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Property profile & analytics
OFF-MARKET
Land

0 Lewistown Rd & Lakeridge Pkwy Ashland, VA 23005

2.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.02-acre commercial land parcel presents a unique investment opportunity in the thriving Winding Brook development in Ashland, Virginia. Situated at the intersection of Lewistown Road and Lakeridge Parkway, this single-tenant lot benefits from its strategic location within a vibrant mixed-use community. The Winding Brook development boasts a diverse range of established businesses, including Bass Pro Shops, Islamorada Fish Company Restaurant, Country Inn & Suites, Fairfield Inn & Suites, Wendy's, Bojangles, Subway, Dunkin' Donuts, Green Top Indoor Shooting Range, and Starbucks. A Hobby Lobby is slated to open in 2023, further enhancing the area's retail appeal. The property's location offers excellent visibility and accessibility, with convenient proximity to Interstate 95 and just three miles north of Interstate 295. This makes it an ideal site for a variety of commercial ventures, capitalizing on the high traffic volume and strong consumer base of the surrounding area. The lot's size provides ample space for development, offering flexibility for various business types. This is a rare opportunity to acquire commercial land in a rapidly growing and well-established mixed-use development in Hanover County, Virginia, zip code 23005. The property is zoned for commercial use. Further details regarding zoning and development possibilities are available upon request.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,991 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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