Hollymead Town Center - Block 9

Office for Sale
Catylist Listing ID: 30517925
Property Subtypes: Business Park, Mixed Use
Building Size (RSF): 40,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.37 Acres
Sale Price: $2,725,000
Unit Price: $68.13 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 2/9/2021

Overview / Comments

3.37 acres in Section C - Block 9 at The Hollymead Town Center: pad ready with 198 paved parking lot constructed as well as foundation walls for commercial buildings fronting on Timberwood Boulevard. Approved site development plans (allowing for 40,000 SF Max of mixed uses defined by approved proffers), architectural plans and approved plans for an additional 12,720 story non-residential building with an additional 30 space parking lot.

Proffers apply to this property and the documents are attached. Public water, sewer, electricity and natural gas at site.
Separate from land listing: the Owner is willing to negotiate construction of any proposed development.

Drive out to property: no advance notice required

Broker is Trustee / Owner

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: Albemarl County
Tax ID/APN: 500245935498
Property Located Between: Route 29 (Seminole Road) and Berkmar Drive
Property Visibility: Excellent
Airports: Charlottesville / Albemarle Airport (CHO)
Site Description: Graded slightly above Timberwood Blvd.: Foundation walls built for office / retail with second story access to large paved parking lot and additional building pad. Cleared, graded and improved.
Area Description: Bustling Town Center supporting retail, office, medical, hotels, restaurants and housing. Minutes from the Charlottesville - Albemarle Airport and less than a mile from Route 29.
Zoning Description: PDMC: Planned Development Mixed Commercial: Proffers / code of development attached in Documents
Part of Planned Development?: Yes
Lot Frontage: 500 Linear feet more or lee on Timberwood Blvd.
Lot Depth: 300 feet more or less
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: Sewer, water, electric, phone: in right of way or public utility easement off of right of way.
Legal Description: DB 3515 PG. 549 Albemarle County tax parcel identification: 03200-00-00-041R0 Timberwood Boulevard - Block 9 - Section C

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,700 15,286 40,429
Median Age: 39.55 42.18 40.43
Households: 1,355 5,757 16,529


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