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Property profile & analytics
OFF-MARKET Estimated value $805,000
Hotels

1600 Emmet N St Charlottesville, VA 22901-2809

52,985 SF 1.45 ac lot Built 1960
Entity Owned Free & Clear
Property ID
US87-1739475
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1960
Total area 52,985 SF
Lot 1.45 ac (63,162 SF)
Zoning code NX-10
APN 40A015000
UPID US87-1739475
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
  • Country Inn & Suites by Radisson, Charlottesville-UVA, VA Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$905k
Blend (final) Blend
$805k
Owner & transaction history
BBP CHARLOTTESVILLE HOTEL LLC
BBP CHARLOTTESVILLE HOTEL LLC
Zoning & alternative use
NX-10 · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Individual Protected Properties -HC Historic Conservation -EC Entrance Corridors -NC Core Neighborhood Corridors 2-1 CHARLOTTESVILLE, VA |…

Zone name Node Mixed Use 10
General category MIXED_USE
Zone area 251.27 ac
Source Development Code PDF
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