Commercial Development Opportunity

Vacant Land for Sale
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: $795,000
Unit Price: $836,842 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/22/2020

Overview / Comments

0.95 Acres with Commercial Zoning
Perfect for redevelopment either as Commercial or Multi-Family

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: Albemarle County
Tax ID/APN: 489293919376
Property Located Between: Berkmar Drive and Rio Road
Property Visibility: Good
Legal Description: Albemarle County Tax ID#04500-00-00-15700
Largest Nearby Street: Berkmar Drive
Highway Access: Rout 29 and Rio Road
Airports: CHO
Site Description: Almost 1 acre of nearly flat land in Albemarle Commercial District
Area Description: Route 29 and Rio Road Commercial District
Zoning Description: Vacant Commercial Land
Topography: Level
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: 4,832 37,788 88,339
Median Age: 37.18 37.67 34.58
Households: 2,032 15,839 34,859

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