Technical
Financial
Distress signals
Property profile

10376 Chamberlayne Rd Mechanicsville, VA 23116

OFF-MARKET
Warehouses
Property ID
US87-0312615
1,500 SF 20.07 ac lot Built 2022
Entity Owned 2-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents four remaining 1,500-square-foot warehouse condos in the highly sought-after Pine Ridge Park II development in Mechanicsville, Virginia. Each unit boasts a 10x12 garage door, 200 AMP service, and features including a bathroom, three outlets, four standard LED lights, industrial-grade doors, sheetrock on demising and bathroom walls, and standard concrete flooring. Note that HVAC units are not included; buyers are responsible for installation. The building, completed in 2022, is situated on a 20.07-acre lot and benefits from B-3 zoning, allowing for a variety of commercial uses. Conveniently located near I-295 and I-95, providing easy access to Richmond and Ashland. The property is part of an eight-building complex, offering a strong sense of community. A $200 monthly common area maintenance fee covers well & septic, exterior upkeep, community association dues, trash/dumpster service, and parking lot maintenance. Ceiling heights range from 18 feet at the front to 15 feet at the back. Each unit is priced at $295,000, resulting in a price per square foot of $196.67. Don't miss this chance to own a piece of Mechanicsville's thriving commercial landscape. Act quickly, as only four units remain!

Property profile

Verified
Property type Warehouses
Year built 2022
Total area 1,500 SF
Lot 20.07 ac (874,249 SF)
UPID US87-0312615

Cap rate & NOI

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

Location

10376 Chamberlayne Rd Mechanicsville, VA 23116
Mechanicsville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
$1.3M
2023
Price N/A
2022
$425,000
2022
Price N/A
2021
Price N/A
2021
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10376 Chamberlayne Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message