5.673 Acres for Ground Lease Near I-95
M-1 Parcel on Lakeridge Parkway Near Ashland
Lakeridge Parkway, Ashland, VA, USA
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This 5.673-acre parcel in Hanover County offers a prime opportunity for industrial development. Zoned M-1, the property supports a wide range of industrial applications, making it suitable for manufacturing, warehousing, distribution, or other commercial uses. Its expansive footprint and undeveloped state provide a blank canvas for custom site planning, allowing tenants to tailor the space to their specific operational needs. Conveniently located within Hanover County, the site enjoys easy access to major transportation corridors I-95 and I-295, ensuring efficient connectivity for logistics and workforce accessibility across the metro Richmond and central Virginia region. Offered as a ground lease, this property represents an excellent opportunity for businesses seeking to establish or expand their operations in a high-demand industrial market over the long term. The strategic location and flexible zoning make it an ideal solution for companies looking to optimize functionality and growth potential in a rapidly growing area of Hanover County. Capitalize on this rare opportunity to secure a long-term presence in one of the Richmond metro’s most accessible and thriving industrial areas.
ABOUT HANOVER COUNTY, VA
Hanover County, Virginia hosts a variety of major employers across different sectors, contributing to its vibrant economy and making it an attractive destination for businesses. One significant sector is manufacturing, due in part to Hanover’s excellent logistics location along I-95, with companies like Altria Group, which operates a major manufacturing facility producing tobacco products, as well as WestRock, International Paper, and Owens and Minor. Additionally, the County is home to the Kings Dominion amusement park, a significant employer in the entertainment and tourism industry. Hanover County also hosts several healthcare institutions, including hospitals and medical centers like Bon Secours Memorial Regional Medical Center, offering opportunities in the healthcare sector. Moreover, the county’s proximity to Richmond, the state capital, provides access to a larger pool of customers, suppliers, and resources, while still maintaining a lower cost of living compared to urban areas. The supportive business environment, skilled workforce, and strategic location with easy access to major transportation routes further enhance Hanover County’s appeal for businesses looking to establish or expand their operations.
Ann Schweitzer Riley has become a distinguished figure in commercial real estate, focusing primarily on sales of urban commercial properties, including office spaces, retail locations, multi-family buildings, industrial facilities, and mixed-use developments. With a rich background that spans over a decade, Ann has developed a keen expertise in property sales, investment, and development.
A graduate of UVA, Ann’s journey in real estate began as a residential real estate appraiser in Charlottesville, VA. Her career path led her to roles as a legal assistant and later to Richmond in 2008, where she worked with an affordable housing nonprofit. There, she gained a passion for construction and real estate development. This foundation allowed her to excel as a real estate construction project manager and later as a corporate commercial sales agent.
Today, at One South Commercial, Ann is renowned for her sharp insights in market trends, her strategic approach to property disposition, and her ability to optimize asset value for her clients. Her comprehensive understanding of both residential and commercial real estate markets, combined with her specific expertise in commercial sales, makes her an invaluable partner to property owners and buyers alike.
Ann’s commitment to her clients and her profound market knowledge ensure tailored, effective strategies for those looking to invest in or divest commercial real estate assets.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed
