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Industrial Build-to-Suit Land Site
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12021 Washington Highway, Ashland, VA 23005

Industrial land with US-1 frontage and M-2 zoning, offering build-to-suit development options in Ashland’s logistics corridor.

Space SizeContact for details
Lot Size5.00 Acres
Days on Market57

Property Features for 12021 Washington Highway

General Information

Standard status Active
Lot size 5.00 Acres
Property subtype Land
Zoning M-2 (Light Industrial Dist.)

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: MacKenzie Commercial Real Estate | Charlottesville
Listed By: Brian Thomas
Source: Mackenziecommercial
Added: Jun 28 Changed: Aug 17 Last Checked: Aug 23 at 2:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MacKenzie Commercial Real Estate | Charlottesville

Investment Insights

Based on property information with market context.

12021 Washington Highway is an industrial land site offering a build-to-suit opportunity on approximately 8.323 acres. The property provides up to about 32,000 square feet of potential development on roughly 5 developable acres. The site is positioned to support industrial development with frontage on US-1 and is located adjacent to North Richmond Industrial Park.

The property sits within Virginia’s supply chain corridor, with access to major logistics infrastructure including I-95 and I-295. Rail freight service is available via CSX and Norfolk Southern, and the Port of Virginia is identified as a key nearby logistics resource. The listing also notes the property is within a Foreign Trade Zone (FTZ).

Zoned M-2, the site is described as suitable for a wide range of industrial uses, making it well-suited for operators seeking a specifically designed facility. With US-1 frontage and the stated access to interstate and rail freight options, the property’s configuration is tailored for industrial tenants and developers planning new construction within the industrial park setting.

Key Highlights

  • 8.323‑acre industrial build‑to‑suit site in Ashland, VA with frontage on US‑1
  • Up to 32,000 SF ± of potential development on 5 developable acres ±
  • M‑2 zoning allows a wide range of industrial uses

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Hair Salon Pet Grooming Service Tanning Salon Skin Care Clinic Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 23005, VA

17,818
Population
7,639
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
93%
High-School Grad
69.3 sq mi
ZIP Area
257
Density / Sq Mi
$90,049
Median Household Income
$43,623
Median Earnings
$1,236
Median Rent
$376,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with US-1 frontage and M-2 zoning, offering build-to-suit development options in Ashland’s logistics corridor.
Where is this industrial land located?
The property is located at 12021 Washington Highway Ashland, VA.
What are key features of this property?
This property features: 8.323‑acre industrial build‑to‑suit site in Ashland, VA with frontage on US‑1; Up to 32,000 SF ± of potential development on 5 developable acres ±; M‑2 zoning allows a wide range of industrial uses
More about this property
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