Property Listing No Longer Available for Sale

11070 Old Telegraph Road, Ashland, VA

Others for Sale - $1,225,000 - 35 acres


Property Info

CIMLS#873840
Location
  11070 Old Telegraph Road
  Ashland VA 23005
UpdatedDecember 19th, 2016
TypeOthers
Price$1,225,000
Land35 acres

Property Description

The Harding Family Farm is 35 acres of varying topography bisected by a small creek with open land along the road frontage and wooded flat land along Lickinghole Creek in the rear. There is a small pond on the property and prospects for a much larger water feature if the adjacent Brock Spring Farm is included.

These properties are ideally located adjacent to the Winding Brook Retail Center with a natural point of connection with Lakeridge Parkway and would represent the largest single acreage expansion of that venue.

There are nearly 7,000 businesses that employ over 95,000 people within 15-minutes drive-time of the property. Residential population in this same 15-minute proximity is 142,000 with an average 2015 household income of $82,331.

Location Description:

The property is within the boundaries of the Lewistown Road Economic Development Zone ("EDZ"). Hanover County has collaborated with private development to create over 500 acres of new business and destination retail uses including Bass Pro Shop, Harley Davidson and others. Northlake Business Park and Winding Brook Retail Center anchor the development at this interchange. The completion of the Lakeridge Parkway extension from Route 1 to Sliding Hill Road provides a significant development corridor for retail, destination retail, and business uses and allows Hanover County to take better advantage of the growth opportunities along the I-95 corridor.

Highlights:

>> 35.1 Acres FOR SALE @ $1,225,000 ($35,000+/-/acre)

>> Gravity Sewer on-site. Long frontage on Old Telegraph Road

>> Adjacent/contiguous to Brock Spring Farm listed for $8,000,000

>> Comp Plan calls for Economic Development including retail & industrial

>> Brokerage cooperation available to all qualified licensees

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%