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Worrell Drive - Peter Jefferson Place Development Parcels
1.95 - 3.94 Acre Commercial Land Lots Offered at $1,295,000 - $1,885,000 Per Lot in Charlottesville, VA 22911
Investment Highlights
- Last two remaining development parcels in the Peter Jefferson Place Campus
- Both parcels are substantially cleared
- Zoned PDMC which is a commercial district allowing for a variety of uses
Executive Summary
Peter Jefferson Place is a dynamic mixed-use campus environment located at the crossroads of Interstate 64 and the Route 250 Bypass (Richmond Road) within close proximity of downtown Charlottesville and the Grounds of the University of Virginia. The park’s occupants benefit from unrivaled natural beauty including lakes and walking trails, a market-leading hospital, Hilton Garden Inn, a new multi-family residential community, art museum, and an ACAC Wellness & Fitness Center.
Lot A:
- 1.95 Acres*
- $1,295,000
- Exceptional Frontage on Route 250
- Excellent visibility
- Substantially cleared
- Convenient access from the lighted intersection at the corner of Route 250 and Worrell Drive
- Benefits from existing roadway infrastructure within park
(*Parcel A building size is limited to 15,000 SF building)
Lot B:
- 3.94 Acres
- $1,885,000
- Prominent, elevated site
- Substantially cleared
- Convenient access from the lighted intersection of State Farm Boulevard and Route 250 leading to Isham Avenue
- Benefits from existing roadway infrastructure within park
Property Facts
| Price | $1,295,000 - $3,180,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 2 | Total Lot Size | 5.89 AC |
| Property Type | Land |
| Price | $1,295,000 - $3,180,000 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.89 AC |
2 Lots Available
Lot A
| Price | $1,295,000 | Lot Size | 1.95 AC |
| Price Per AC | $664,103 |
| Price | $1,295,000 |
| Price Per AC | $664,103 |
| Lot Size | 1.95 AC |
Exceptional Frontage on Route 250 and excellent visibility, the site is substantially cleared. Convenient access from the lighted intersection at the corner of Route 250 and Worrell Drive, benefits from existing roadway infrastructure within park.
Lot B
| Price | $1,885,000 | Lot Size | 3.94 AC |
| Price Per AC | $478,426 |
| Price | $1,885,000 |
| Price Per AC | $478,426 |
| Lot Size | 3.94 AC |
Prominent, elevated site and it is substantially cleared. Convenient access from the lighted intersection of State Farm Boulevard and Route 250 leading to Isham Avenue, benefits from existing roadway infrastructure within park.
Description
Peter Jefferson Place is a dynamic mixed-use campus environment located at the crossroads of Interstate 64 and the Route 250 Bypass (Richmond Road) within close proximity of downtown Charlottesville and the Grounds of the University of Virginia. The park’s occupants bene?t from unrivaled natural beauty including lakes and walking trails, a market-leading hospital, Hilton Garden Inn, a new multi-family residential community, art museum, and an ACAC Wellness & Fitness Center.
zoning
| Zoning Code | PDMC |
| PDMC |
Presented by
Worrell Drive - Peter Jefferson Place Development Parcels
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