Mechanicsville, VA
Commercial Real Estate Market Trends & Data

$225 Avg asking sale price
$16 Avg asking lease rate
29,210 SF Avg unit lease size
10,798 SF Avg building size for sale
7.13% Average cap rate

Mechanicsville's Demographic Profile

Mechanicsville has 15,904 households and a median income of $87,934, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 40,718
# Households 15,904
Median age 43
Median household income $87,934
Avg household size 3.0
Renter-occupied housing units 3,609
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Mechanicsville, VA

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Nearby Retail Markets Avg Cost/SF Typical Size
Mechanicsville $224 16,342 SF
Highland Springs $271 37,022 SF
Sandston $208 42,427 SF
Quinton $128 4,306 SF
Lakeside $491 2,839 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Richmond $269 13,340 SF 6.98%
Chester $256 2,500 SF 5.61%

Commercial Properties For Sale in Mechanicsville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7010 Calmar Dr

Mechanicsville, VA 23111

  • 8,944 SF Industrial Building
  • $1,500,000
For Sale

Walgreens

Mechanicsville, VA 23111

  • 14,470 SF Retail Building
  • 9.00% Cap Rate
  • $6,311,111
For Sale

Atlee Square Shopping Center

Mechanicsville, VA 23116

  • 43,015 SF Retail Building
  • 7.50% Cap Rate
  • $5,650,000
For Sale

9385 Atlee Rd

Mechanicsville, VA 23116

  • 3,326 SF Retail Building
  • 6.19% Cap Rate
  • $1,810,000
For Sale

B3 Land with Residential or Business Income

Mechanicsville, VA 23111

  • 5,293 SF Multifamily
  • $629,999
For Sale

Youngblood & Tyler Building

Mechanicsville, VA 23111

  • 9,816 SF Office Building
  • $775,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Mechanicsville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Mechanicsville $225 10,798 SF
Highland Springs $497 30,126 SF
Sandston $210 36,631 SF

Regional Demographic Comparison

This comparison places Mechanicsville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Mechanicsville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Mechanicsville 40,718 15,904 43 $87,934 3 3,609 6%
Highland Springs 16,103 6,293 38 $55,120 3 2,733 -1%
Sandston 7,444 3,125 39 $60,739 2 1,453 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Mechanicsville, VA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Mechanicsville

View All Commercial Real Estate For Sale in Mechanicsville
Is Mechanicsville a good market for a first-time commercial real estate investor?

Mechanicsville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Mechanicsville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Mechanicsville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Mechanicsville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Mechanicsville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Mechanicsville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Mechanicsville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Mechanicsville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Mechanicsville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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