Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Specialty properties
1540 Airport Rd Charlottesville, VA 22911-9092
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0308045
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1990
Total area
5,664 SF
Lot
0.79 ac (34,282 SF)
Zoning code
C1 COMMERCIAL
APN
03200-00-00-04800
UPID
US87-0308045
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
-
Cville Computer Guy Computer & Electronic Repair
-
VETSS Veterinary Clinic
-
Virginia Veterinary Spec Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
1540 Airport Road II LLC · 2 yrs held
1540 Airport Road II LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C1 COMMERCIAL · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charlottesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlottesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,465,000
ML approach
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.43M (Sep 11 2023)
Last sale anchor
$1.43M
Sep 11 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$251 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$1,164,200
Assessed 2024
Previous assessed
$1,157,100
+0.6% YoY
Assessed land
$462,800
Assessed improvement
$701,400
Land market value
$462,800
Improvement market value
$701,400
Total market value
$1,164,200
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1990
Heating
HEAT PUMP
Stories
2
Total area
5,664 SF
Lot
0.79 ac (34,282 SF)
Zoning code
C1 COMMERCIAL
APN
03200-00-00-04800
UPID
US87-0308045
Jurisdiction
ALBEMARLE
Zoning & alternative use
C1 COMMERCIAL · Charlottesville, VA
Zoning C1 COMMERCIAL · permitted uses
C1 COMMERCIAL · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlottesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
HEAT PUMP
Stories
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
1540 Airport Road II LLC
Entity
Mailing address
230 W MONROE ST STE #1920, CHICAGO, IL 60606-4911
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2024
—
1540 Airport Road II LLC
—
Deed
related
$6,780,000 · Live Oak Banking Company
Sep 11, 2023
$1,425,000
1540 Airport Road II LLC
1540 Airport Road LLC
Special Warranty Deed
$25,000,000 · Db 360 Asset Holdings LLC
Jan 24, 2018
$1,020,000
1540 Airport Road LLC
Anta Co LLC
Grant Deed
—
Apr 30, 2010
—
Atna Corp LLC
—
Trustees Deed
related
$206,950 · First Citizens Bank & Trust Co
Nov 13, 2009
—
Atna Corp LLC
—
Trustees Deed
related
$185,854 · First Citizens Bank & Trust Co
Dec 12, 2008
$1,075,000
Atna Corp LLC
Airport Office Center LLC
Grant Deed
$775,000 · Airport Office Center LLC
—
—
Atna Corp LLC
—
Deed Of Trust
related
$211,000 · Tidewater Busn Financing Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1540 Airport Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
