0 Airport Rd & Dickerson Rd Charlottesville, VA 22911
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.