Property profile

11038 Lakeridge Pkwy Ashland, VA 23005

OFF-MARKET
Commercial real estate
Property ID
US87-0307100
12,464 SF 2 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 12,464 SF
Lot 2 ac (87,120 SF)
Zoning code M-2
APN 7788-50-7790
UPID US87-0307100

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Engineering Consultant
  • Tech Support Center IT Consulting Firm
  • Accounting Firm

Location

11038 Lakeridge Pkwy Ashland, VA 23005-8142
Ashland metro Census 320400 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.69M
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$1.62M

Owner & transaction history

since 2025
Last sale
$1.7M
7 recorded transactions
2025
$1.7M
2017
Price N/A
2002
$684,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-2 · Ashland, VA
Zoning description

The intent of this district is to provide sufficient space in appropriate locations for moderate- to heavy-industrial uses, including manufacturing and assembly, warehousing and processing of raw materials within the Tow…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11038 Lakeridge Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message