11511 Lakeridge Pkwy Ashland, VA 23005
- Commercial real estate
- 1.02 lot acres
Current Use by Public Records
- 1-800-PACK-RAT / Logistics Service / Mover
- Zippy Shell / Moving And Storage Service / Logistics Service
Property Details for 11511 Lakeridge Pkwy
- Lot size
- 1.02 lot acres
- Zone code
- M-2
- Property type
- Commercial real estate
- APN
- 7788-49-3379
- APU
- 7788493379
Description
This Hanover County warehouse offers 23,000 square feet of immediately available space, divisible to a minimum of 1,000 square feet. Located at 11511 N Lakeridge Pkwy, Ashland, VA 23005, this shared-space facility is part of a larger 60,000 square foot building. The property features four dock-high doors, with two measuring 13' 11" x 20' and two measuring 13' 11" x 12', and additional ground-level access. Dock doors are 9' x 9'. The monthly rent is $1.00 per square foot, with a minimum 1,000 square foot lease required. Long-term leases (12 months) are available. Tenants are permitted to operate businesses from the space, with some restrictions. Woodworking, welding, and automotive repair (excluding car storage) are prohibited. Operating hours are Monday-Friday, 8 AM to 4 PM, and Saturday, 9 AM to 12 PM. Ample parking is available for tenant vehicles
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,100,000
- 6.5%
- $1,140,000
- 7%
- $1,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,195,000
- Geo Method
- $1,025,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $990,000
- Retail
- $1,185,000
- Mixed-Use
- $1,100,000
- Hospitality
- $965,000
- Educational
- $1,005,000
- Residential Income
- $1,310,000
- Energy
- $1,170,000
- Income-Based Land
- $1,210,000
- Food Service
- $1,020,000
Location Insight
- Map
- Local Demand
- City
- Ashland
- County
- Hanover
- State
- Virginia
- Longitude
- -77.4578
- Latitude
- 37.7256
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
