1440 Sachem PlCharlottesville, VA 22901

Property Details for 1440 Sachem Pl

Year built

2001

Lot size

0.86 AC

Property size (Sq ft)

9,556 SF

Zone code

PLANNED UNIT DEVELOPMENT

Property type

Office buildings

APN

061W1-02-10-00100

APU

061W1021000100

Description

This exceptional 9,556-square-foot executive office condo in Charlottesville, Virginia, presents a unique investment or owner-user opportunity. Located at 1440 Sachem Place, this two-story, all-brick building sits on a 0.86-acre lot and boasts ample parking. Built in 2001, the property is zoned C1 Commercial and features a single unit spread across two stories. Its convenient location in Northern Charlottesville offers easy access to restaurants, shopping centers, and is only three miles from Charlottesville-Albemarle Airport. The property's proximity to Albemarle High School adds to its appeal. Currently occupied by a federal government contractor, the space includes a TSSCI (SCIF Space), providing significant potential for continued high-demand tenancy. The asking price is $1,790,000, translating to $187.32 per square foot. The property's APN is 061W1-02-10-00100. Showings are available after 5 PM. This is a rare opportunity to acquire a well-located, high-quality office space with a strong tenant in place. The property's features and location make it an ideal investment for those seeking a stable, high-return asset in a thriving market. The building's solid construction and ample parking further enhance its desirability.

• CAP approach

  CAP return

  Valuation

  6%

  $2,274,426

  6.5%

  $2,099,470

  7%

  $1,949,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,910,627

  Geo Method

  $1,910,627

• Alternative Use

  Use

  Valuation

  Residential

  $2,603,343

  Hospitality

  $2,384,648

  Educational

  $1,983,999

  Medical

  $2,052,232

  Retail

  $3,086,221

Location Insight

City

Charlottesville

County

Albemarle

State

Virginia

Latitude

38.0757

Longitude

-78.4951

CBSA code

16820

CBSA name

CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.