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    404 People Pl Charlottesville, VA 22911

    Sponsored
    For Lease
    $29 SF/Yr

    3,655 RSF Office, All-Inclusive Rent

    Lot size:
    26,706 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,655-square-foot office space, located at 404 People Place, Suite 301, Charlottesville, VA 22911, offers a versatile layout ideal for various uses. Previously occupied by a dental practice, this single-tenant space features multiple entrances/exits for convenient access. Situated on Pantops Mountain, the property enjoys excellent visibility and accessibility from Richmond Road and South Pantops. The third-floor suite is conveniently served by both elevator and stairwell access within a five-story building totaling 26,706 square feet on a 3.94-acre lot. The space includes 90 total parking spaces for ample tenant and visitor parking. Amenities include common area bathrooms and a private in-suite bathroom. All utilities and janitorial services are included in the rent, excluding internet. The building was constructed in 2008 and is zoned NMD (Neighborhood Model District). The property's APN is 07800-00-00-01600. The rentable square footage is 3,655 square feet, with 3,178 square feet of usable space. The all-inclusive rent is $29.50 per square foot. This property presents a unique opportunity for businesses seeking a well-appointed and conveniently located office space in a thriving Charlottesville community. Easy to show during normal business hours.

    Property Features for 404 People Pl

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,706 SF
    Total Rate
    65652.25

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Size
    3,655 SF
    Rate per SF
    $29
    Property Profile Location Intelligence

    Current Use by Public Records

    Stanley Martin Charlottesville ... Home Builder Virginia National Bank: ... Financial Institution Sturman Wealth Advisors Financial Planner Mike Bitrick at First ... Mortgage Lender Quemado Federal Credit ... Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.45367024377
    Latitude
    38.033748216437

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    FAQs

    What type of property is this?
    Medical office - 3,655 RSF Office, All-Inclusive Rent
    Where is this medical office located?
    The property is located at 404 People Pl Charlottesville, VA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    Request Owner's contact information
    404 People Pl Charlottesville, VA 22911
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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
    404 People Pl Charlottesville, VA 22911
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