355 Albemarle Sq Charlottesville, VA 22901
This exceptional 6,200 square foot free-standing building presents a unique opportunity for a restaurant or special purpose tenant. Located in Albemarle County on Seminole Trail/Route 29, this single-tenant property boasts unparalleled visibility and accessibility. Previously occupied by an Outback Steakhouse, the building benefits from its prime location within a thriving shopping center. Neighboring businesses include a Texas Roadhouse, a high-volume Aldi grocery store, and a leading health club, ACAC, ensuring a consistent flow of potential customers. The property's strategic position along Route 29, a major thoroughfare with exceptionally high traffic counts, guarantees maximum exposure. With five new tenants joining the nearly full shopping center, this location offers an ideal environment for growth and success. The property's APN is 491241917733. This is the only available restaurant space directly facing Route 29 in this highly desirable market, making it an exceptional investment opportunity. The entire 6,200 square feet is currently vacant and ready for immediate occupancy.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.