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10440 Leadbetter Rd 41,000 SF Industrial Building Ashland, VA 23005 $9,583,633 CAD ($233.75 CAD/SF)



Investment Highlights
- Three 5-ton cranes support manufacturing and material handling operations.
- Multiple dock and drive-in loading points enhance operational flexibility.
- New roof installed in November 2025.
- M-2 zoning allows a broad range of industrial uses.
- 480/277-volt three-phase power serves industrial equipment requirements.
- Radiant warehouse heat and LED lighting support efficient facility operations.
Executive Summary
10440 Leadbetter Road presents an owner-user or investment opportunity in Hanover County's established industrial market. The property consists of a 41,000-square-foot industrial building situated on 2.66 acres and is zoned M-2, supporting a variety of industrial and manufacturing uses. The facility is equipped with three 5-ton cranes, 480/277-volt three-phase power, radiant warehouse heat, LED warehouse lighting, and a kitchenette area, creating a functional environment for manufacturing, fabrication, distribution, and service-oriented operations.
The building's loading configuration includes one interior dock, one 14' x 14' dock door, two 10' x 8' dock doors, and two 14' x 14' drive-in doors, providing flexibility for receiving, shipping, and equipment access. A new roof installed in November 2025 contributes to the property's ongoing maintenance profile.
Located in Ashland, Virginia, the property benefits from access to the Richmond metropolitan area's transportation network and workforce base. The location offers connectivity to major regional transportation corridors serving Central Virginia, supporting distribution, logistics, and industrial users requiring access throughout the Richmond region and beyond. The property's industrial zoning, infrastructure, and material handling capabilities position it to accommodate a range of operational requirements while offering potential long-term utility for industrial occupiers and investors.
The building's loading configuration includes one interior dock, one 14' x 14' dock door, two 10' x 8' dock doors, and two 14' x 14' drive-in doors, providing flexibility for receiving, shipping, and equipment access. A new roof installed in November 2025 contributes to the property's ongoing maintenance profile.
Located in Ashland, Virginia, the property benefits from access to the Richmond metropolitan area's transportation network and workforce base. The location offers connectivity to major regional transportation corridors serving Central Virginia, supporting distribution, logistics, and industrial users requiring access throughout the Richmond region and beyond. The property's industrial zoning, infrastructure, and material handling capabilities position it to accommodate a range of operational requirements while offering potential long-term utility for industrial occupiers and investors.
Property Facts
| Price | $9,583,633 CAD | No. Stories | 1 |
| Price Per SF | $233.75 CAD | Year Built | 1997 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.51/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.66 AC | Cross Streets | Richardson Rd |
| Rentable Building Area | 41,000 SF | ||
| Zoning | M-2 | ||
| Price | $9,583,633 CAD |
| Price Per SF | $233.75 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.66 AC |
| Rentable Building Area | 41,000 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 0.51/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Richardson Rd |
| Zoning | M-2 |
Amenities
- Reception
- Breakroom
Utilities
- Lighting
- Heating
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 7787-88-7410 | Improvements Assessment | $3,279,623 CAD |
| Land Assessment | $710,751 CAD | Total Assessment | $3,990,375 CAD |
Property Taxes
Parcel Number
7787-88-7410
Land Assessment
$710,751 CAD
Improvements Assessment
$3,279,623 CAD
Total Assessment
$3,990,375 CAD
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10440 Leadbetter Rd
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