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    331 Hill Carter Pkwy Ashland, VA 23005

    For Sale
    $250,000

    1-4 acre industrial pads, M-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Ashland, Virginia industrial property, located at 331 S Hill Carter Pkwy, offers three available 1-4 acre pads ideal for development. Situated in Hanover County (zip code 23005), this M-1 zoned land boasts a prime location between Ashcake Road and England Street (Route 54), providing easy access to major transportation arteries including I-95 and Route 1. The property's strategic position places it in close proximity to the Hanover Industrial Airpark and Northlake Business Park, benefiting from the robust industrial activity in Ashland's thriving market. Each pad allows for the construction of approximately 7,500 square foot buildings, with the flexibility to incorporate office space, potentially configured as a two-story building or with a mezzanine. A significant advantage is the possibility of including a laydown yard with each pad, enhancing operational efficiency. The buildings will feature minimum 24-foot ceilings and ample parking is available. The asking price is $250,000 per acre. This presents a unique opportunity to acquire strategically located industrial land in a high-demand area.

    Property Features for 331 Hill Carter Pkwy

    General Information

    Property type
    Manufacturing properties
    Lot Size
    43,560 SF

    HighLights

    • Three 1‑4 acre industrial pads available for development, Ashland, VA.
    • Flexible office space design: two‑story or mezzanine options possible.
    • Laydown yard potential with each pad.
    • 24‑foot minimum ceiling heights.
    • Ample on‑site parking.
    Property Profile Insight Report 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
    -77.465887873917
    Latitude
    37.746342350071

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    FAQs

    What type of property is this?
    Manufacturing property - 1-4 acre industrial pads, M-1 zoning.
    Where is this manufacturing property located?
    The property is located at 331 Hill Carter Pkwy Ashland, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Three 1-4 acre industrial pads available for development, Ashland, VA.; Flexible office space design: two-story or mezzanine options possible.; Laydown yard potential with each pad.
    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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