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    485 Valley St Scottsville, VA 24590

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    For Sale
    $379,000

    Mixed-use property featuring a commercial space and residential unit.

    Property size:
    2,808 SF
    Lot size:
    0.08 Acres

    Property Features for 485 Valley St

    General Information

    Size
    2,808 SF
    Lot size
    0.08 Acres

    Source: RE/MAX Realty Specialists | Charlottesville Agent Kevin W Quick

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

    Overview

    Mixed-Use Property with Rental Income

    This mixed-use property features a street-level commercial space and a residential unit. The commercial space is currently leased to a coffee shop. The sale includes both the residence and the commercial unit, offering immediate rental income. The property is located in a small town and offers visibility and convenient street parking. The property size is 2808 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Baine's Books & Coffee Coffee Shop Scottsville Vending LLC Vending Machine Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.4956795
    Latitude
    37.8000542

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring a commercial space and residential unit.
    Where is this mixed-use property located?
    The property is located at 485 Valley St Scottsville, VA.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Immediate rental income from existing tenants.; - Prime location in the heart of a desirable small town.; - Mixed-use property offering both commercial and residential spaces.
    (434) 981-3033
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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
    485 Valley St Scottsville, VA 24590
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