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Financial
Distress signals
Property profile

10289 Kings Acres Rd Ashland, VA 23005

OFF-MARKET
Other commercial real estate
Property ID
US87-1265547
2,588 SF 34.09 ac lot Built 1967
Last sale May 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a retail shopping center with available outparcel sites and inline retail development potential, anchored by Home Depot and Green Top Sporting Goods. It is positioned for interstate-oriented access and visibility along Interstate 95, with proximity to Hanover Industrial Airpark. The site supports development of additional inline retail space up to approximately 60,000 square feet and includes the option for Phase II Destination Retail Development on Kings Acre Rd. The property is zoned B-3.

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?
$39k
Tax billed · 2024
Assessed value$4.83M
Assessed land$4.74M
Assessed improvement$87k
Effective rate0.81%

Value estimate

· Oct 2026
$480k
$432k – $528k
AI approach$505k

Realmo valuation models over county records and 14 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 comparables14

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?
B-3
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.0
Realty agency9.7
Garden Center9.5

Location

10289 Kings Acres Rd Ashland, VA 23005
County assessor Recorded deeds · 1 transfer 14 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
10387 Sliding Hl, Ashland, VA 23005-8121 $2,060,000 Jul 2025 2,247 SF
10972 Richardson, Ashland, VA 23005 $4,600,000 Jun 2025 5,100 SF
11200 Leadbetter, Ashland, VA 23005-3499 $102,500 Jun 2025 4,536 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
511 Thompson, Ashland, VA 23005-1400 $540,000 Feb 2025 1,441 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
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