Property profile

0 Airport Rd & Dickerson Rd Charlottesville, VA 22911

OFF-MARKET
Land
0.87 ac lot
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Property summary

AI-generated overview

This exceptional 0.87-acre commercial land parcel presents a unique investment opportunity in Charlottesville, Virginia. Strategically located at the intersection of Airport Road and Dickerson Road, this property boasts convenient access to the Charlottesville-Albemarle Airport, enhancing its appeal for businesses requiring proximity to air travel. The lot is zoned C, allowing for a variety of commercial development possibilities. Existing infrastructure includes a parking lot and installed curbs, significantly reducing upfront development costs and expediting the construction process. Essential utilities, including water and sewer services, are readily available on-site, further streamlining the development timeline. The property's 0.87-acre size offers ample space for a range of commercial ventures, from small retail outlets to larger-scale businesses. Its prime location and existing infrastructure make this a highly attractive proposition for investors seeking a well-positioned commercial development site in a thriving Virginia market. The asking price is $335,000. The property's address is Airport Rd & Dickerson Rd, Charlottesville, VA 22911, within Albemarle County.

Property profile

Verified
Property type Land
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

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

Location

Airport Rd & Dickerson Rd 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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