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Property profile & analytics
OFF-MARKET
Land

3396 Berkmar Dr Charlottesville, VA 22901

0.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Charlottesville, Virginia. Located at 3396 Berkmar Drive, this property boasts multiple parcels ranging from 0.98 to 2.5 acres, all zoned for Highway Commercial use. The strategic location provides excellent visibility and accessibility, with convenient access and signage opportunities from both Berkmar Drive and Route 29, ensuring high traffic exposure for any development. The land is pad-ready, streamlining the development process and minimizing upfront costs. Furthermore, the site offers significant build-to-suit possibilities, allowing for customized development to meet specific business needs. A pre-approved site plan for a self-storage facility is already in place, providing a viable and potentially lucrative development option. This prime location in Albemarle County, Virginia, with its zip code 22901, presents an ideal investment for developers seeking high-impact commercial projects. The latitude and longitude coordinates are 38.09374573849388 and -78.47168474605341 respectively. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving market.

Property profile
Verified
Property type Land
Lot 0.98 ac (42,689 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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