You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

808 Cherry Ave Charlottesville, VA 22903

Property ID
US87-1427815
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US87-1427815
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
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 808 Cherry Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message