0 Lewistown Rd & Lakeridge Pkwy Ashland, VA 23005
This exceptional 2.02-acre commercial land parcel presents a unique investment opportunity within the thriving Winding Brook mixed-use development in Ashland, Virginia. Located in Hanover County at the intersection of Lewistown Road and Lakeridge Parkway, this B-3 zoned lot offers unparalleled access to high traffic volumes. Lewistown Road boasts 14,000 vehicles per day, while Lakeridge Parkway sees 11,000, and nearby I-95 carries 134,000 vehicles daily. The property benefits from existing utilities and is situated within a vibrant 185-acre development featuring a diverse mix of retail, restaurants, entertainment, hospitality, and residential components (including 85 townhomes). This strategic location places the property just three miles north of I-295, ensuring excellent regional accessibility. Established co-tenants include prominent national brands such as Hobby Lobby, Boot Barn, Starbucks, Bass Pro Shops, and numerous restaurants and hotels, creating a strong and established commercial environment. This parcel is ideal for a variety of commercial uses, offering significant potential for growth and return on investment.
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
Similar Nearby for Sale
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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.