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Property profile & analytics

420 Park St Charlottesville, VA 22902-4738

  • Office Properties & Spaces
  • 3,822 SF
  • 0.18 lot acres
OFF-MARKET
Value Estimations
$345,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-1565564
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

  • Law Offices of Frank Buck PLLC / Law Firm
  • Burke & Associates / Legal Services
  • Woodruff Jonathan S / Attorney
  • Bain Jr Edward H / Attorney

Property Details for 420 Park St

Year built
1920
Lot size
0.18 lot acres
Property size
3,822 SF
Zone code
CX-5
Property type
Office Properties & Spaces
APN
530120000
APU
530120000

Description

This exceptional 4,000 square foot office building, located in the heart of Charlottesville City, presents a unique opportunity for businesses seeking a blend of historic character and contemporary functionality. Built in 1900 and extensively renovated in 2015, the property boasts three suites, with 1,750 square feet currently available for lease. The minimum leasable space is 1,750 square feet, offering a single, contiguous space ideal for a growing company. The building features convenient on-site parking with five spaces available for tenants. The available space is located on the second floor and is accessed via stairs. The property's prime location in Charlottesville City offers easy access to a vibrant downtown area, rich with amenities and cultural attractions. The only additional cost beyond rent is internet service. The APN is 6361.000000000000000. This is an excellent opportunity to establish a presence in a desirable and well-maintained building with a rich history. The building's classic architecture complements its modern upgrades, creating a sophisticated and productive work environment. The spacious layout provides ample room for various office configurations, catering to the needs of a diverse range of businesses. Don't miss this chance to secure a prominent location in a thriving city.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $305,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $385,000
    Market price range: $174k - $546k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $350,000
    Current use
    AUTO REPAIR, GARAGE
    $360,000
    Change: +4% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Charlottesville
County
Charlottesville City
State
Virginia
Longitude
-78.4763
Latitude
38.0327
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
$10,269
$494,700
$559,500
$1,054,200
-
$494,700
$559,500
$1,054,200
More about this property
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