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    Property profile & analytics

    2223 India Rd Charlottesville, VA 22901

    • Retail properties
    • 19,602 SF
    • 0.45 lot acres
    For Sale
    View listing
    $930,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 2223 India Rd

    Lot size
    0.45 lot acres
    Property size
    19,602 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This exceptional 0.45-acre lot in Charlottesville, VA, presents a unique value-add investment opportunity. Currently housing a 19,602 square foot Dunkin' storefront at 2223 India Rd, this Class B property is priced at $930,000 ($47.44/sq ft). The property's strategic location, situated between a former Kmart and a Sherwin Williams, offers significant visibility and accessibility. Zoned HW, a new city ordinance allows for the addition of office or residential floors, expanding development potential. The property's single-tenant occupancy provides a stable income stream, while the value-add potential unlocks significant future growth. This is an ideal site for a single retail tenant or a mixed-use development. The address is 2223 India Rd, Charlottesville, VA 22901. An additional address associated with the property is 2035 India Rd, Charlottesville, VA 22901. The legal ownership is 100 Zan Road, LLC.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.4895
    Latitude
    38.0623

    Comparable in this City

    • Value Estimation by Request
      6,200 SF

      355 Albemarle Sq

      Restaurants • 6,200 SF
      355 Albemarle Sq, Charlottesville, VA 22901
      View Details
    • Value Estimation by Request
      31,081 SF

      340 Greenbrier Dr

      RETAIL STORES (PERSONAL SERVICES) • 31,081 SF
      340 Greenbrier Dr, Charlottesville, VA 22901-1694
      View Details
    • Value Estimation by Request
      39,122 SF

      1885 Seminole Trl

      RETAIL STORES (PERSONAL SERVICES) • 39,122 SF
      1885 Seminole Trl, Charlottesville, VA 22901-1160
      View Details
    • Value Estimation by Request
      11,000 SF

      975 Seminole Trl, Unit 981

      RETAIL STORES (PERSONAL SERVICES) • 11,000 SF
      975 Seminole Trl, Charlottesville, VA 22901-2824
      View Details
    • Value Estimation by Request
      4,560 SF

      1804 Hydraulic Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,560 SF
      1804 Hydraulic Rd, Charlottesville, VA 22901-2840
      View Details
    • Value Estimation by Request
      7,603 SF

      2817 Hydraulic Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,603 SF
      2817 Hydraulic Rd, Charlottesville, VA 22901-8918
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      1,600 SF

      Retail Spaces For Lease

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      1900-1980 Rio Hill Ctr, Charlottesville, VA 22901
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      2,820 SF office suite across from Stonefield Shopping Center.
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      52,700 SF

      Sublease Retail Space Available

      52,700 SF retail space available for sublease.
      345-399 Hillsdale Dr, Charlottesville, VA 22901
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    • $18 SF/Yr
      1,700 SF

      Flexible Corner Office/Retail Space

      Adaptable 1,700 SF space with excellent exposure and natural light.
      901 River Rd, Charlottesville, VA 22901
      View Details
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    2223 India Rd
    Charlottesville, VA 22901
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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
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