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    1500 State Farm Blvd Charlottesville, VA 22909

    For Lease
    Contact for pricing

    281,000 square foot office building suitable for various users.

    Property size:
    281,000 SF
    Lot size:
    281,000 SF

    Property Features for 1500 State Farm Blvd

    General Information

    Size
    281,000 SF

    Source: Matt Hamilton Agent Matt Hamilton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adaptable Office Building For Rent

    This adaptable building offers 281,000 square feet of office space and can accommodate a variety of users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bonumose Manufacturer ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4499504
    Latitude
    38.0226623

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    FAQs

    What type of property is this?
    Office building - 281,000 square foot office building suitable for various users.
    Where is this office building located?
    The property is located at 1500 State Farm Blvd Charlottesville, VA.
    What are key features of this property?
    This property features: - Adaptable building - can accommodate a variety of users
    (804) 401-4005
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    Charlottesville, VA 22909
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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
    1500 State Farm Blvd Charlottesville, VA 22909
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