Financial
Distress signals
Property profile

2602 Mechanicsville Tpke Richmond, VA 23223

OFF-MARKET
Automotive properties
Property ID
US87-0703792
10,411 SF 1.35 ac lot Built 1960
Last sale Aug 2021 · $1,575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$706k
Assessed land$185k
Assessed improvement$521k
Effective rate0.83%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
AI approach$1.33M
Sales comparison$1.25M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
Submarket average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$90 – $342

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The Intent and Purpose of this zone is focus on General Business District
General categoryCOMMERCIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.7
Restaurant33.0
Law Firm29.3

Location

2602 Mechanicsville Tpke Richmond, VA 23223-1821
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2117 Venable, Richmond, VA 23223-6354 $2,150,000 Jun 2025 2,044 SF
2115 12th Venable, Richmond, VA 23223-6354 $2,150,000 Jun 2025 1,590 SF
2410 Mechanicsville, Richmond, VA 23223 $725,000 Apr 2025 4,569 SF
1800 30th, Richmond, VA 23223-5300 $410,618 Mar 2025 4,640 SF
6105 9th Mile, Richmond, VA 23223-3538 $250,000 Aug 2024 2,048 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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