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715 W Main St, Charlottesville, VA 22903

Land suitable for student housing near the University of Virginia.

Property Size7,685 SF
Price / SF$559.53
Days on Market944

Property Features for 715 W Main St

General Information

Standard status Active
Size 7,685 SF
Property subtype Retail
Zoning CX-5
Investment Type Redevelopment

Building Details

Year Built 1920
Buildings 4
Stories 2
Listing Agency: Real Estate III Commercial Properties
Listed By: Bill Howard · License #VA 0225107609
Source: Crexi
Added: Feb 1, 2024 Changed: Aug 31 Last Checked: Sep 1 at 3:47AM

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 Real Estate III Commercial Properties

Investment Insights

Based on property information with market context.

This property is located near the University of Virginia and has been identified as a possible student housing project. The city zoning allows for a 5-story building, with the potential to go up to 7 stories. The property has the potential for up to 168 beds. The property size is 7685 square feet.

Key Highlights

  • Zoning allows for high‑density development, potentially up to 7 stories.
  • Potential for up to 168 beds**, ideal for a large‑scale project.
  • Identified as a possible student housing project.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Storage Facility Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,694
Businesses Nearby

Demographics for 22903, VA

42,170
Population
17,642
Households
2.4
Avg Household Size
28
Median Age
65%
College-Educated
95%
High-School Grad
69.0 sq mi
ZIP Area
611
Density / Sq Mi
$64,352
Median Household Income
$33,607
Median Earnings
$1,479
Median Rent
$510,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Land suitable for student housing near the University of Virginia.
Where is this commercial land located?
The property is located at 715 W Main St Charlottesville, VA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Zoning allows for high‑density development, **potentially up to 7 stories**.; Potential for up to 168 beds**, ideal for a large‑scale project.; Identified as a possible student housing project.
More about this property
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