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Property profile & analytics
OFF-MARKET
Estimated value
$10,585,000
Warehouses
2365 Hunters Way Charlottesville, VA 22911-7928
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-1057323
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Total area
12,000 SF
Lot
3.6 ac (156,816 SF)
Zoning code
LIGHT INDUSTRY
APN
07900-00-00-004N0
UPID
US87-1057323
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
-
TRS General Contractor
-
Ipos Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.59M
Owner & transaction history
Prime Storage Charlottesville LLC · 5 yrs held
Prime Storage Charlottesville LLC
since 2021
Last sale
$10.5M
2 recorded transactions
Zoning & alternative use
LIGHT INDUSTRY · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Method
Estimation
Statistic approach
$12,420,000
ML approach
$8,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.59M
Range $9.53M – $11.64M · ±10% · vs last sale $10.50M (Mar 4 2021)
Last sale anchor
$10.50M
Mar 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$882 / SF
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
$52,064
Tax year 2024
Assessed value
$6,096,500
Assessed 2024
Previous assessed
$5,183,489
+17.6% YoY
Effective rate
0.85%
On assessed value
Assessed land
$958,100
Assessed improvement
$5,138,400
Land market value
$958,100
Improvement market value
$5,138,400
Total market value
$6,096,500
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
HEAT PUMP
Buildings
4
Stories
2
Total area
12,000 SF
Lot
3.6 ac (156,816 SF)
Zoning code
LIGHT INDUSTRY
APN
07900-00-00-004N0
UPID
US87-1057323
Jurisdiction
ALBEMARLE
Zoning & alternative use
LIGHT INDUSTRY · Charlottesville, VA
Zoning LIGHT INDUSTRY · permitted uses
LIGHT INDUSTRY · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlottesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
HEAT PUMP
Stories
2
Buildings
4
Lot
3.6 ac
Current owner
From public records · entity-resolved
Prime Storage Charlottesville LLC
Entity
Mailing address
83 RAILROAD PL #85, SARATOGA SPRINGS, NY 12866-2124
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
$10,500
Prime Storage Charlottesville LLC
Canopy Charlottesville LLC
Deed
$8,150,000 · Canopy Charlottesville LLC
Dec 16, 2014
$8,373,900
Canopy Charlottesville LLC
Coleman-elder LLC
Grant Deed
—
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.
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