Midtown Park$27.98 – $34.07/SF/yr FS
3498 S 12th St
11,600 SF of Office space available at 3498 S 12th St, Mechanicsville, VA 23111. For Lease through Northgate Commercial.
For LeaseStatus
11,600 SFAvailable
$27.19/SFAsking rent
1973Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 170,000 SF |
| Available | 11,600 SF |
| Stories | 5 |
| Year built | 1973 |
| Typical floor | 34,000 SF |
| Lot size | 0.39 acres |
| Parking ratio | 2.6/1,000 SF |
| Occupancy | 93.2% |
| Zoning | CS |
| Parcel ID | 14-579-1761 |
| Submarket | Mechanicsville |
| Market | Richmond |
| Days on market | 115 |
| Walk Score | 60 |
| Transit | Light rail 5 min |
| Listing package | Basic |
Building amenities
EV Charging, Signage, Bike Storage, LEED Gold
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 5th | Office | Sublet | 11,600 | $28.35/SF | Thru Sep 2032 | Vacant |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Lumen Biosciences | Government | 5 | 34,370 | 2022-02-01 |
| Federal Contracting Associates | Logistics | 3 | 22,190 | 2031-12-01 |
| Brightwater Law LLP | Legal | 3 | 39,530 | 2021-06-01 |
| Federal Contracting Associates | Healthcare | 1 | 23,800 | 2029-02-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2021-06-02 | $27.65M | $162.65 | 8.94% | Everline Real Estate | Vantage Point Capital |
Public record
| Owner of record | Greystone Holdings |
|---|---|
| Assessed value | $27.5M |
| Land value | $7.33M |
| Improvement value | $20.16M |
| Annual tax | $633K |
| Tax year | 2026 |
| Lot size | 16,988 SF |
| Last deed | 2024-06-05 |
| Deed type | Warranty Deed |
| Legal description | LOT 34 BLK 754 MECHANICSVILLE ADDN |
Location
3498 S 12th St
Mechanicsville, VA 23111
Mechanicsville submarket · Richmond market
37.57500, -77.39066
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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