Technical
Financial
Distress signals
Property profile

2474 Old Ivy Rd Charlottesville, VA 22903

OFF-MARKET
Manufacturing properties
Property ID
US87-1299993
21,207 SF 3.18 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Total area 21,207 SF
Lot 3.18 ac (138,564 SF)
Zoning code C1 COMMERCIAL
APN 06000-00-00-049B0
UPID US87-1299993

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
  • Business Service Center Corporate Office

Location

2474 Old Ivy Rd Charlottesville, VA 22903-4827
Charlottesville metro Census 10901 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M

Owner & transaction history

Zoning & alternative use

C1 COMMERCIAL · Charlottesville, VA
Top alternative use upside
Medical building $1.9M +49.0%
Restaurant $1.8M +45.6%
Retail stores $1.7M +31.4%

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?”
You own 2474 Old Ivy Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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