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547 W Rio Rd. - Oakleigh Lot 1

1.2 Acres of Commercial Land Offered at $1,220,044 in Charlottesville, VA 22901

Commercial Land Virginia Charlottesville 547 W Rio Rd., Charlottesville, VA 22901

Investment Highlights

  • Opportunity Zone
  • W Rio Rd. Frontage
  • Pad Ready

Executive Summary

Prime Charlottesville Location, Pad Ready, OZ.
Storm water system in place.

Attachments

Oakleigh Brochure Lots 1&2

Property Facts

Price $1,220,044 Property Subtype Commercial
Sale Type Investment Total Lot Size 1.20 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Price $1,220,044
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.20 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 1

Price $1,220,044 Lot Size 1.20 AC
Price Per AC $1,016,703.33
Price $1,220,044
Price Per AC $1,016,703.33
Lot Size 1.20 AC

1.22 acre fully improved lot available for sale or build to suit. The lot fronts W Rio Rd. There is an approved site plan for a 14,400 SF office building with 8 apartments on the third floor. Opportunity Zone. Underground storm water system in place.

Description

Two pad ready infill sites Charlottesville, VA. Opportunity Zone.

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PROPERTY TAXES

Parcel Number 04500-00-00-026A7 Improvements Assessment $24,615,400
Land Assessment $1,586,900 Total Assessment $26,202,300

PROPERTY TAXES

Parcel Number
04500-00-00-026A7
Land Assessment
$1,586,900
Improvements Assessment
$24,615,400
Total Assessment
$26,202,300

zoning

Zoning Code Neighborhood Model (Commercial / Mixed Use)
Neighborhood Model (Commercial / Mixed Use)
(434) 960-6464

Contact

  • Listing ID: 23474783

  • Date on Market: 6/21/2021

  • Last Updated:

  • Address: 547 W Rio Rd., Charlottesville, VA 22901

The Land Property at 547 W Rio Rd., Charlottesville, VA 22901 is currently available for sale. Contact O’Connell Realty and Investments LLC for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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547 W Rio Rd., Charlottesville, VA for sale Primary Photo- Image 1 of 2
Lot 2 Rendering

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547 W Rio Rd. - Oakleigh Lot 1
(434) 960-6464 x

547 W Rio Rd. - Oakleigh Lot 1

John O'Connell

(434) 960-6464

(434) 960-6464

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