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    Jamestown Rd Ashland, VA 23005

    Sponsored
    For Sale
    $3,575,000

    47.25 Acres, Prime Hanover County Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 47.25-acre parcel presents a remarkable development opportunity in a highly sought-after area of Hanover County, Virginia. Located just three miles from the vibrant Town of Ashland, this property boasts an enviable location offering unparalleled convenience and accessibility. The site is ideally situated within a rapidly growing region, benefiting from the increasing popularity of Northern and Northwestern Hanover County. The strong demand for new homes in this area, coupled with the presence of excellent schools, ensures a swift and profitable return on investment for developers. This expansive tract of land provides the perfect setting for a variety of residential projects, catering to the needs of a diverse market. Whether you envision constructing a collection of townhouses, single-family homes, or a mixed-use development, this location offers significant potential for success. The property's size also allows for ample space for landscaping, recreational amenities, or other desirable features that will enhance the appeal of the development. Its secluded yet convenient location provides residents with both privacy and easy access to local amenities, major roadways, and employment centers. This is a rare opportunity to capitalize on the thriving real estate market in a prime location. Detailed information and brochures are available upon request. Don't miss this chance to acquire a highly desirable and lucrative development site.

    Property Features for Jamestown Rd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,058,210 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail residential properties

    Map

    City
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.46677
    Latitude
    37.77572

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    FAQs

    What type of property is this?
    Mixed-use property - 47.25 Acres, Prime Hanover County Location
    Where is this mixed-use property located?
    The property is located at Jamestown Rd Ashland, VA.
    What is the asking price?
    The asking price for this property is $3,575,000.
    (804) 270-9440
    Request Owner's contact information
    Jamestown Rd Ashland, VA 23005
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    Ashland, VA 23005
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    Realmo Value Estimation

    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.

    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.

    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
    Jamestown Rd Ashland, VA 23005
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