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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Strip malls

1615 Emmet N St Charlottesville, VA 22901-2808

45,780 SF 4.5 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US87-1540840
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 45,780 SF
Lot 4.5 ac (196,020 SF)
Zoning code NX-8
APN 40B001000
UPID US87-1540840
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
  • Best Buy Electronics & Wireless Store
  • Geek Squad Tech Support Center (Bike/Boat/Book/etc) Store
  • THE CHICKEN STRIP Tour Operator
  • Aris kitchen Restaurant
  • World Market Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M
Owner & transaction history
BEST BUY STORES,
BEST BUY STORES,
Zoning & alternative use
NX-8 · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 Neighborhood Corridors 2-1…

Zone name Node Mixed Use 8
General category MIXED_USE
Zone area 78.82 ac
Source Development Code PDF
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