400 Rio Rd Charlottesville, VA 22901
This exceptional 13,878-square-foot warehouse, situated on a generous 12.59-acre lot (6.29 acres developed) in Charlottesville, Virginia, presents a compelling investment opportunity. Built in the mid-1970s, the property boasts a desirable Light Industrial zoning designation, allowing for a variety of uses. The warehouse features two dock-high doors and two drive-in doors, ensuring efficient loading and unloading. High ceilings, ranging from 14 to 16 feet, provide ample vertical space for storage or operations. Ample parking is available with 112 spaces. The asking price for this well-located Charlottesville warehouse is $5,000,000, translating to $360.28 per square foot. The property's size, features, and zoning make it an ideal choice for businesses seeking a functional and spacious industrial space in a thriving Virginia market. The address is 400 Rio Rd W, Charlottesville, VA 22901. This offering includes approximately 13,878 square feet of warehouse space, plus an additional 1,500 square feet of garage space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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