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Investment Highlights

  • Fully renovated office/warehouse in Hanover Industrial Air Park
  • Recent upgrades include new HVAC, LED lighting, and metal roofing
  • Strategic location near I-95 and Route 1 for regional connectivity
  • Three drive-in/loading doors with built-in dock ramp
  • 3-phase power ideal for heavy equipment and manufacturing

Executive Summary

Positioned within Hanover Industrial Air Park, 11011 Leadbetter Road offers a turnkey industrial solution in one of Central Virginia’s most established business hubs. This 8,220 SF office/warehouse facility sits on 1.26± acres and has undergone extensive capital improvements, including a new HVAC system, updated LED lighting, and all-new metal walls and roofing. The property is equipped with three drive-in/loading doors and a built-in loading dock ramp, ensuring efficient logistics for a variety of industrial operations. With 3-phase power supporting heavy equipment and a fully insulated warehouse, this asset is ideal for manufacturing, distribution, or service-based businesses seeking a strategic location.
The site benefits from immediate access to I-95 and Route 1, providing seamless connectivity to Richmond and the Mid-Atlantic corridor. Hanover Industrial Air Park is home to a diverse mix of businesses, reinforcing the area’s reputation as a thriving industrial ecosystem. Offered at $2,150,000, this property combines modern upgrades with prime positioning, making it a compelling acquisition for owner-users or investors targeting high-demand industrial markets.

Property Facts

Price $2,953,498 CAD
Price Per SF $359.31 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.26 AC
Rentable Building Area 8,220 SF
No. Stories 1
Year Built 1984
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Cross Streets Likinghole Rd
Zoning M-3

Amenities

  • Fenced Lot
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
7788-80-3148
Land Assessment
$329,887 CAD
Improvements Assessment
$758,699 CAD
Total Assessment
$1,088,585 CAD
  • Listing ID: 38732102

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 11011 Leadbetter Rd, Ashland, VA 23005

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