DaVinci Center office park

Office for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30195870
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Mixed Use, Office Building
Building Size (RSF): 11,911 SF
Gross Land Area: 0.57 Acres
Sale Price: $3,250,000
Unit Price: $272.86 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: DaVinci Center
Class of Space: Class A
Usable Size (USF): 7,329 SF
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 2/8/2020

Overview / Comments

Great North Downtown Multi-tenant Property.
Priced at a 6 cap rate with development possibilities.
Make a 6 cap return while planning a North Downtown Development project
OCCUPIED BY: Multiple Tenants.
DIRECTIONS: No showings without notice. Listing agent must be present

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: Charlottesville
Tax ID/APN: 530276000
Property Located Between: 10th and Jefferson
Property Visibility: Excellent
Highway Access: Easy access to 64 and 29 corridor
Airports: CHO
Site Description: Three buildings. 100% full. 7329 sq. ft. free standing building medical use. 4582 sq. ft. occupied by two long term tenants
Area Description: Right in the heart of North Downtown Charlottesville.
Total Number of Buildings: 3
Number of Stories: 3
Typical SF / Floor: 2,000 SF
Year Built: 1914
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Three buildings variety of Brick and siding
Parking Type: Surface
Parking Description: Surface lot with 25 spaces
Total Parking Spaces: 26
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Other
Interior Description: Various office and flex space Owner Occupied opportunity with added income......
Zoning Description: 4.0 Commercial & Industrial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: LOT,PAR X,LOTS 1,2&3

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,578 75,693 88,263
Median Age: 35.38 32.05 33.52
Households: 5,837 29,927 35,026


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Charlottesville Area Association of REALTORS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.