Technical
Financial
Distress signals
Property profile

524 Harris Rd Charlottesville, VA 22903

OFF-MARKET
Motels
Property ID
US87-1367572
14,004 SF 1.06 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2001
Total area 14,004 SF
Lot 1.06 ac (46,304 SF)
Zoning code CX-8
APN 21B004000
UPID US87-1367572

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
  • Atm
  • Hotel & Motel Vacation Rental

Location

524 Harris Rd Charlottesville, VA 22903-4322
Charlottesville metro Census 502 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

CX-8 · Charlottesville, VA
Zoning description

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 IX-5 Industrial Flex 5 IX-8 Industrial Flex 8 SPECI…

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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