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Property profile

10972 Richardson Rd Ashland, VA 23005

OFF-MARKET
Other commercial real estate
Property ID
US87-1105935
5,100 SF 1 ac lot Built 1981
Last sale Sep 2025 · $4,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a fenced, asphalt-paved site totaling approximately 4 acres, with the ability to be subdivided into 1-, 2-, or 4-acre lots. The site is zoned M3 and includes 3-phase electrical service. Improvements include a 5,100-square-foot warehouse equipped with five drive-in doors and dock loading capabilities. The property is located in the Hanover Industrial Air Park, providing proximity to I-95, and the site supports build-to-suit development.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$436k
Assessed land$195k
Assessed improvement$241k
Effective rate0.81%

Value estimate

· Nov 2026
$290k
$261k – $319k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$118 – $285
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-3
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Convenience Store9.7
Cafe & Coffee Shop9.2

Location

10972 Richardson Rd Ashland, VA 23005
County assessor Recorded deeds · 4 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Washington, Ashland, VA 23005-2207 $1,000,000 Feb 2026 9,190 SF
10104 Leadbetter, Ashland, VA 23005-3411 $1,500,000 Dec 2025 6,000 SF
11200 Leadbetter, Ashland, VA 23005-3499 $102,500 Jun 2025 4,536 SF
10254 Timber Rdg, Ashland, VA 23005-8135 $1,000,000 May 2025 5,982 SF
11650 Lakeridge, Ashland, VA 23005-8190 $2,100,000 Apr 2025 3,415 SF
10433 Success, Ashland, VA 23005-8038 $550,000 Apr 2025 3,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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