Development Opportunity - Ivy RD (250)

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30317866
Property Subtypes: Hospitality, Office, Retail, Other
Status: Pending/Contingent
Gross Land Area: 1.13 Acres
Sale Price: $1,500,000
Unit Price: $1,327,433 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/9/2019

Overview / Comments

Highway Commercial (HC) In-fill Development Site total 1.13 acres. Excellent location close to UVA. The property borders St. Anne's Belfield upper school, and is located behind the Shell gas station at corner of Ivy RD and Colonnade DR.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Tax ID/APN: 478446903689
Zoning: HIGHWAY COMMERCIAL
Property Located Between: The parcels are behind the Shell gas station on Ivy RD (250) at Colonnade DR
Property Visibility: Excellent
Legal Description: Parcel IDs: 06000-00-00-040C2 and 040C3 combine for total 1.13 acres
Largest Nearby Street: Business Route 250
Highway Access: 250 direct to Route 29 and I-64
Site Description: Mostly open and flat with stream running at far back lot line.
Area Description: Located behind Shell gas station on Ivy RD Business 250 - down from University Heights Apartments on Colonnade DR in busy 250 W commercial corridor.
Zoning Description: Highway Commercial permits number of uses including hotels, motels and inns, financial instituitions, adminstrative, business and professional offices, educational schools, food and grocery stores. For more see Albemarle County Code Chapter 18 Zoning Section 24 Highway Commercial (HC).
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,139 71,903 93,960
Median Age: 22.23 31.82 33.9
Households: 3,340 27,909 37,096
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