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    1652 State Farm Blvd Charlottesville, VA 22911

    Sponsored
    For Lease
    Contact for pricing

    Single-story office building, 3,339 sqft, high visibility.

    Lot size:
    3,339 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,339-square-foot office building, located at 1652 State Farm Blvd in Charlottesville, Virginia, presents a unique leasing opportunity. Situated on a 0.97-acre lot, this single-story, Class B building was constructed in 1980 and offers ample parking with 24 spaces. The property is zoned PD-MX (Planned Development Mixed Commercial) within Albemarle County, allowing for versatile usage. Currently vacant, the entire 3,339 square feet is available for lease. The building's previous use as a bank branch provides a well-designed layout adaptable to various office needs, including medical practices. Its convenient location in the Pantops area offers high visibility and proximity to popular businesses such as Starbucks and Giant Food. The property features no elevators, but its single-story design ensures easy accessibility. Annual property taxes are $3.75 per square foot. This is an ideal location for businesses seeking a prominent presence in a thriving Charlottesville commercial district. The property's size and location make it a highly attractive option for a variety of businesses. The ample parking and convenient access to major roadways further enhance its appeal.

    Property Features for 1652 State Farm Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,339 SF
    Class
    B

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Former Bank Branch
    Size
    42,253 SF

    HighLights

    • 3,339 SF single‑story office building in Charlottesville, VA.
    • Located on a 0.97‑acre lot with 24 parking spaces.
    • Class B building constructed in 1980, zoned PD‑MX.
    • Entire 3,339 SF currently vacant and available for lease.
    • Convenient Pantops location with high visibility near Starbucks and Giant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Truist Bank BB&T Mortgage Mortgage Lender

    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
    -78.44232136
    Latitude
    38.02760212

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    FAQs

    What type of property is this?
    Restaurant - Single-story office building, 3,339 sqft, high visibility.
    Where is this restaurant located?
    The property is located at 1652 State Farm Blvd Charlottesville, VA.
    What are key features of this property?
    This property features: 3,339 SF single-story office building in Charlottesville, VA.; Located on a 0.97-acre lot with 24 parking spaces.; Class B building constructed in 1980, zoned PD-MX.
    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
    1652 State Farm Blvd Charlottesville, VA 22911
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