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    331 Hill Carter Pkwy Ashland, VA 23005

    Sponsored
    For Lease
    Contact for pricing

    Prime 4-acre Hanover County industrial site. Build-to-suit or purchase.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4-acre industrial property, located at 331 S Hill Carter Pkwy in Ashland, Virginia (zip code 23005), presents a unique opportunity for businesses seeking a manufacturing or industrial space. The site is zoned M-1 and offers the flexibility of a build-to-suit option or the purchase of the existing land. The property encompasses a total of 40,000 square feet of vacant land, ready for immediate development. With an 18-foot ceiling height, the potential building offers ample vertical space for various industrial applications. The single-tenant configuration provides privacy and control. Located in Hanover County, this site benefits from convenient access to major transportation routes, making it an ideal location for distribution and logistics operations. The property's size and zoning make it suitable for a wide range of industrial uses, from light manufacturing to warehousing. This is a rare opportunity to acquire a substantial industrial site in a desirable location, offering significant potential for growth and expansion. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Property Features for 331 Hill Carter Pkwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    40,000 SF

    HighLights

    • 4‑acre industrial land parcel in Ashland, VA (23005), zoned M‑1, suitable for build‑to‑suit or land purchase.
    • 40,000 square feet of vacant land ready for immediate development.
    • Office/warehouse configuration to be determined.
    • Loading docks available.
    • Minimum 24' ceiling height.
    • Convenient access to I‑95, near Ashland, with potential for outside storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.465887698851
    Latitude
    37.746334029209

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    FAQs

    What type of property is this?
    Manufacturing property - Prime 4-acre Hanover County industrial site. Build-to-suit or purchase.
    Where is this manufacturing property located?
    The property is located at 331 Hill Carter Pkwy Ashland, VA.
    What are key features of this property?
    This property features: 4-acre industrial land parcel in Ashland, VA (23005), zoned M-1, suitable for build-to-suit or land purchase.; 40,000 square feet of vacant land ready for immediate development.; Office/warehouse configuration to be determined.
    Request Owner's contact information
    331 Hill Carter Pkwy 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
    331 Hill Carter Pkwy Ashland, VA 23005
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