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Property profile & analytics
OFF-MARKET Estimated value $500,000
Turn key restaurants

1517 University Ave 19 Charlottesville, VA 22903-2636

9,970 SF 0.11 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
Property ID
US87-1440629
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 9,970 SF
Lot 0.11 ac (4,792 SF)
Zoning code CX-3
APN 90081000
UPID US87-1440629
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$586k
Blend (final) Blend
$500k
Owner & transaction history
TIGER INVESTMENTS, LLC
TIGER INVESTMENTS, LLC
Zoning & alternative use
CX-3 · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CX-3 Corridor Mixed Use 3 CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 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…

Zone name Corridor Mixed Use 3
General category MIXED_USE
Zone area 121.87 ac
Source Development Code PDF
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