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    722 Rio Rd W Charlottesville, VA 22901

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    For Lease
    $20 SF/Yr ($2,085 /Mo)

    Retail space with high visibility and traffic counts.

    Property size:
    1,251 SF
    Lot size:
    0.85 Acres

    Property Features for 722 Rio Rd W

    General Information

    Size
    1,251 SF
    Lot size
    0.85 Acres

    Source: BlueSky PM, LLC Agent Jeffrey Bloxsom

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

    Overview

    Retail Space on West Rio

    This retail space offers significant visibility on West Rio Road and Route 29, benefiting from high traffic volume. The property is located within a shopping center where all other spaces are currently occupied by long-term tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Soul Food Joint Restaurant Ederra Salon Hair Salon Bar-G Fitness Personal Trainer Indian Bazar Grocery Store Liberty Tax Service Tax Preparation

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4607908
    Latitude
    38.0562785

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high visibility and traffic counts.
    Where is this strip mall located?
    The property is located at 722 Rio Rd W Charlottesville, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on West Rio Road and Rt. 29.; - High traffic counts.; - Only vacant space in the center.
    (434) 284-1871
    Request Owner's contact information
    722 Rio Rd W Charlottesville, VA 22901
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    Charlottesville, VA 22901
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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
    722 Rio Rd W Charlottesville, VA 22901
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