Technical
Financial
Distress signals
Property profile

1650 Rio E Rd Charlottesville, VA 22901

OFF-MARKET
Strip malls
Property ID
US87-0596145
14,743 SF 1.53 ac lot Built 2008
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 14,743 SF
Lot 1.53 ac (66,603 SF)
Zoning code C1 COMMERCIAL
APN 06100-00-00-122A0
UPID US87-0596145

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Business To Business Service
  • Barber Shop
  • Mobile Phone Store Electronics & Wireless Store

Location

1650 Rio E Rd Charlottesville, VA 22901-1589
Charlottesville metro Census 10603 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.55M

Owner & transaction history

since 2022
Last sale
$7.2M
2 recorded transactions
2022
Price N/A
2021
$7.2M

Zoning & alternative use

C1 COMMERCIAL · 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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