I-95 & Lewistown Rd Ashland, VA 23005
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 I-95 & Lewistown Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Ashland, Virginia. Strategically located at the intersection of I-95 and Lewistown Road, this M-2 zoned property boasts unparalleled visibility and direct access to I-95 at Exit 89, and is just 3 miles north of I-295, ensuring convenient access to major transportation arteries. The property's prime location is further enhanced by its proximity to significant developments, including the Amazon Distribution Center, Northlake Business Park, Lakeridge Business Park, and the Hanover Industrial Air Park, which is slated for a new airport terminal. A planned $25,000,000 Bon Secours Ashland Emergency Center will be directly adjacent, further increasing the property's value and desirability. The area also benefits from established retail presence, with nearby businesses including Bass Pro Shops, Boot Barn, Dunkin', Starbucks, and Hobby Lobby. Across the road lies Winding Brook, a 185-acre mixed-use development featuring retail, restaurants, hospitality, 85 new townhomes, an 8,000 square foot office/medical building, and a planned hotel. This property offers exceptional potential for a wide range of commercial uses, capitalizing on its high visibility, convenient location, and proximity to thriving businesses and residential communities. The asking price is $4,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Hanover
- State
- Virginia
- Longitude
- -77.4532
- Latitude
- 37.7228
