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    8157 Old Cavalry Dr Mechanicsville, VA 23111

    Sponsored
    For Sale
    $600,000

    Prime 1.83-acre lot, B-1 zoned.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.83-acre commercial lot in Mechanicsville, VA, presents a remarkable opportunity. Located at 8157 Old Cavalry Drive, this property boasts a B-1 zoning designation and has already received Hanover County Planning Commission approval for a 14,400 square foot, free-standing, single-story building. Significant site improvements are already in place, saving considerable time and money for the future owner. These include 101 paved parking spaces, concrete curbs and gutters, and readily available utilities. Specifically, 1-inch and 2-inch public water tap connections are on-site, along with sewer access. Natural gas is conveniently available via Virginia Natural Gas Company on Mechanicsville Turnpike. A comprehensive stormwater management system is fully operational, complete with a prepaid VSMP permit (#DCR01-090-100089). The attractive, level lot is ready for immediate development. Detailed engineering drawings and site plans, prepared by Bay Design Group, are available upon request, providing a significant head start on the construction process. This property offers a unique blend of convenience, pre-approved plans, and substantial infrastructure, making it an ideal investment for a variety of commercial ventures. Priced at $600,000.

    Property Features for 8157 Old Cavalry Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    79,715 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsville
    County
    Hanover
    State
    Virginia
    Longitude
    -77.31104
    Latitude
    37.62418

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.83-acre lot, B-1 zoned.
    Where is this commercial real estate located?
    The property is located at 8157 Old Cavalry Dr Mechanicsville, VA.
    What is the asking price?
    The asking price for this property is $600,000.
    (804) 730-7195
    Request Owner's contact information
    8157 Old Cavalry Dr Mechanicsville, VA 23111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8157 Old Cavalry Dr Mechanicsville, VA 23111
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