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    946 Grady Ave Charlottesville, VA 22903

    Sponsored
    For Lease
    Contact for pricing

    Charlottesville, VA Executive Office Space

    Lot size:
    95,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Dairy Central offers exceptional executive office space in a vibrant Charlottesville, VA location. This Class A property, originally built in 1937 and recently renovated, boasts 95,000 square feet of total space, with 4,162 square feet currently available. Units range from a minimum of 355 square feet to a maximum contiguous space of 3,200 square feet, perfect for businesses of various sizes. The building features 10' to 13' ceilings and ample parking with 28 structured spaces and 179 surface spaces. Conveniently located in Albemarle County, at 946 Grady Ave, Charlottesville, VA 22903, this property is situated within walking distance of downtown Charlottesville and the University of Virginia. Elevators are available for easy access to all floors. The property sits on a 5-acre lot and is part of a mixed-use development including retail and restaurant spaces, creating a dynamic and convenient work environment. This is a multi-tenant building offering a unique opportunity to establish a presence in a thriving urban district. The building's adaptive reuse of a historic facility adds to its character and appeal. Future phases of development include residential units and additional parking. This is an excellent opportunity to secure prime office space in a rapidly growing area.

    Property Features for 946 Grady Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    95,000 SF
    Class
    A

    Building Details

    Year Built
    1937

    Unit(s) available at that property

    Space
    OFFICE SPACE
    Size
    3,200 SF
    Space
    Stall A
    Size
    612 SF

    HighLights

    • Class A office space available.
    • On‑site event space with catering kitchen.
    • Street‑level retail space for lease.
    • Market hall with diverse local vendors.
    • 180‑unit apartment building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Citizen Burger Stand American Restaurant Basta Pasta Caterer Brigid & Bess Gift Shop AmpUp Charging Station Electric Vehicle Charging Station MASHU FESTIVAL Food Court

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Albemarle
    State
    Virginia
    Longitude
    -78.490598073684
    Latitude
    38.038145807985

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    FAQs

    What type of property is this?
    Individual retail property - Charlottesville, VA Executive Office Space
    Where is this individual retail property located?
    The property is located at 946 Grady Ave Charlottesville, VA.
    What are key features of this property?
    This property features: Class A office space available.; On-site event space with catering kitchen.; Street-level retail space for lease.
    Request Owner's contact information
    946 Grady Ave Charlottesville, VA 22903
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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
    946 Grady Ave Charlottesville, VA 22903
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