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7020 Cold Harbor Rd 3,200 SF Office Building Mechanicsville, VA 23111 $970,000 ($303.13/SF)



Investment Highlights
- Prominent corner location at Cold Harbor Road and Lee Davis Road.
- Approximately 35 on-site parking spaces for employees and visitors.
- Monument signage opportunities enhance business presence.
- Recently updated with fresh paint, newer roof, and upgraded HVAC systems.
- Excellent visibility with exposure to substantial daily traffic counts.
- Freestanding building suitable for a variety of professional uses.
Executive Summary
7020 Cold Harbor Road presents an opportunity to acquire a freestanding office property positioned at the signalized intersection of Cold Harbor Road and Lee Davis Road in Mechanicsville, one of Hanover County's established commercial corridors. The property benefits from significant visibility, convenient access, and consistent daily traffic exposure, supporting a wide range of professional office, medical, or owner-user applications.
Recent capital improvements contribute to the property's functionality and long-term ownership appeal. According to ownership information, the building has been recently renovated with fresh paint, a newer roof, and updated HVAC components, reducing immediate maintenance requirements while enhancing the property's overall presentation. The site also features approximately 35 parking spaces, providing convenient parking for employees, clients, and visitors.
The property's corner positioning offers strong signage opportunities and visibility from multiple directions. Mechanicsville continues to benefit from its proximity to Richmond while maintaining access to major transportation routes throughout Hanover County. Nearby retail, medical, and service-oriented businesses contribute to established commercial activity in the surrounding area, supporting both owner-occupiers and investors seeking a well-located asset.
With a combination of recent upgrades, substantial parking capacity, prominent frontage, and location within a heavily traveled corridor, 7020 Cold Harbor Road offers a practical opportunity for businesses seeking ownership in a mature and accessible commercial market.
Recent capital improvements contribute to the property's functionality and long-term ownership appeal. According to ownership information, the building has been recently renovated with fresh paint, a newer roof, and updated HVAC components, reducing immediate maintenance requirements while enhancing the property's overall presentation. The site also features approximately 35 parking spaces, providing convenient parking for employees, clients, and visitors.
The property's corner positioning offers strong signage opportunities and visibility from multiple directions. Mechanicsville continues to benefit from its proximity to Richmond while maintaining access to major transportation routes throughout Hanover County. Nearby retail, medical, and service-oriented businesses contribute to established commercial activity in the surrounding area, supporting both owner-occupiers and investors seeking a well-located asset.
With a combination of recent upgrades, substantial parking capacity, prominent frontage, and location within a heavily traveled corridor, 7020 Cold Harbor Road offers a practical opportunity for businesses seeking ownership in a mature and accessible commercial market.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
3,200 SF
Building Class
B
Year Built
1998
Price
$970,000
Price Per SF
$303.13
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.06
Lot Size
1.20 AC
Zoning
BO - Zoned B-O is located on a very visible corner, with high traffic activity. Large parking, signage area, and AC updated 2021, 2023.
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 8724-14-2724 | Improvements Assessment | $382,900 |
| Land Assessment | $228,300 | Total Assessment | $611,200 |
Property Taxes
Parcel Number
8724-14-2724
Land Assessment
$228,300
Improvements Assessment
$382,900
Total Assessment
$611,200
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7020 Cold Harbor Rd
