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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1652 State Farm Blvd Charlottesville, VA 22911

3,339 SF 0.97 ac lot Built 1980
Property ID
US87-0766332
Property summary
AI-generated overview

This exceptional 3,339-square-foot office building, located at 1652 State Farm Blvd in Charlottesville, Virginia, presents a unique leasing opportunity. Situated on a 0.97-acre lot, this single-story, Class B building was constructed in 1980 and offers ample parking with 24 spaces. The property is zoned PD-MX (Planned Development Mixed Commercial) within Albemarle County, allowing for versatile usage. Currently vacant, the entire 3,339 square feet is available for lease. The building's previous use as a bank branch provides a well-designed layout adaptable to various office needs, including medical practices. Its convenient location in the Pantops area offers high visibility and proximity to popular businesses such as Starbucks and Giant Food. The property features no elevators, but its single-story design ensures easy accessibility. Annual property taxes are $3.75 per square foot. This is an ideal location for businesses seeking a prominent presence in a thriving Charlottesville commercial district. The property's size and location make it a highly attractive option for a variety of businesses. The ample parking and convenient access to major roadways further enhance its appeal.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1980
Total area 3,339 SF
Lot 0.97 ac (42,253 SF)
UPID US87-0766332
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
  • Truist Bank Loan Service
  • BB&T Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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