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    620 Riverside Shops Way Charlottesville, VA

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    For Lease
    Contact for pricing

    Premier retail or office space in a mixed-use development.

    Property size:
    1,735 SF
    Lot size:
    2.74 Acres

    Property Features for 620 Riverside Shops Way

    General Information

    Size
    1,735 SF
    Lot size
    2.74 Acres

    Source: Colliers | Charlottesville Agent Bartholomew McIntosh

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

    Overview

    New Mixed-Use Development Space

    The Shops at Riverside Village is a new mixed-use development offering premier retail or office space on the ground floor with luxury residential units above. This unique development benefits from an excellent location and visibility on Route 20 and the Pantops entry Corridor. The shops benefit greatly from the built-in consumer base with multi-family units above and several large single-family developments in the immediate vicinity. Tenants enjoy expansive glass front-spaces with excellent visibility and natural light. Ample access to parking, professional landscaping and carefully crafted outdoor areas make for top tier retail spaces. All spaces achieved EarthCraft certification, contributing to lower utility bills and healthy indoor spaces, and are Ting Internet ready. There are three unique retail and office spaces available now. Existing tenants include Grit Coffee and Maple Pine. The property offers 1735 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.4766781
    Latitude
    38.0293059

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    FAQs

    What type of property is this?
    Office space - Premier retail or office space in a mixed-use development.
    Where is this office space located?
    The property is located at 620 Riverside Shops Way Charlottesville, VA.
    What are key features of this property?
    This property features: - Premier retail/office spaces in a new mixed-use development.; - Excellent location and visibility on Route 20 and the Pantops entry Corridor.; - Built-in consumer base from multi-family units above and nearby single-family developments.
    (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
    620 Riverside Shops Way Charlottesville, VA
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