Technical
Financial
Distress signals
Property profile

1606 Rio E Rd Charlottesville, VA 22901

OFF-MARKET
Retail properties & Spaces
Property ID
US87-1343868
60,000 SF 4.73 ac lot Built 1979
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1979
Total area 60,000 SF
Lot 4.73 ac (206,039 SF)
Zoning code PLANNED DEV. SHP. CNTR.
APN 06100-00-00-131A0
UPID US87-1343868

Cap rate & NOI

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

Location

1606 Rio E Rd Charlottesville, VA 22901-1405
Charlottesville metro Census 10603 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.75M

Owner & transaction history

since 2024
Last sale
$3.8M
7 recorded transactions
2024
Price N/A
2024
$3.8M
2024
$3.8M
2024
Price N/A
2024
Price N/A
2024
Price N/A
2022
Price N/A

Zoning & alternative use

PLANNED DEV. SHP. CNTR. · Charlottesville, VA

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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