0 Lakeridge Pkwy And Lewistown Rd Ashland, VA 23005
This 1.362-acre commercial lot presents a unique investment opportunity in the thriving Winding Brook development in Ashland, Virginia. Located at the intersection of Lakeridge Parkway and Lewistown Road, this B-3 zoned parcel boasts exceptional visibility and accessibility. The site benefits from existing utilities and is situated within a dynamic mixed-use development encompassing retail, restaurants, entertainment, hospitality, and residential components (including 85 townhomes). Winding Brook enjoys a strategic location in Hanover County, conveniently positioned along I-95 (134,000 vehicles per day) and just three miles north of I-295. The property benefits from high traffic counts on Lakeridge Parkway (2,600 VPD) and Lewistown Road (14,000 VPD). This vibrant community already features a diverse range of established businesses including Hobby Lobby, Boot Barn, Bass Pro Shops, Starbucks, several restaurants, hotels (Country Inn & Suites, Fairfield Inn & Suites), and more. Future additions include Royal Farms and a Bon Secours Urgent Care center, further enhancing the area's appeal and potential for growth. This exceptional location offers unparalleled exposure and access to a substantial consumer base, making it an ideal site for a variety of commercial ventures. The property's 1.362-acre size provides ample space for development, ensuring flexibility and potential for significant return on investment. This is a rare opportunity to secure a prime commercial lot in a rapidly expanding and highly desirable area.
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.