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8510 Bell Creek Rd 6,000 SF 100% Leased Office Building Mechanicsville, VA 23116 $1,930,502 CAD ($321.75 CAD/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Investment property with 7% cap rate and medical-ready layout
- Dual-level kitchens and restrooms, including shower-equipped facility
- Located near I-295 and Pole Green Road for strong regional access
- Zoned M-1 with potential for light industrial or office use
- 2.36-acre site with 37 ± parking spaces and expansion potential
EXECUTIVE SUMMARY
Positioned in the heart of Mechanicsville’s Bell Creek Park, 8510 Bell Creek Road offers a compelling investment opportunity with a 7% cap rate and a versatile layout ideal for office or medical use. This ±6,000 SF two-story brick building sits on a generous 2.36-acre parcel, providing ample parking with approximately 37 spaces and dual-level access. Zoned M-1, the property supports a range of professional and light industrial uses, making it attractive for owner-users or investors seeking stable returns.
The interior layout is thoughtfully designed for medical conversion, featuring multiple exam rooms, consulting offices, nurses’ stations, and both upstairs and downstairs kitchens. Four restrooms, including one with a shower, enhance functionality for healthcare or wellness operations. The first floor includes a waiting room, IT room, and utility spaces, while the second floor offers conference rooms, storage, and additional exam rooms. The building’s infrastructure supports future expansion, and the site benefits from existing utility easements and minimal flood risk (Zone X per FEMA).
Strategically located near I-295 and Pole Green Road, the property enjoys excellent regional connectivity and proximity to Richmond’s urban core. The surrounding area includes residential neighborhoods, retail corridors, and healthcare providers, reinforcing its suitability for medical tenancy or professional services.
The interior layout is thoughtfully designed for medical conversion, featuring multiple exam rooms, consulting offices, nurses’ stations, and both upstairs and downstairs kitchens. Four restrooms, including one with a shower, enhance functionality for healthcare or wellness operations. The first floor includes a waiting room, IT room, and utility spaces, while the second floor offers conference rooms, storage, and additional exam rooms. The building’s infrastructure supports future expansion, and the site benefits from existing utility easements and minimal flood risk (Zone X per FEMA).
Strategically located near I-295 and Pole Green Road, the property enjoys excellent regional connectivity and proximity to Richmond’s urban core. The surrounding area includes residential neighborhoods, retail corridors, and healthcare providers, reinforcing its suitability for medical tenancy or professional services.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,000 SF
Building Class
B
Year Built
1990
Price
$1,930,502 CAD
Price Per SF
$321.75 CAD
Cap Rate
7%
NOI
$135,135 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.06
Lot Size
2.36 AC
Zoning
M-1
Parking
37 Spaces (6.17 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 8715-58-3445 | Improvements Assessment | $1,192,254 CAD |
| Land Assessment | $545,070 CAD | Total Assessment | $1,737,325 CAD |
PROPERTY TAXES
Parcel Number
8715-58-3445
Land Assessment
$545,070 CAD
Improvements Assessment
$1,192,254 CAD
Total Assessment
$1,737,325 CAD
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8510 Bell Creek Rd
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