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Property profile & analytics
OFF-MARKET
Office buildings

501 Faulconer Dr Ste 1a Charlottesville, VA 22903-4980

1,412 SF 0.09 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
Property ID
US87-0973508
Property summary
AI-generated overview

This exceptional 1,412 square foot executive office suite is ideally situated just off Old Ivy Road, offering unparalleled convenience and accessibility. Located in a Class C building constructed in 1985, this single-tenant space boasts a ground-level entry point, ensuring ease of access for all, including those with disabilities. The property sits on a generous 3.01-acre lot and is part of a larger building totaling 8,004 square feet, spread across two stories. Ample on-site parking is available for tenants and their clients. The building's convenient location provides easy access to major thoroughfares, including the 250 Bypass, and is in close proximity to Farmington, St. Anne’s Belfield School, the University of Virginia's Darden School of Business, and the University of Virginia School of Law. The zoning designation is CO. The property features a total of one building and is identified by APN 475849905808. This is a fantastic opportunity for businesses seeking a well-located, accessible, and conveniently sized office space with excellent connectivity to the surrounding area. The net monthly rent is $2,059.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 1,412 SF
Lot 0.09 ac (3,920 SF)
Zoning code COMMERCIAL OFFICE
APN 076C0-05-00-001A0
UPID US87-0973508
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ivy Wealth Partners Financial Advisor
  • Georgetown Learning Centers Training Center Tutoring Service
  • Quadrant Investment Bankers Bank Loan Service
  • Richard T. Goodling, MSW Foster Care Service Social Service Agency
  • Couric Krebs Financial - Northwestern Mutual Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Quarles Offices LLC · 3 yrs held
Quarles Offices LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
COMMERCIAL OFFICE · Charlottesville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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