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    300 Preston Ave Charlottesville, VA 22902

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    For Lease
    $25 SF/Yr ($10,416 /Mo)

    Premier office space near the Historic Downtown Mall.

    Property size:
    5,000 SF
    Lot size:
    1.51 Acres

    Property Features for 300 Preston Ave

    General Information

    Size
    5,000 SF
    Lot size
    1.51 Acres

    Source: Colliers | Charlottesville Agent Leigh Hughes

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

    Overview

    Downtown Charlottesville Office Space Available

    This office space is located just off the Historic Pedestrian Downtown Mall in Charlottesville, Virginia. The building offers a variety of layouts and options. Tenants can enjoy views in every direction and an abundance of natural light. Free downtown parking is included with tenancy. A bank location with a drive-thru is a possibility. The property occupies a prominent corner location at the most trafficked light in downtown Charlottesville. Suite sizes start at 700 square feet, with up to 5,000 square feet available on the 4th and 5th floors.
    Insight Report Location Intelligence

    Current Use by Public Records

    Carter Bank & Trust Bank Community Investment Collaborative Non-Profit Organization SCORE Business Management Consultant VividCortex Software Company Shumaker Janet M ... Accountant

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage 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
    -78.483738
    Latitude
    38.0328627

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    FAQs

    What type of property is this?
    Office space - Premier office space near the Historic Downtown Mall.
    Where is this office space located?
    The property is located at 300 Preston Ave Charlottesville, VA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Most prominent corner location at most trafficked light in downtown Charlottesville; - Free downtown parking with tenancy; - Just off Historic Pedestrian Downtown Mall
    (434) 974-7377
    Request Owner's contact information
    300 Preston Ave Charlottesville, VA 22902
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    Charlottesville, VA 22902
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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
    300 Preston Ave Charlottesville, VA 22902
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