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Financial
Distress signals
Property profile

404 People Pl Charlottesville, VA 22911

OFF-MARKET
Office buildings
Property ID
US87-1098731
26,280 SF 3.94 ac lot Built 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 3,655-square-foot office space, located at 404 People Place, Suite 301, Charlottesville, VA 22911, offers a versatile layout ideal for various uses. Previously occupied by a dental practice, this single-tenant space features multiple entrances/exits for convenient access. Situated on Pantops Mountain, the property enjoys excellent visibility and accessibility from Richmond Road and South Pantops. The third-floor suite is conveniently served by both elevator and stairwell access within a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$97k
Tax billed · 2024
Assessed value$11.37M
Assessed land$3.84M
Assessed improvement$7.53M
Effective rate0.85%

Value estimate

· Oct 2026
$4.79M
$4.31M – $5.26M
Submarket $/SF estimate$4.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$194 – $356

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NMD
JurisdictionALBEMARLE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply23.3
Realty agency18.8
Wholesale Shop15.6

Location

404 People Pl Charlottesville, VA 22911-3580
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2055 Abbey, Charlottesville, VA 22911-3540 $1,961,947 Jun 2022 8,564 SF
1758 Worth, Charlottesville, VA 22911-7486 $1,715,000 Mar 2021 8,052 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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