Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30353499
Status: Pending/Contingent
Building Size (RSF): 2,480 SF
Gross Building Area: See Agent
Sale Price: $2,350,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2020

Overview / Comments

Prime 3.58 acres with great visibility and 800 feet of road frontage located just east of the Charlottesville City limits. Currently 2480 sq ft residence with 4000 S.F. commercial grade shop and additional 4000 S.F covered work area. Shimp Engineering has studied property and recommend Residential Urban Density mixed use as best use.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: ALBEMARLE COUNTY
Tax ID/APN: 496979901008
Property Located Between: East of Charlottesville city limits approx 0.1 mile from 250E on Stony Point Rd
Property Visibility: Excellent
Largest Nearby Street: Stony Point Road and 250E
Feet of Frontage: 800
Airports: Approx 7 miles
Site Description: Highly visible with 800 feet of road frontage
Area Description: In middle of growth area with commercial offices being built across street and soon to be built WAWA at corner of 20 & 250.
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Excellent
Year Built: 1965
Year Renovated: 2009
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Paved parking areas at house and shop with separate entrances.
Heat Source: Heat Pump
Internet Access: Cable, DSL
Zoning Description: R1 Residential. Shimp Engineering recommended best use as Urban Density Mixed use.
Lot Frontage: 800 feet
Water Service: Well
Sewer Type: Municipal
Easements: Utilities
Legal Description: Tax map and parcel 78-58K0 (Parcel #07800-00-00-058K0)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,606 59,242 89,553
Median Age: 36.26 33.28 33.46
Households: 2,249 24,687 35,424


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