Coldfusion2018: How to setup mapping correctly?

These are the steps I use:

1) I created new mapping inside CF Server => Server Settings => Mapping

logical path: /mysite

directory path: /Volumes/drive2/work/mysite

2) I restarted the server

/Applications/ColdFusion2018/cfusion/bin/coldfusion stop && /Applications/ColdFusion2018/cfusion/bin/coldfusion start

3) Using my preferred text editor, I created test.cfm inside /Volumes/drive2/work/mysite with the following contents

<cfdump var="#CGI#">

4) I then tried viewing the new file on my browser via

localhost:8500/mysite/test.cfm

I then get a 404 error. Exact message goes like "coldfusion.runtime.TemplateNotFoundException: File not found: /mysite/test.cfm"

I checked these 2 things:

1. I verified that /Volumes/drive2/work/mysite  is readable by everyone (755 permission)
2. I verified that /Volumes/drive2/work/mysite/test.cfm  is readable by everyone (644 permission)

Other than creating the mapping, the other configurations I've changed are:

1. Created datasource for my app
2. Enabled debugging/logging but only after I got the first 404 error

Any ideas what I could be doing wrong? or perhaps other settings I should've set? I've added a screenshot of the mappings section below.

Thanks!