Financial
Distress signals
Property profile

10370 Chamberlayne Rd Mechanicsville, VA 23116

FOR SALE
Commercial real estate
Property ID
US87-1563251
0.84 ac lot Built 1754
Last sale Dec 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 10370, 10375, and 10379 Chamberlayne Road in Mechanicsville, Virginia, presents a lucrative investment opportunity. Boasting a prime location with Chamberlayne Road/Route 301 frontage, this property offers unparalleled visibility and convenient access to Hanover Courthouse and the Rutland area, with Interstate 295 just four miles away. The 1.84-acre lot encompasses two separate buildings, ideal for a variety of retail or office uses. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$170k
Assessed land$170k
Effective rate0.81%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$776
Operating expenses−$11k
NOI · 4.84% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$265/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$171 – $383

Cap rate analysis

How does the asset earn?
4.84%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
The purpose of this district is to provide primarily for retail shopping and personal service uses, to be developed either as a unit or i...
General categoryCOMMERCIAL
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant11.5
Auto Repair Shop10.7
Building Supply10.5

Location

10370 Chamberlayne Rd Mechanicsville, VA 23116
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9495 Atlee, Mechanicsville, VA 23116-2561 $28,403,000 Oct 2025 No data
Cool Spg, Mechanicsville, VA 23116 $28,403,000 Oct 2025 No data
9135 Barricade, Mechanicsville, VA 23116-2001 $2,700,000 Jul 2025 12,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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