site via an easement. Additionally, the Dry Bridge Substation is now home to the largest storage battery project underway in the Commonwealth at 20 Megawatts. The Little Tomahawk trunk line is now under construction and is expected to be completed by Spring of 2023 which will bring sanitary sewer close to the site. With its excellent schools, extensive retail and service offerings and close proximity to the city and the Innsbrook/Short Pump area, Midlothian is experiencing strong growth. The seller will provide the time for zoning and site plan approvals.
PROPERTY FACTS
| Price | $5,932,075 CAD | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 33.00 AC |
| Property Type | Land | ||
| Zoning | I2 - GEN I | ||
| Price | $5,932,075 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 33.00 AC |
| Zoning | I2 - GEN I |
1 LOT AVAILABLE
Lot
| Price | $5,932,075 CAD | Lot Size | 33.00 AC |
| Price Per AC | $179,759.86 CAD |
| Price | $5,932,075 CAD |
| Price Per AC | $179,759.86 CAD |
| Lot Size | 33.00 AC |
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803 Otterdale Rd - Industrial Development Opportunity
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