1 acre commercial or multifamily by right

Vacant Land for Sale
Also listed as Multi-Family, Office
Catylist Listing ID: 30652210
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 0.95 Acres
Sale Price: $895,000
Unit Price: $942,105 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

0.95 Acres with Commercial Zoning.

Located in Albemarle County's best commercial development zone and close to all shopping and development along US 29.
Current plan shows 16,000 square feet with parking but can be expanded or used for multifamily or mixed use.

Perfect for redevelopment either as Commercial, Storage, Retail, Office or Multi-Family
Call agent for details

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Submarket Type: Redevelopment District
Taxing Authority: Albemarle County
Tax ID/APN: 489293919376
Property Located Between: Berkmar Drive and Rio Road
Property Visibility: Excellent
Legal Description: Albemarle County Tax ID#04500-00-00-15700
Largest Nearby Street: Rio Road
Feet of Frontage: 800
Traffic/Vehicle Count: 12,000
Highway Access: Route 29 and Rio Road
Airports: CHO
Site Description: 0.96 acres of Commercially Zoned land in Albemarle Commercial District
Area Description: Route 29 and Rio Road Commercial District
Lot Frontage: Highway and Cul-de-sac
Lot Depth: 185
Zoning Description: Vacant Commercial Land
Development Name: Greenfield Commons
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,575 37,788 88,339
Median Age: 38.38 37.67 34.58
Households: 3,073 15,839 34,859


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