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    316-318 E Main St Charlottesville, VA 22902

    For Sale
    $5,500,000

    28,500 SF office building available in Charlottesville, Virginia.

    Property size:
    28,500 SF
    Lot size:
    0.15 Acres

    Property Features for 316-318 E Main St

    General Information

    Size
    28,500 SF
    Lot size
    0.15 Acres

    Source: Howard Hanna Roy Wheeler Realty | Charlottesville Agent Hock Hockensmith

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

    Overview

    Charlottesville Office Building For Sale

    This 28,500 square foot office building is located in Charlottesville, Virginia. Pro-forma and Profit & Loss statements are available from the listing broker. Information regarding capital improvements is also available from the broker.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -78.4796774
    Latitude
    38.0297684

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    FAQs

    What type of property is this?
    Office building - 28,500 SF office building available in Charlottesville, Virginia.
    Where is this office building located?
    The property is located at 316-318 E Main St Charlottesville, VA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Pro-forma/P & L available; - Capital Improvements information available; - Additional Property Details available
    (434) 996-3333
    Request Owner's contact information
    316-318 E Main St Charlottesville, VA 22902
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    Charlottesville, VA 22902
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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
    316-318 E Main St Charlottesville, VA 22902
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