Property profile

510 Locust Ave Charlottesville, VA 22902

OFF-MARKET
Medical Office Space
Property ID
US87-1529121
4,128 SF 0.17 ac lot Built 1959
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Total area 4,128 SF
Lot 0.17 ac (7,405 SF)
Zoning code CX-3
APN 540004100
UPID US87-1529121

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Location

510 Locust Ave Charlottesville, VA 22902-4811
Charlottesville metro Census 302 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

Zoning & alternative use

CX-3 · Charlottesville, VA
Zoning description

CX-3 Corridor Mixed Use 3 CX-5 Corridor Mixed Use 5 CX-8 Corridor Mixed Use 8 NODE MIXED USE NX-3 Node Mixed Use 3 NX-5 Node Mixed Use 5 NX-8 Node Mixed Use 8 NX-10 Node Mixed Use 10 DX Downtown Mixed Use INDUSTRIAL FLEX…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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