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Property profile & analytics
OFF-MARKET
Commercial real estate

2636 Hydraulic Rd Charlottesville, VA 22901

0.99 ac lot
Property ID
US87-0862075
Property summary
AI-generated overview

This exceptional 0.99-acre parcel located at 2636 Hydraulic Road in Charlottesville, Virginia, presents a unique investment opportunity. Currently zoned R-2, this property offers significant potential for development. The land is situated in Albemarle County, zip code 22901, and boasts a prime location within a comprehensively planned area designated for Urban Density Residential development. An existing 18-unit concept plan is available, showcasing the property's capacity for multi-family residential construction. The asking price for this versatile land is $500,000. With its convenient location in Charlottesville and its potential for high-density residential development, this property represents a compelling investment opportunity for developers seeking to capitalize on the growing demand for housing in this vibrant area. The property's R-2 zoning provides flexibility for various residential projects, making it an attractive prospect for both experienced developers and those new to the market. Detailed zoning information and the existing 18-unit concept plan are available upon request. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving community. Don't miss out on this chance to build your next successful project.

Property profile
Verified
Property type Commercial real estate
Lot 0.99 ac (43,124 SF)
UPID US87-0862075
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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