405 Premier Cir Charlottesville, VA 22901
- Motels
- 39,936 SF
- 3.75 lot acres
Current Use by Public Records
- Motels
Property Details for 405 Premier Cir
- Year built
- 1987
- Lot size
- 3.75 lot acres
- Property size
- 39,936 SF
- Zone code
- C1 COMMERCIAL
- Property type
- Motels
- APN
- 061M0-00-00-00600
- APU
- 061M0000000600
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,245,000
- 6.5%
- $4,380,000
- 7%
- $4,425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,335,000
- Geo Method
- $3,955,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,470,000
- Retail
- $4,375,000
- Mixed-Use
- $3,825,000
- Hospitality
- $4,470,000
- Educational
- $4,165,000
- Residential Income
- $4,205,000
- Energy
- $3,555,000
- Income-Based Land
- $4,035,000
- Food Service
- $4,245,000
Location Insight
- Map
- Local Demand
- City
- Charlottesville
- County
- Albemarle
- State
- Virginia
- Longitude
- -78.4832
- Latitude
- 38.073
- CBSA code
- 16820
- CBSA name
- CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA