Property profile

12141 Washington Hwy Ashland, VA 23005

OFF-MARKET
Commercial real estate
Property ID
US87-3913696
9,480 SF 2.75 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 9,480 SF
Lot 2.75 ac (119,964 SF)
Zoning code B-2
APN 7789-02-1754
UPID US87-3913696

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 Auto Parts Store
  • Kitchen & Bath Showroom Hardware & Home Improvement

Location

12141 Washington Hwy Ashland, VA 23005-7641
Ashland metro Census 320602 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.28M
Comparable Approach Comparable
$625k
Blend (final) Blend
$985k

Owner & transaction history

since 2025
Last sale
$1.1M
5 recorded transactions
2025
$1.1M
2023
Price N/A
2014
$900,000
2009
Price N/A
2007
$1.1M

Zoning & alternative use

B-2 · Ashland, VA
Zoning description

This district is intended to provide sufficient space in appropriate locations for a wide variety of commercial and miscellaneous service activities, generally serving a wide area and located particularly along certain e…

General category COMMERCIAL

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
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