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    Baldrige Ave Ashland, VA 23005

    Sponsored
    For Sale
    $375,000

    Prime Commercial Land in Cartwright Park

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity within the burgeoning Cartwright Business & Technology Park in Ashland, Virginia. Located in Hanover County, zip code 23005, this property boasts convenient access to Columbia Regional Airport, experiencing significant recent growth. The lot size ranges from 1 to 50 acres, with prices varying from $100,000 to $250,000 per acre depending on size and location. The park itself is a master-planned, mixed-use development featuring over 400 acres, a 20-acre lake, and walking trails. The API zoning permits a variety of uses, including office, retail, and industrial development. The property benefits from existing infrastructure and utility capacity to support large-scale occupancies. Situated along Highway 63, this location offers excellent visibility and accessibility. The seller is open to selling individual lots or pursuing build-to-suit options, subject to park covenants and approval of development plans. This presents a rare chance to acquire land in a thriving business park with significant growth potential, adjacent to a rapidly expanding airport. The asking price for this specific parcel is $375,000.

    Property Features for 0 Baldrige Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Located in Cartwright Business & Technology Park, Ashland, VA (23005), adjacent to Columbia Regional Airport and Highway 63.
    • Master‑planned, mixed‑use development with infrastructure supporting large‑scale occupancies; 400+ acres, 20‑acre lake, walking trails.
    • Lots available for office, retail, or industrial uses; sizes from 1 to 50 acres.
    • Pricing: $100,000-$250,000 per acre, depending on size and location; $375,000 asking price for this specific parcel.
    • Highway 63 frontage provides excellent visibility and accessibility.
    • Columbia Regional Airport proximity; significant recent growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ashland
    County
    Hanover
    State
    Virginia
    Longitude
    -77.4931403
    Latitude
    37.7538236

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land in Cartwright Park
    Where is this land located?
    The property is located at Baldrige Ave Ashland, VA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Located in Cartwright Business & Technology Park, Ashland, VA (23005), adjacent to Columbia Regional Airport and Highway 63.; Master-planned, mixed-use development with infrastructure supporting large-scale occupancies; 400+ acres, 20-acre lake, walking trails.; Lots available for office, retail, or industrial uses; sizes from 1 to 50 acres.
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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
    Baldrige Ave Ashland, VA 23005
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