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Property profile & analytics
OFF-MARKET Estimated value $1,370,000
Assisted living facilities

1242 Cedars Ct Charlottesville, VA 22903-4800

48,767 SF 2.98 ac lot Built 1967
Entity Owned Free & Clear
Property ID
US87-1418411
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Total area 48,767 SF
Lot 2.98 ac (129,809 SF)
Zoning code NX-5
APN 40B004000
UPID US87-1418411
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cedars Healthcare Center Nursing Home
  • Nidhi Arora Physician
  • Cedars Rehabilitation Department Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.37M
Owner & transaction history
NATIONWIDE HEALTH PROPERTIES FINANCE CORP
NATIONWIDE HEALTH PROPERTIES FINANCE CORP
Zoning & alternative use
NX-5 · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 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 Individual Protected Properties -HC Historic Conservation -EC Entrance Corridors -NC Core Neigh…

Zone name Node Mixed Use 5
General category MIXED_USE
Zone area 69.94 ac
Source Development Code PDF
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