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Property profile

3030 Avemore Square Pl Charlottesville, VA 22911

OFF-MARKET
Land
0.78 ac lot
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Property summary

AI-generated overview

This exceptional 0.78-acre commercial land parcel in Charlottesville, Virginia, presents a unique development opportunity. Located at 3030 Avemore Square Pl, zip code 22911, in Albemarle County, this property is zoned for retail and office use and boasts a fully approved site plan for an 11,000 square foot, two-story building. The site plan and architectural review board approvals are already in place, significantly streamlining the development process. The land is conveniently situated with utilities already on-site, and the pad is rough-graded. Furthermore, the parking lot curbing is in place, and a portion of the parking area is already paved. This property offers a significant advantage with its 5+ parking spaces per 1,000 square feet, ensuring ample parking for tenants and customers. This is the only remaining commercial development pad at Avemore, making it a truly exceptional investment opportunity for developers seeking a fast-track project with minimal pre-development hurdles. The property's location in Charlottesville, VA, offers excellent access to a thriving market and strong potential for return on investment. Don't miss this chance to acquire a fully approved, ready-to-build commercial site.

Property profile

Verified
Property type Land
Lot 0.78 ac (33,977 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3030 Avemore Square Pl Charlottesville, VA 22911
Charlottesville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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