808 Cherry Ave Charlottesville, VA 22903
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 808 Cherry Ave
- Property type
- Commercial real estate
Description
This exceptional 10,988.25 square foot commercial lot, located at 808 Cherry Ave in Charlottesville, Virginia (zip code 22903), is offered at $550,000. The property is zoned R-2 and presents a significant opportunity for commercial development. Owned by Salvaged Assets, LLC, this fully approved site plan offers ample space for a variety of commercial uses. Its strategic location within Charlottesville provides easy access to essential utilities including water, sewer, and electricity. The flexibility of the permitted zoning and the site's existing and proposed use allows for diverse development options. The property's prime location in a thriving business area, coupled with the strong economic growth of the surrounding community, makes this an attractive investment for entrepreneurs and investors seeking a foothold in Charlottesville's vibrant commercial landscape. The property's latitude and longitude coordinates are 38.0283913 and -78.4933747 respectively. This is a rare opportunity to acquire a fully approved commercial lot in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charlottesville
- County
- Albemarle
- State
- Virginia
- Longitude
- -78.4933747
- Latitude
- 38.0283913
