Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Old Telegraph Rd Ashland, VA 23005

    Sponsored
    For Sale
    $269,900

    LAND - Ashland, VA

    Lot size:
    4.33 Acres
    Days on Market:
    36
    Last Refresh:
    Jan 29 at 6:06 pm

    Property Features for Old Telegraph Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    7788-40-1355
    Lot size
    4.33 Acres

    Utilities

    Water source
    Well Needed

    Building Details

    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Deanne Butler

    Hometown Realty Services (804) 249-6711

    Listing agent Deanne Butler (804) 730-7195 License #0225249638

    Listing date Dec 25, 2025

    MLS# 2524968 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Buildable Land with Barn

    This 4.33-acre parcel of land offers a blend of open pasture and cleared areas, presenting a buildable space without HOA restrictions. The property includes a three-stall barn suitable for horses, hobby farming, or storage. Situated next to a 5+ acre parcel with a home, the location offers a rural setting. Located off Route 1 North in Ashland, VA, the land is zoned A-1, accommodating residential and agricultural uses. An old well is present on the property, though it is not currently in working order. This property is suited for a custom home, mini-farm, or private retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.458798
    Latitude
    37.700717

    Nearby Similar for Sale

    • $1,649,000
      23.31 Acres

      Equestrian Farm on 23 Acres

      Private 23-acre equestrian farm with luxury home near town.
      14150 Bear Slash Trl, Ashland, VA 23005
      View Details
    • $675,000
      Pending

      Ashland Flex Space Opportunity

      Two acres in Ashland, VA, with approved flex space plans.
      9646 Sliding Hill Rd, Ashland, VA 23005
      View Details
    • Contact for pricing
      34,800 SF

      Warehouse with Fenced Outdoor Storage

      34,800 SF warehouse with fenced outdoor storage and I-95 access.
      12195 Harley Club Dr, Ashland, VA 23005
      View Details
    • $608,000

      Ashland Specialty Property For Sale

      Specialty property available in Ashland, Virginia for $608,000.
      10439 Ashcake Rd, Ashland, VA 23005
      View Details
    • $345,000

      Specialty Property For Sale

      Specialty property available for purchase in Ashland, Virginia.
      6 Courtside Ln, Ashland, VA 23005
      View Details
    • $2,950,000
      40,000 SF

      Ashland Industrial Property For Sale

      40,000 SF industrial property in Ashland, Virginia.
      10991 Richardson Rd, Ashland, VA 23005
      View Details
    • Contact for pricing
      5,612 SF

      Retail Property Near I-95

      Retail property in a growing area off I-95.
      805 England St, Ashland, VA 23005
      View Details
    • $3,575,000
      47.25 Acres

      Ashland Townhouse Development Opportunity

      47.25 Acres, Prime Hanover County Location
      Jamestown Rd, Ashland, VA 23005
      View Details
    • $750,000
      27.02 Acres

      Ashland Commercial Land Opportunity

      27 Acres, High-Visibility Location
      Sliding Hill Rd, Ashland, VA 23005
      View Details

    FAQs

    What type of property is this?
    Land - 4.33 acres of flat, buildable land with barn.
    Where is this land located?
    The property is located at Old Telegraph Rd Ashland, VA.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - 4.33 acres of flat, buildable land with no HOA; - Zoned A-1, offering flexibility for residential and agricultural use; - Includes a three-stall barn suitable for horses, hobby farming, or storage
    (804) 690-5048
    Request Owner's contact information
    Old Telegraph Rd Ashland, VA 23005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Old Telegraph Rd
    Ashland, VA 23005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Telegraph Rd Ashland, VA 23005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Deanne Butler
    Real Estate License ID: 0225249638
    (804) 690-5048
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.