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Property profile & analytics
OFF-MARKET Estimated value $900,000
Hotels

1901 Emmet N St Charlottesville, VA 22901-2814

114,681 SF 3.99 ac lot Built 1972
Entity Owned Absentee Owner Free & Clear
Property ID
US87-1735520
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1972
Total area 114,681 SF
Lot 3.99 ac (173,804 SF)
Zoning code NX-8
APN 40C012000
UPID US87-1735520
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
  • Emmet's Restaurant Restaurant
  • Holiday Inn Charlottesville-Univ Area, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$987k
Blend (final) Blend
$900k
Owner & transaction history
EMMET HOTEL, LLC
EMMET HOTEL, LLC
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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