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Property profile & analytics
FOR SALE
Turn key restaurants
1791 Richmond Rd Charlottesville, VA 22911
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US87-0815314
For Sale
Contact for pricing
1791 Richmond Rd, Charlottesville, VA 22911
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
7,332 SF
Lot
2.02 ac (87,817 SF)
Zoning code
PLANNED DEV. MIXED COMM.
APN
07800-00-00-020B0
UPID
US87-0815314
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1791 Richmond Road LLC · 9 yrs held
1791 Richmond Road LLC
since 2017
5 recorded transactions
Zoning & alternative use
PLANNED DEV. MIXED COMM. · Charlottesville, VA
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charlottesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlottesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,469
Tax year 2024
Assessed value
$2,982,300
Assessed 2024
Previous assessed
$2,860,600
+4.3% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,375,500
Assessed improvement
$1,606,800
Land market value
$1,375,500
Improvement market value
$1,606,800
Total market value
$2,982,300
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
2008
Heating
HEAT PUMP
Stories
1
Total area
7,332 SF
Lot
2.02 ac (87,817 SF)
Zoning code
PLANNED DEV. MIXED COMM.
APN
07800-00-00-020B0
UPID
US87-0815314
Jurisdiction
ALBEMARLE
Zoning & alternative use
PLANNED DEV. MIXED COMM. · Charlottesville, VAZoning PLANNED DEV. MIXED COMM. · permitted uses
PLANNED DEV. MIXED COMM. · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code PDF
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
1791 Richmond Road LLC
Entity
Mailing address
1522 RUTLEDGE AVE, CHARLOTTESVILLE, VA 22903-1418
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
—
1791 Richmond Road LLC
—
Deed
related
$2,508,000 · First Bank
Aug 4, 2017
$2,832,500
1791 Richmond Road LLC
Charlottesville Land LLC
Grant Deed
$708,794 · Wells Fargo Bk
Jun 27, 2008
—
Charlottesville Land LLC
—
Deed Of Trust
related
$1,900,000 · Stellarone Bank
—
—
Charlottesville Land LLC
—
Loan Modification
related
—
—
—
Charlottesville Land LLC
—
Deed Of Trust
related
$49,000 · Inskeep Louise Family Tr (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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