Financial
Distress signals
Property profile

351 Hl Carter Pkwy Ashland, VA 23005

OFF-MARKET
Commercial real estate
Property ID
US87-1075551
13,964 SF 9.48 ac lot Built 2011
Last sale Sep 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 6-acre commercial property presents a unique investment or development opportunity in the thriving town of Ashland, Virginia. Strategically located with significant road frontage on both Hill Carter Parkway and Ashcake Road, this parcel offers unparalleled accessibility and visibility. The property is zoned M-1 Industrial, providing flexibility for a wide range of commercial uses. Existing infrastructure includes readily available public water and sanitary sewer connections,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$4.18M
Assessed land$945k
Assessed improvement$3.23M
Effective rate0.81%

Value estimate

· Sep 2026
$2.08M
$1.87M – $2.28M
CAP approach$1.89M
Submarket $/SF estimate$1.79M

Realmo valuation models over county records and 8 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 comparables8

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-1
The intent of this district is to provide sufficient space in appropriate locations for certain types of manufacturing uses, relatively f...
General categoryINDUSTRIAL
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office10.1
HVAC Service9.3
Locksmith8.8

Location

351 Hl Carter Pkwy Ashland, VA 23005-2315
County assessor Recorded deeds · 8 transfers 8 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
635 Washington, Ashland, VA 23005-1317 $500,000 Feb 2026 9,307 SF
12141 Washington, Ashland, VA 23005-7641 $1,100,000 Jun 2025 9,480 SF
11100 Air Park, Ashland, VA 23005-3428 $2,525,000 May 2025 23,976 SF
10427 Dow Gil, Ashland, VA 23005-7639 $1,600,000 May 2025 11,387 SF
11038 Lakeridge, Ashland, VA 23005-8142 $1,687,500 May 2025 12,464 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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