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    3101 Mechanicsville Tpke Richmond, VA 23223

    Sponsored
    For Lease
    $25 SF/Yr

    Richmond retail space, multiple units available.

    Lot size:
    113,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Oak Hill Plaza, located at 3101 Mechanicsville Turnpike in Richmond, Virginia (zip code 23223), offers exceptional retail opportunities in Henrico County. This neighborhood shopping center boasts a total of 113,920 square feet and currently has 4,240 square feet of vacant space available for lease. Multiple units are available, with sizes ranging from a minimum of 1,000 square feet to a maximum contiguous space of 1,640 square feet. The property enjoys high visibility due to its direct frontage on Mechanicsville Turnpike (Route 360), a major thoroughfare. Its convenient location provides excellent access to Interstate 64, ensuring high traffic flow and convenient access for customers. This prime retail location presents a unique opportunity for businesses seeking high visibility and convenient access to a substantial customer base in a thriving Richmond community. The property is classified as Commercial Retail with multiple tenancies. Interested parties should inquire about available unit specifics and lease terms.

    Property Features for 3101 Mechanicsville Tpke

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,920 SF
    Total Rate
    237333.33

    Unit(s) available at that property

    Space
    Suite 18A
    Size
    1,640 SF
    Space
    Suite 17
    Size
    1,600 SF
    Rate per SF
    $25
    Space
    Suite 3
    Size
    1,000 SF
    Rate per SF
    $25

    HighLights

    • 1,000‑1,640 SF of retail space available for lease, including a 1,600 SF second‑generation hair salon.
    • Food Lion‑anchored neighborhood shopping center in Richmond, VA.
    • New tenants include Rainbow, Doll House, Perfect Place Events, and Virginia ABC.
    • High visibility from Mechanicsville Turnpike (Route 360), with pylon signage available.
    • Excellent access to I‑64.
    Property Profile Location Intelligence

    Current Use by Public Records

    Martha Beauty Salon Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.3997933
    Latitude
    37.5686562

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    FAQs

    What type of property is this?
    Retail property - Richmond retail space, multiple units available.
    Where is this retail property located?
    The property is located at 3101 Mechanicsville Tpke Richmond, VA.
    What is the lease rate?
    The lease rate is $0.00-$25 SF/Yr.
    What are key features of this property?
    This property features: 1,000-1,640 SF of retail space available for lease, including a 1,600 SF second-generation hair salon.; Food Lion-anchored neighborhood shopping center in Richmond, VA.; New tenants include Rainbow, Doll House, Perfect Place Events, and Virginia ABC.
    Request Owner's contact information
    3101 Mechanicsville Tpke Richmond, VA 23223
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    Richmond, VA 23223
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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
    3101 Mechanicsville Tpke Richmond, VA 23223
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