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    Mechanicsville Metal Building For Sale Title is generated by Realmo AI

    8136 Elm Dr, Mechanicsville, VA 23111

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    Claim this Listing
    For Sale
    $250,000

    1500 SF metal building with roll-up door and bathroom.

    Type:Commercial
    Property size:
    1,500 SF
    Price / SF:
    $166/SF
    Added:
    Apr 26, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 26 at 11:29 am

    Property Features for 8136 Elm Dr

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Susan Compton

    Listing agent Susan Compton License #0225037630

    Listing office Hometown Realty Services

    Listing date Apr 26, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Hometown Realty Services

    HighLights

    • 1500 sq ft metal building/shop offers substantial workspace.
    • Large roll‑up door provides easy access for equipment and materials.
    • Versatile space suitable for various uses (currently used by an electrician).
    • Includes a bathroom for convenience.
    • Baseboard heat in bathroom.
    • Built in 1984.

    Overview

    This 1500 square foot metal building features a large roll-up door and a bathroom equipped with baseboard heat. Currently utilized by an electrician, the property presents various potential applications. The location has a walk score of 37, indicating that it is car-dependent, and a bike score of 36, suggesting it is somewhat bikeable.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $22.5k $15.00
    − Vacancy −$450 −$0.30
    EGI $22.1k $14.70
    − OpEx −$6.6k −$4.41
    NOI $15.4k $10.29
    1,500 SF · lease $15.00/SF/yr · vacancy 2.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $220.5K
    $192.9K – $257.3K (±1% cap)
    NOI $15,435 @ 7.0% cap · market cap 6.17%
    Second Best
    Warehouse
    $142.0K
    $124.3K – $165.7K (±1% cap)
    NOI $9,943 @ 7.0% cap · market cap 3.98%
    Theoretical Best
    Office A
    $451.7K
    $395.2K – $526.9K (±1% cap)
    NOI $31,616 @ 7.0% cap · market cap 12.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Henley Auto Services Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Yummy's Catering — Mechanicsville, VA 23111

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicsville
    County
    Hanover
    State
    Virginia
    Longitude
    -77.3790395
    Latitude
    37.6009808

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    FAQs

    What type of property is this?
    Flex space - 1500 SF metal building with roll-up door and bathroom.
    Where is this flex space located?
    The property is located at 8136 Elm Dr Mechanicsville, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1500 sq ft metal building/shop offers substantial workspace.; Large roll‑up door provides easy access for equipment and materials.; Versatile space suitable for various uses (currently used by an electrician).
    (804) 339-6603
    We can help!
    Listing Contact
    Susan Compton
    Real Estate License ID: 0225037630
    Learn More
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