Entity Owned 
For Sale
$3,300,000
1791 Richmond Rd, Charlottesville, VA 22911
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Property summary
AI-generated overview
A stand-alone commercial building in Charlottesville, Virginia sits on a two-acre lot. The property totals approximately 7,332 square feet and is positioned along heavily traveled Route 250 Pantops, with proximity to I-64. It is adjacent to a Hilton Garden Inn and near Sentara Martha Jefferson Hospital, within the surrounding area of Peter Jefferson Place, a Class A office complex totaling more than 285,000 square feet. The building configuration is suitable for a range of uses, including medical office, retail, restaurant, and non-profit organizations.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
7,332 SF
Lot
2.02 ac (87,817 SF)
Zoning code
PLANNED DEV. MIXED COMM.
APN
07800-00-00-020B0
UPID
US87-0815314
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
since 2017
5 recorded transactions
Zoning & alternative use
PLANNED DEV. MIXED COMM. · Charlottesville, VA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$355k
Value range
$320k – $391k
±10% around blend
Estimated value / SF
$48 / SF
Confidence
Property data
100
Comparable evidence
60
$320k
blend $355k
$391k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,332 SF
Lot area
2.02 ac
Year built
2008
Stories
1
APN
07800-00-00-020B0
Zoning
PLANNED DEV. MIXED COMM.
Assessed value
$2,982,300
Annual tax
$25,469
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$355k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.98M
Move the market yield to see immediate price impact.
Value / SF
$407
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$188k
$3.76M
$2.68M
$2.09M
$209k
$4.18M
$2.98M
$2.32M
$230k
$4.59M
$3.28M
$2.55M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,469
Tax year 2024
Assessed value
$2,982,300
Assessed 2024
Previous assessed
$2,860,600
+4.3% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,375,500
Assessed improvement
$1,606,800
Land market value
$1,375,500
Improvement market value
$1,606,800
Total market value
$2,982,300
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
2008
Heating
HEAT PUMP
Stories
1
Total area
7,332 SF
Lot
2.02 ac (87,817 SF)
Zoning code
PLANNED DEV. MIXED COMM.
APN
07800-00-00-020B0
UPID
US87-0815314
Jurisdiction
ALBEMARLE
Zoning & alternative use
PLANNED DEV. MIXED COMM. · Charlottesville, VAZoning PLANNED DEV. MIXED COMM. · permitted uses
PLANNED DEV. MIXED COMM. · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Stories
1
Lot
2.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PLANNED DEV. MIXED COMM.
Jurisdiction
Charlottesville, VA
Recorded code
PLANNED DEV. MIXED COMM.
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PLANNED DEV. MIXED COMM. in Charlottesville, VA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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