Charlottesville Fashion Square Redevelopment
For Sale
Contact for pricing
1600 Rio Rd E, Charlottesville, VA 22901
Redevelopment opportunity in Charlottesville Fashion Square on Rio Rd.
Days on Market247
Property Features for 1600 Rio Rd E
General Information
Standard status
Active
Property subtype
Development
Listing Agency:
(757) 586-4102
Listed By:
Debra Ramey
Source:
Tscg
Added: Nov 25, 2025
Changed: Jul 10
Last Checked: Jul 30 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debra Ramey
Investment Insights
Based on property information with market context.
Located in Charlottesville Fashion Square on Rio Rd, this property presents a redevelopment opportunity. The ground lease currently expires April 30, 2076, and the leased land area encompasses 42.29 acres. The purchaser will acquire all rights to build or demolish improvements on the land. Home Depot is slated to locate their store on the former Sears pad. The property is zoned PD-SC and is situated in a prime area for redevelopment as a multi-use project. The mall is single story. Belk Men's occupies 60,707 square feet and is leased. Belk Women's and the former JCPenney (96,052 SF) are excluded from the redevelopment offer.
Key Highlights
- Prime redevelopment opportunity for a multi‑use project.
- Home Depot to locate a store on the former Sears pad.
- Land area leased is 42.29 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 22901, VA
36,938
Population
17,648
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
94%
High-School Grad
52.2 sq mi
ZIP Area
708
Density / Sq Mi
$91,154
Median Household Income
$53,766
Median Earnings
$1,612
Median Rent
$473,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping mall - Redevelopment opportunity in Charlottesville Fashion Square on Rio Rd.
Where is this shopping mall located?
The property is located at 1600 Rio Rd E Charlottesville, VA.
What are key features of this property?
This property features: Prime redevelopment opportunity for a multi‑use project.; Home Depot to locate a store on the former Sears pad.; Land area leased is 42.29 acres.
