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    1020 Carrington Pl Charlottesville, VA 22901

    Sponsored
    For Lease
    Contact for pricing

    Prime Charlottesville office space available.

    Lot size:
    6,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,920 square foot Class B office building, constructed in 2003, offers a unique opportunity in Charlottesville, VA. Situated on a 0.13-acre lot at 1020 Carrington Pl, near Rio Rd E, this two-story building features a traditional office layout with executive suite options. Currently, one suite is available, encompassing 150 square feet. However, a larger suite is also available, including 16 offices, a copy room, a workroom, two bathrooms, a kitchen area, and an additional 450 square feet of storage. Utilities such as electricity, internet, water, and sewer are included in the lease

    Property Features for 1020 Carrington Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,920 SF
    Class
    B

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Office 9
    Size
    150 SF

    HighLights

    • 6,920 SF Class B office building built in 2003 in Charlottesville, VA.
    • Located on a 0.13‑acre lot at 1020 Carrington Pl, near Rio Rd E.
    • Two‑story building with traditional office layout, including executive suite options.
    • Available suites range from 150 SF to a larger suite with 16 offices, copy room, workroom, two bathrooms, kitchen, and 450 SF of storage.
    • Utilities (electricity, internet, water, sewer) included in lease.
    • Shared parking lot with neighboring residential building; all parking available to office tenants and guests 8 AM - 5 PM, Monday‑Friday.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multiple-Sclerosis Society Social Services Organization DePaul Community Resources ... Foster Care Service Institute for American Media ... Faculty Of Media And Information Science Ishan Gala Foundation Association / Organization CavCity Counseling Inc. Mental Health Service

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -78.468044183598
    Latitude
    38.069737582354

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Charlottesville office space available.
    Where is this office property / space located?
    The property is located at 1020 Carrington Pl Charlottesville, VA.
    What are key features of this property?
    This property features: 6,920 SF Class B office building built in 2003 in Charlottesville, VA.; Located on a 0.13-acre lot at 1020 Carrington Pl, near Rio Rd E.; Two-story building with traditional office layout, including executive suite options.
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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
    1020 Carrington Pl Charlottesville, VA 22901
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