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    Property profile & analytics

    684 Berkmar Cir Charlottesville, VA 22901-1464

    • Office buildings
    • 1,546 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US87-0791801
    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

    • Lebo Commercial Properties / Real Estate Agency
    • The Shank Group / Insurance Agency
    • C-Ville Financial / Financial Planner
    • Superior Roofing / Roofing Contractor

    Property Details for 684 Berkmar Cir

    Year built
    2000
    Lot size
    0.07 lot acres
    Property size
    1,546 SF
    Zone code
    PLANNED DEV. MIXED COMM.
    Property type
    Office buildings
    APN
    061M0-00-14-002C0
    APU
    061M00014002C0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $325,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $305,000
      Mixed-Use
      $275,000
      Hospitality
      $275,000
      Educational
      $295,000
      Residential Income
      $295,000
      Energy
      $325,000
      Income-Based Land
      $345,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.4782
    Latitude
    38.0847
    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
    2024
    $3,061
    $71,200
    $287,200
    $358,400
    -
    $71,200
    $287,200
    $358,400

    Comparable in this City

    • Value Estimation by Request
      15,272 SF

      400 Westfield Rd

      OFFICE BUILDING • 15,272 SF
      400 Westfield Rd, Charlottesville, VA 22901-1642
      View Details
    • Value Estimation by Request
      4,884 SF

      3510 Remson Ct Ste, Unit 301

      OFFICE BUILDING • 4,884 SF
      3510 Remson Ct Ste, Charlottesville, VA 22901-3509
      View Details
    • Value Estimation
      $230,000
      940 SF

      673 Berkmar Cir

      OFFICE BUILDING • 940 SF
      673 Berkmar Cir, Charlottesville, VA 22901-1464
      View Details
    • Value Estimation
      $180,000
      710 SF

      697 Berkmar Cir

      OFFICE BUILDING • 710 SF
      697 Berkmar Cir, Charlottesville, VA 22901-1464
      View Details
    • Value Estimation by Request
      2,290 SF

      2131 Berkmar Dr

      OFFICE BUILDING • 2,290 SF
      2131 Berkmar Dr, Charlottesville, VA 22901-1423
      View Details
    • Value Estimation by Request
      11,742 SF

      3315 Berkmar Dr

      OFFICE BUILDING • 11,742 SF
      3315 Berkmar Dr, Charlottesville, VA 22901-1491
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      200,000 SF

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      Charlottesville, VA: 200,000 SF Available Now
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      View Details
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    Charlottesville, VA 22901-1464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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