0 Lewistown Rd & Lakeridge Pkwy Ashland, VA 23005
This exceptional retail opportunity in Ashland, VA, presents 106,000 square feet of vacant space within the thriving Winding Brook Development. Situated on a 2.02-acre lot at the intersection of Lewistown Road and Lakeridge Parkway, this property offers unparalleled visibility and accessibility. The minimum divisible space is 3,000 square feet, with a maximum contiguous space of 100,000 square feet, providing flexibility for various retail concepts. The development boasts a strong tenant mix, including nationally recognized brands such as Hobby Lobby, Bass Pro Shops, Starbucks, and numerous restaurants and hotels. This prime location benefits from easy access to I-95 and is only three miles north of I-295, ensuring high traffic volume and convenient access for customers. The property is categorized as retail and land, offering a unique opportunity for businesses seeking high-visibility locations in a rapidly growing area. The property is located in Hanover County, Virginia, zip code 23005. This is an exceptional opportunity to establish a presence within a vibrant and successful mixed-use development. The surrounding area includes a diverse range of businesses and amenities, creating a strong and supportive commercial environment. This property is ideal for businesses seeking high visibility, convenient access, and a strong tenant base.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.