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10440 Leadbetter Rd
Ashland, VA 23005
Industrial Property For Sale


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
| Sale Type | Investment or Owner User | Year Built | 1997 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.51/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 2.66 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 41,000 SF | Cross Streets | Richardson Rd |
| No. Stories | 1 | ||
| Zoning | M-2 | ||
| 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
Property Taxes
| Parcel Number | 7787-88-7410 | Improvements Assessment | $2,367,600 |
| Land Assessment | $513,100 | Total Assessment | $2,880,700 |
Property Taxes
Parcel Number
7787-88-7410
Land Assessment
$513,100
Improvements Assessment
$2,367,600
Total Assessment
$2,880,700
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