163 Community St Charlottesville, VA 22911
This Class A, 300,000 square foot retail center, located at 163 Community St, Charlottesville, VA 22911, presents a unique investment opportunity. Built in 2005, the property sits on a 12.93-acre lot and is zoned PDMC. The center is anchored by Target and Harris Teeter, ensuring high foot traffic and visibility. Currently, there are multiple spaces available, ranging from a minimum of 1,365 square feet to a maximum contiguous space of 4,935 square feet, with a total of 13,146 square feet currently vacant. The property is situated in the Profit submarket within the Hollymead submarket cluster, offering excellent access and exposure. Ideal for a variety of retail or restaurant uses, this center provides a strong foundation for business growth. The property's location in Charlottesville, Virginia, offers a thriving market with a diverse population and strong consumer base. This is an exceptional opportunity to secure space in a well-established and highly visible retail center. The minimum divisible space is 1,365 square feet, providing flexibility for businesses of various sizes. The property's high-quality construction and prime location make it an attractive option for discerning tenants seeking a successful retail venture.
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Hollymead Town Center Restaurant
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Starbucks Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.