11048 Boxwood Farm Ln Ashland, VA 23005
This exceptional 95.05-acre parcel presents a unique build-to-suit development opportunity in a highly desirable location within Hanover County, Virginia. Situated at 11048 Boxwood Farm Lane, Ashland, VA 23005, this property boasts convenient access to major transportation arteries, making it an ideal site for industrial or mixed-use development. The land is zoned M-2 and A-1, offering flexibility for a variety of projects. Its strategic location offers easy access to Interstate 95 via the Lewistown Road interchange, approximately 2.5 miles away, providing seamless connectivity to major markets. The property benefits from its proximity to significant population centers, including Washington, D.C., approximately 90 miles north, and the Hampton Roads region and the Port of Virginia, easily accessible via I-295/I-64 East. The high traffic volume on Washington Highway, with 15,000 vehicles per day, further enhances the property's commercial viability. This location is highly sought after, situated across from Northlake and near Lakeridge Parkway in Richmond's Hanover County, offering excellent visibility and accessibility. This is a rare opportunity to acquire a substantial tract of land in a prime location with exceptional potential for significant 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.