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Property profile

968 Olympia Dr Charlottesville, VA 22911

FOR LEASE
Medical Office Space
Property ID
US87-2139152
12,000 SF 78 ac lot Built 2019
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Property summary

AI-generated overview

This exceptional 5,850-square-foot Class A office space is situated in the desirable Pantops submarket of Charlottesville, Virginia. Located at 968 Olympia Drive, this first-floor suite is part of a larger, two-story, 12,000-square-foot building constructed in 2019. The property sits on a substantial 78 acres and offers multiple tenancy options. The space is immediately available and is ideal for a variety of uses, including medical, traditional, or executive offices. Its modern design and efficient layout provide a highly functional and attractive workspace. The building's Class A designation reflects its high-quality construction and amenities. The location in Albemarle County, within the vibrant Pantops submarket, offers excellent accessibility and visibility. This is a rare opportunity to secure a significant amount of premium office space in a highly sought-after area of Charlottesville. The property's ample size allows for customization to suit specific business needs. With its convenient location and modern features, this property represents a compelling investment opportunity for businesses seeking a prestigious and functional office environment. The 5,850 square feet represents the maximum contiguous space available, though smaller portions may be considered.

Property profile

Verified
Property type Medical Office Space
Year built 2019
Total area 12,000 SF
Lot 78 ac (3,397,680 SF)
UPID US87-2139152

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
  • Civil Engineer Engineer

Location

968 Olympia Dr Charlottesville, VA 22911
Charlottesville metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history

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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