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Property profile

3101 Mechanicsville Tpke Richmond, VA 23223

OFF-MARKET
Retail properties & Spaces
113,920 SF Built 1989
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Property summary

AI-generated overview

This exceptional 1,640 square foot retail storefront, situated within the bustling Oak Hill Plaza in Richmond, Virginia, presents a unique opportunity. Located at 3101 Mechanicsville Turnpike, zip code 23223, this space is ideally suited for a hair salon, benefiting from its prior use as such. The property is part of a larger 113,920 square foot building, offering ample parking and visibility within a well-established neighborhood center anchored by a Food Lion grocery store. Built in 1989, the building is located in Henrico County and offers a strong foundation for a thriving business. The space is currently vacant and ready for immediate occupancy. This is a single-suite tenancy within a multi-tenant building, providing a blend of independence and community. The property's location in a high-traffic area ensures excellent exposure to potential customers. This is a second-generation hair salon space, meaning existing salon infrastructure may be present, potentially reducing initial setup costs. The property's address is easily accessible and benefits from convenient access to major roadways. This presents a rare opportunity to establish or relocate a hair salon in a prime Richmond location. Serious inquiries are encouraged to explore this exceptional retail space.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 113,920 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

3101 Mechanicsville Tpke Richmond, VA 23223
Richmond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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