0 Baldrige Ave Ashland, VA 23005
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.