Property profile

2320 Commonwealth Dr Charlottesville, VA 22901

OFF-MARKET
Medical Office Space
Property ID
US87-0315409
2,640 SF 0.57 ac lot Built 1983
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1983
Total area 2,640 SF
Lot 0.57 ac (24,786 SF)
Zoning code C1 COMMERCIAL
APN 061W0-01-0A-00900
UPID US87-0315409

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

2320 Commonwealth Dr Charlottesville, VA 22901-1622
Charlottesville metro Census 10702 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M

Owner & transaction history

since 2021
Last sale
$1.4M
7 recorded transactions
2021
Price N/A
2021
$1.4M
2021
$985,000
2015
$860,000
2009
$550,800
1969
Price N/A
1969
Price N/A

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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