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    11048 Boxwood Farm Ln Ashland, VA 23005

    Sponsored
    For Sale
    Contact for pricing

    Prime Hanover County industrial land, build-to-suit opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 95.05-acre parcel presents a unique build-to-suit development opportunity in a highly desirable location within Hanover County, Virginia. Situated at 11048 Boxwood Farm Lane, Ashland, VA 23005, this property boasts convenient access to major transportation arteries, making it an ideal site for industrial or mixed-use development. The land is zoned M-2 and A-1, offering flexibility for a variety of projects. Its strategic location offers easy access to Interstate 95 via the Lewistown Road interchange, approximately 2.5 miles away, providing seamless connectivity to major markets. The property benefits from its proximity to significant population centers, including Washington, D.C., approximately 90 miles north, and the Hampton Roads region and the Port of Virginia, easily accessible via I-295/I-64 East. The high traffic volume on Washington Highway, with 15,000 vehicles per day, further enhances the property's commercial viability. This location is highly sought after, situated across from Northlake and near Lakeridge Parkway in Richmond's Hanover County, offering excellent visibility and accessibility. This is a rare opportunity to acquire a substantial tract of land in a prime location with exceptional potential for significant return on investment.

    Property Features for 11048 Boxwood Farm Ln

    General Information

    Property type
    Land
    Lot Size
    4,140,378 SF

    HighLights

    • Convenient I‑95 access (approx. 2.5 miles to I‑95/Lewistown Rd. interchange).
    • Prime East Coast location, ~90 miles from Washington, D.C., and near Hampton Roads/Port of Virginia via I‑295/I‑64.
    • A‑1/M‑2 zoning.
    • High traffic counts: 15,000 VPD on Washington Hwy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Clothing Store Hotel & Motel Auto Parts Store Department Store HVAC Service Kitchen & Bath Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.477569
    Latitude
    37.7232294

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    FAQs

    What type of property is this?
    Land - Prime Hanover County industrial land, build-to-suit opportunity.
    Where is this land located?
    The property is located at 11048 Boxwood Farm Ln Ashland, VA.
    What are key features of this property?
    This property features: Convenient I-95 access (approx. 2.5 miles to I-95/Lewistown Rd. interchange).; Prime East Coast location, ~90 miles from Washington, D.C., and near Hampton Roads/Port of Virginia via I-295/I-64.; A-1/M-2 zoning.
    Request Owner's contact information
    11048 Boxwood Farm Ln 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
    11048 Boxwood Farm Ln Ashland, VA 23005
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