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    201 Washington Hwy Ashland, VA 23005

    For Lease
    $21 SF/Yr

    Move-in ready office suites in prime Ashland location.

    Lot size:
    19,494 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional office property, located at 201 N Washington Hwy in Ashland, Virginia (zip code 23005), offers a total of 19,494 square feet of traditional office space. Currently, 3,418 square feet is immediately available for lease, with a minimum leasable space of 1,151 square feet. The building is situated in the desirable Ashland submarket of Hanover County. This presents a fantastic opportunity for businesses seeking flexible and modern office accommodations. The property's convenient location provides easy access to local amenities and transportation networks, making it an ideal choice for companies of various sizes. The "move-in ready" condition ensures a seamless transition for new tenants, minimizing downtime and maximizing productivity. The building's traditional office layout offers a classic and professional atmosphere, suitable for a wide range of businesses. Interested parties are encouraged to inquire about lease terms and available space configurations. This is a rare opportunity to secure high-quality office space in a thriving community. The property is conveniently located in the Ashland submarket of Hanover County, Virginia.

    Property Features for 201 Washington Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,494 SF
    Total Rate
    34926.75

    Unit(s) available at that property

    Space
    Suite 201
    Size
    2,267 SF
    Rate per SF
    $21
    Space
    Suite 206
    Size
    1,151 SF
    Rate per SF
    $21

    HighLights

    • Suite 201: 2,267 SF move‑in ready office space, immediately available.
    • Suite 206: 1,151 SF move‑in ready office space, immediately available.
    • Three‑story office building in downtown Ashland.
    • Ample parking; 0.5 miles to interstate access.
    • Strong tenant mix including Primis Bank, H&R Block, and Edward Jones.
    • Excellent location near restaurants, grocery stores, and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Slow Paths Wellness Acupuncture Clinic A16 Coding Training ... Adult Education School Dr. Donald T. ... Internist Commonwealth Clinical Services, ... Psychologist Ashland Internal Medicine Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -77.4706669038
    Latitude
    37.760034104128

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    FAQs

    What type of property is this?
    Office Property / Space - Move-in ready office suites in prime Ashland location.
    Where is this office property / space located?
    The property is located at 201 Washington Hwy Ashland, VA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Suite 201: 2,267 SF move-in ready office space, immediately available.; Suite 206: 1,151 SF move-in ready office space, immediately available.; Three-story office building in downtown Ashland.
    Request Owner's contact information
    201 Washington Hwy 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
    201 Washington Hwy Ashland, VA 23005
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