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Property profile & analytics
FOR SALE
Commercial real estate
7039 Mechanicsville Tpke Mechanicsville, VA 23111
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US87-3905921
For Sale
1 / 6
$6,311,111
7039 Mechanicsville Tpke, Mechanicsville, VA 23111
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Total area
14,470 SF
Lot
1.41 ac (61,550 SF)
Zoning code
B-3
APN
8714-98-2353
UPID
US87-3905921
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy
-
Walgreens Pharmacy Pharmacy
-
Bitcoin Depot | BDCheckout Atm
-
Macshelle Hays Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.41M
Owner & transaction history
Pinak A Mehta LLC · 11 yrs held
Pinak A Mehta LLC
since 2014
4 recorded transactions
Zoning & alternative use
B-3 · Mechanicsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mechanicsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mechanicsville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,115,000
6.5%
$1,955,000
7%
$1,815,000
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$26,046
Tax year 2024
Assessed value
$3,215,500
Assessed 2024
Previous assessed
$3,215,500
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$1,154,100
Assessed improvement
$2,061,400
Land market value
$1,154,100
Improvement market value
$2,061,400
Total market value
$3,215,500
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2011
Heating
NONE
Cooling
YES
Total area
14,470 SF
Lot
1.41 ac (61,550 SF)
Zoning code
B-3
APN
8714-98-2353
UPID
US87-3905921
Jurisdiction
HANOVER
Zoning & alternative use
B-3 · Mechanicsville, VA
Zoning B-3 · permitted uses
B-3 · Mechanicsville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mechanicsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Cooling
Yes
Lot
1.41 ac
Current owner
From public records · entity-resolved
Pinak A Mehta LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2014
$10,500,000
Pinak A Mehta LLC
Mechanicsville Tpk Realty LLC
Grant Deed
$6,500,000 · Franklin Fsb
Oct 7, 2010
—
Mechanicsville Tpk Realty LLC
Smo INC
Quit Claim Deed
$6,000,000 · Franklin Fsb
Oct 7, 2010
$1,300,000
Mechanicsville Tpk Realty LLC
Smo INC
Grant Deed
—
Aug 24, 2004
$790,699
Smo INC
Motiva Enterprises LLC
Grant Deed
$1,545,000 · Mercantile Virginia Company
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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