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1535-1636 Rio Rd E Charlottesville, VA 22901

For Sale
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42.29 acres of land for redevelopment in Charlottesville, VA.

Lot size:
42.29 Acres

Property Features for 1535-1636 Rio Rd E

General Information

Lot size
42.29 Acres

Source: The Shopping Center Group | Newport News Agent Debra Ramey

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


Overview

Redevelopment Opportunity on Rio Road

This offering presents a redevelopment opportunity encompassing 42.29 acres. The ground lease for the land extends until April 30, 2076. The property is situated in a prime area suitable for a multi-use project. The existing mall is a single-story structure. The zoning is designated as PD-SC. The Home Depot will locate their store on the former Sears pad. The purchaser acquires all rights to construct or demolish improvements on the land. Belk Men's occupies 60,707 square feet under a lease agreement. The former JCPenney, totaling 96,052 square feet, and Belk Women's are excluded from the redevelopment offer.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
-78.4743942
Latitude
38.0780722

FAQs

What type of property is this?
Land - 42.29 acres of land for redevelopment in Charlottesville, VA.
Where is this land located?
The property is located at 1535-1636 Rio Rd E Charlottesville, VA.
What are key features of this property?
This property features: - Prime area for redevelopment as a multi-use project.; - All rights to build/demolish improvements on the land to be acquired.; - Home Depot will locate their store on the former Sears pad.
More about this property
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