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    Seminole Trl Charlottesville, VA 22911

    For Sale
    $1,200,000

    Prime 1.92-acre commercial lot, Charlottesville, VA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.92-acre commercial land parcel represents the last remaining pad site within the highly desirable Hollymead Town Center in Charlottesville, Virginia. Located on Seminole Trail and fronting Route 29, this property offers unparalleled visibility and accessibility. Originally part of a larger five-acre tract, this site is situated atop the property, offering a prominent location adjacent to established businesses including Bojangles, Comfort Inn & Suites, Target (the only one in the local market), and Harris Teeter. The property is zoned HTC Block 1 and currently boasts nearly 19,000 square feet of approved buildable space, with the potential for an additional 40,000-45,000 square feet through county application. Permitted uses are diverse and include drive-thrus and tobacco shops, making this a versatile opportunity for a wide range of commercial developments. The asking price is $1,200,000, translating to $625,000 per acre. This is a rare opportunity to acquire a prime commercial lot in a thriving retail center, and it's being offered for the first time on the market. The property's APN is 500084934828. This location in Albemarle County, VA, zip code 22911, provides easy access to major transportation routes and a strong customer base. Don't miss this chance to secure a piece of Charlottesville's vibrant commercial landscape.

    Property Features for 0 Seminole Trl

    General Information

    Property type
    Land
    Lot Size
    83,635 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.4272409
    Latitude
    38.1439011

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    FAQs

    What type of property is this?
    Land - Prime 1.92-acre commercial lot, Charlottesville, VA
    Where is this land located?
    The property is located at Seminole Trl Charlottesville, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    Seminole Trl 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
    Seminole Trl Charlottesville, VA 22911
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