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    208 SE 7Th St Charlottesville, VA 22905

    Picture of Commercial land at SE 7Th St 208, Charlottesville, VA
    Pending
    For Sale
    $900,000

    Build to Suit MultFamLot - CHARLOTTESVILLE, VA

    Lot size:
    0.21 Acres
    Days on Market:
    278
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 208 SE 7Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    CH Cherry Avenue Corridor Mixed Use
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    McLean Faulconer Inc., REALTOR (434) 295-1131 [email protected]

    Listing agent TIM MICHEL (434) 295-1131 License #0225017453

    Listing date Mar 3, 2025

    MLS# 657199 Listing URL

    Copyright © 2025 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charlottesville Land For Sale

    This 0.21-acre commercial land parcel is located in Charlottesville, Virginia. Zoned CH Cherry Avenue Corridor Mixed Use, the property falls under the city's new development ordinance. A four-story building may be possible on this lot, making it suitable for multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Monarch Concrete Construction Concrete Contractor

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4897442
    Latitude
    38.0304355

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    FAQs

    What type of property is this?
    Commercial land - Land available in Charlottesville, suitable for multifamily development.
    Where is this commercial land located?
    The property is located at 208 SE 7Th St Charlottesville, VA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Development opportunity under new city ordinance.; - Potential for a 4-story building.
    (434) 295-1131
    Request Owner's contact information
    208 SE 7Th St Charlottesville, VA 22905
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    Charlottesville, VA 22905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 SE 7Th St Charlottesville, VA 22905
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