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M-2 Industrial Land Assemblage
For Sale
$499,999

Elm Drive, Mechanicsville, VA 23111

CommercialSale, Mechanicsville, VA

Property SizeContact for details
Lot Size4.80 Acres
Days on Market52

Property Features for Elm Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 44 - Hanover
Standard status Active
APN 8704-82-9503 and 89704-91-5998(part)
Lot size 4.80 Acres

Taxes and HOA fees

Tax Description 1250 COMMECIAL CNTR, BLK 1 SEC 6
Legal Description 1250 COMMECIAL CNTR, BLK 1 SEC 6
Listing Agency: Twin Rivers Realty, Inc
Listed By: Kathy Holliday · License #0225035887
Added: Jul 2 Changed: Aug 19 Last Checked: Aug 22 at 4:06PM
MLS# 2618069

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial land offering combines three lots totaling 4.8 acres and is offered as a single assemblage. County zoning is identified as M-2, providing a defined industrial land-use designation for evaluation by prospective users. Water has been extended to Lot 1.

The property is located 0.02 miles from RT 360 and adjoins established commercial sites. The combined acreage may support a single larger commercial or industrial plan, subject to applicable approvals and site requirements. Individual lot sales are not being offered.

Key Highlights

  • Three lots offered together as one 4.8‑acre assemblage
  • M‑2 zoning identified by the county
  • Located 0.02 miles from RT 360

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

Demographics for 23111, VA

38,151
Population
15,773
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
77.2 sq mi
ZIP Area
494
Density / Sq Mi
$96,736
Median Household Income
$52,106
Median Earnings
$1,558
Median Rent
$324,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Three-lot assemblage with M-2 zoning and water service at Lot 1.
Where is this industrial land located?
The property is located at Elm Drive Mechanicsville, VA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Three lots offered together as one 4.8‑acre assemblage; M‑2 zoning identified by the county; Located 0.02 miles from RT 360
More about this property
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