Technical
Financial
Distress signals
Property profile

1159 Millmont St Charlottesville, VA 22903

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1538815
5,004 SF 0.58 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1996
Total area 5,004 SF
Lot 0.58 ac (25,265 SF)
Zoning code NX-10
APN 10001200
UPID US87-1538815

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station
  • Gas Station
  • Bank Credit Union

Location

1159 Millmont St Charlottesville, VA 22903-4868
Charlottesville metro Census 700 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$489k
Blend (final) Blend
$635k

Owner & transaction history

Zoning & alternative use

NX-10 · Charlottesville, VA
Zoning description

NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECIAL CM Campus CV Civic OVERLAY DISTRICTS -FHP Flood Hazard Protection -ADC Architectural Design Control -IPP…

General category MIXED_USE
Top alternative use upside
Office building $930,000 +136.8%
Auto repair, garage $475,000 +20.7%
Medical building $445,000 +13.5%

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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