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    504-598 Pantops Ctr Charlottesville, VA 22911

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    For Lease
    $16 SF/Yr

    Retail space in a grocery-anchored shopping center near I-64.

    Property size:
    47,550 SF
    Lot size:
    13.13 Acres

    Property Features for 504-598 Pantops Ctr

    General Information

    Size
    47,550 SF
    Lot size
    13.13 Acres

    Source: Colliers | Charlottesville Agent Leigh Hughes

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

    Overview

    Grocery Anchored Retail Space Available

    Located just east of downtown Charlottesville, off I-64 at exit 124, Pantops Shopping Center is anchored by Food Lion, Roses, and Dollar Tree. The center is one of two grocery-anchored centers on Pantops and offers the lowest grocery-anchored rents in town. This Food Lion location has a history of high sales volume. Pantops Mountain is growing and developing into an alternative to the Route 29 North retail corridor. The property offers 47550 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Kathy's Shopping Center, Market Square, Tag sale

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4578533
    Latitude
    38.0307699

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    FAQs

    What type of property is this?
    Shopping center - Retail space in a grocery-anchored shopping center near I-64.
    Where is this shopping center located?
    The property is located at 504-598 Pantops Ctr Charlottesville, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Historical high sales volume at this Food Lion location.; - Anchored by Food Lion, Roses, and Dollar Tree.; - Lowest grocery anchored rents in town.
    (434) 974-7377
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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
    504-598 Pantops Ctr Charlottesville, VA 22911
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