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Property profile & analytics

300 Rdg St Charlottesville, VA 22902-5554

  • Retail space
  • 1,790 SF
  • 0.23 lot acres
OFF-MARKET
Value Estimations
$240,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-0489316
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 300 Rdg St

Year built
1995
Lot size
0.23 lot acres
Property size
1,790 SF
Zone code
NX-8
Property type
Retail space
APN
280151000
APU
280151000

Description

This attractive, all-brick, two-story retail building (2,880 sq ft) is ideally situated at the corner of Monticello Ave and Ridge St in vibrant downtown Charlottesville, VA. Built in 1995, this property boasts large windows offering abundant natural light, two offices with private entrances and an interconnecting door, and two bathrooms (one per floor). Two small storage rooms, one on each floor, provide additional utility. A functional dumbwaiter connects the main floor and basement. The main floor features two entrances—one from the front parking lot and one from the street. The basement also has two entrances from the rear parking lot. Ample parking is available with 13 spaces (9 in front, 4 in the rear, with potential for expansion). Conveniently located near the downtown mall, UVA, and I-64, this property benefits from a nearby bus stop (lines #1 & 6). The 0.23-acre lot is zoned NX-8, presenting diverse possibilities for a variety of businesses. The asking price is $1,700,000 ($590.28/sq ft). This versatile space is ready for your vision.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $192,000
    Market price range: $62.3k - $192k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $305,000
    MEDICAL BUILDING
    $265,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Charlottesville
County
Charlottesville City
State
Virginia
Longitude
-78.4857
Latitude
38.0284
CBSA code
16820
CBSA name
CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,486
$589,700
$267,100
$856,800
-
$589,700
$267,100
$856,800
More about this property
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