#1 • Public Auction | Midlothian, VA | 4.9± Acre Buildable Commercial Lot | Assessed for $350,000! | Zoned O2 | Just Off of Midlothian Turnpike in Gateway Centre Business Park | Online Only | 651 Biotech Drive | 23235
Part of Public Auction | Midlothian, VA | 4.9± Acre Buildable Commercial Lot | Assessed for $350,000! | Zoned O2 | Just Off of Midlothian Turnpike in Gateway Centre Business Park | Online Only | 651 Biotech Drive | 23235 (listings by Motleys Asset Disposition Group)
Status: Available
UNDER CONTRACT! 651 Biotech Drive, North Chesterfield, VA 23235 This 4.9± acre parcel of vacant commercial land offers a rare opportunity in the prime and established North Chesterfield/Midlothian corridor, zoned O2 to accommodate a range of commercial uses. The site is well-suited for single or multi-tenant development and benefits from convenient access to major roadways including Midlothian Turnpike, Powhite Parkway, and Chippenham Parkway. Surrounded by a strong mix of retail, office, and service businesses, this parcel offers strong potential for developers and investors looking to capitalize on North Chesterfield/Midlothian's growing commercial market. • Assessed for $350,000! Opening Bid Only $50,000! • Located in the Gateway Centre Business Park • 4.9± acres of vacant commercial land with a 2.77± acre Resource Protection Area • Zoned O2 - Intended for low-intensity professional uses such as medical offices, financial institutions, and corporate headquarters with minimal retail traffic • Frontage along Powhite Parkway with quick access to Midlothian Turnpike and Chippenham Parkway Property Tours Interested parties may tour the property at their convenience. Please be mindful of neighboring businesses. Ideal For Ideal for developers, investors, and owner-users looking to build office, mixed-use, or multi-tenant commercial projects Auction Term Highlights and Bidder Requirements Auction Term Highlights Registration Deposit: An initial deposit of $5,000 is required for bidder registration and approval to bid Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price Settlement: Settlement must occur within 60 days of the sale. Time is of the essence Online Bidder Requirements All bidders MUST register and submit the initial deposit prior to being approved to bid Important to Note All sales are AS-IS, WHERE-IS and WITH ALL FAULTS All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding The terms and conditions presented at the time of sale supersede any prior or other terms and conditions related to this sale Financial Lender Recommendations Ashley Howell (First Bank & Trust Company) ahowell@firstbank.com 540-421-6732 Lindy Pond (Consistent Capital) lindy@consistentcapital.com 804-647-7866 Briana Sparrow (Atlantic Bay Mortgage Group) brianasparrow@atlanticbay.com 804-878-0509 Megan Rodgers (Farm Credit) mrodgers@FCVirginias.com 434-956-1139 Mike Krumbein (Richmond Mortgage Inc.) mike@richmondmortgageinc.com 804-240-9314 Call Carly Hancock at 804-335-9994 or chancock@motleys.com
