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    501 Faulconer Dr Charlottesville, VA 22903

    Sponsored
    For Lease
    $17 SF/Yr ($11,672 /Mo)

    Ground-level office, prime location, ample parking.

    Lot size:
    8,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,412 square foot executive office suite is ideally situated just off Old Ivy Road, offering unparalleled convenience and accessibility. Located in a Class C building constructed in 1985, this single-tenant space boasts a ground-level entry point, ensuring ease of access for all, including those with disabilities. The property sits on a generous 3.01-acre lot and is part of a larger building totaling 8,004 square feet, spread across two stories. Ample on-site parking is available for tenants and their clients. The building's convenient location provides easy access to major thoroughfares, including the 250 Bypass, and is in close proximity to Farmington, St. Anne’s Belfield School, the University of Virginia's Darden School of Business, and the University of Virginia School of Law. The zoning designation is CO. The property features a total of one building and is identified by APN 475849905808. This is a fantastic opportunity for businesses seeking a well-located, accessible, and conveniently sized office space with excellent connectivity to the surrounding area. The net monthly rent is $2,059.

    Property Features for 501 Faulconer Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,004 SF
    Class
    C
    Total Rate
    11672.5

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Floor First , Suite 1 A
    Size
    1,412 SF
    Rate per SF
    $17

    HighLights

    • 8,004 SF Office Building, Single‑Tenant Occupancy
    • 1,412 SF of Vacant Executive Office Space Available
    • 3.01‑Acre Lot
    • Class C Building, Built in 1985
    • Convenient Location near Old Ivy Rd, Farmington, and major schools
    • Ground‑level space with ample parking and handicap accessibility
    Property Profile Location Intelligence

    Current Use by Public Records

    Ivy Wealth Partners Financial Planner Georgetown Learning Centers Learning Center Quadrant Investment Bankers Bank Richard T. Goodling, ... Social Worker Couric Krebs Financial ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.5245332
    Latitude
    38.0499074

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    FAQs

    What type of property is this?
    Office Property / Space - Ground-level office, prime location, ample parking.
    Where is this office property / space located?
    The property is located at 501 Faulconer Dr Charlottesville, VA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 8,004 SF Office Building, Single-Tenant Occupancy; 1,412 SF of Vacant Executive Office Space Available; 3.01-Acre Lot
    Request Owner's contact information
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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
    501 Faulconer Dr Charlottesville, VA 22903
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