Property profile

2120 Ivy Rd Charlottesville, VA 22903

FOR LEASE
Medical Office Space
Property ID
US87-1612541
5,575 SF 0.22 ac lot Built 1962
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,760 square foot office space is available for sublease at 2120 Ivy Road in Charlottesville, Virginia. Located in a desirable west-side location, this property offers convenient access and ample on-site parking. The building itself totals 5,575 square feet and is classified as both medical and traditional office space, making it suitable for a variety of uses. The space is part of a multi-tenant building, providing a collaborative environment. The property's prime location along Route 250 presents a significant signage opportunity for increased visibility and brand recognition. This sublease presents a unique chance to secure a well-situated office space in a thriving Charlottesville submarket, with the added benefit of readily available parking. The zip code is 22903. This listing is for a single available space within a larger building. The property is ideal for medical office practices, but its versatility makes it suitable for other office-based businesses as well. The space is ready for immediate occupancy.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Total area 5,575 SF
Lot 0.22 ac (9,583 SF)
Zoning code CX-5
APN 70003000
UPID US87-1612541

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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

2120 Ivy Rd Charlottesville, VA 22903
Charlottesville metro Census 700 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

Zoning & alternative use

CX-5 · Charlottesville, VA
Zoning description

CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX IX-5 Industrial Flex 5 IX…

General category MIXED_USE

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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message