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    202 7Th St SW Charlottesville, VA 22902

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    For Sale
    Contact for pricing

    1.22-acre development site near UVA Hospital and West Main Street.

    Lot size:
    1.22 Acres

    Property Features for 202 7Th St SW

    General Information

    Lot size
    1.22 Acres

    Source: Colliers | Charlottesville Agent Robert Stockhausen

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

    Overview

    Charlottesville Development Site Near UVA

    This 1.22-acre development site is located in the Fifeville neighborhood of Charlottesville, Virginia, southeast of the UVA Hospital and adjacent to the West Main Street corridor. The property benefits from its accessibility to Downtown Charlottesville and the University of Virginia campus via 7th Street SW, which provides convenient access to W Main St. Potential development options include apartments, hotels, or a mixed-use project. A study was completed for this parcel based on the current zoning ordinance and the comprehensive plan adopted in 2024, which specifies new density guidelines. DGF Studio utilized these guidelines to illustrate a possible development plan for the site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Charlottesville
    State
    Virginia
    Longitude
    -78.489217
    Latitude
    38.0304623

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    FAQs

    What type of property is this?
    Land - 1.22-acre development site near UVA Hospital and West Main Street.
    Where is this land located?
    The property is located at 202 7Th St SW Charlottesville, VA.
    What are key features of this property?
    This property features: - 1.22-acre development site in Charlottesville's Fifeville neighborhood.; - Excellent access to Downtown Charlottesville and the University of Virginia campus.; - Located southeast of the UVA Hospital and adjacent to the West Main Street corridor.
    (434) 974-7377
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    202 7Th St SW 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
    202 7Th St SW Charlottesville, VA 22902
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