13.24 acres for sale · this document has been prepared by colliers international for advertising...
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13.24 ACRES FOR SALE 1300-1304 RICHMOND ROAD | CHARLOTTESVILLE, VA
Richmond Ro
ad
PARCEL 78-67.65 ACRES
PARCEL 78-75.59 ACRES
40,00
0 VPD
1300-1304 RICHMOND ROADPRICE $12.5 M for both parcels
INDIVIDUAL PARCEL $6.25 M for each parcel
ADDRESS 1300-1304 Richmond Road
CITY Charlottesville
STATE VA
COUNTY Albemarle County
PARCEL ID 78-6, 78-7
ACRES13.24 totalTax map 78-6: 7.65 acresTax map 78-7: 5.59 acres
ROAD FRONTAGE ±630 feet on Richmond Road
PARKINGTax map 78-6: 133 parking spacesTax map 78-7: 58 parking spaces
ZONING - H-C - Highway Commercial District
The subject property is located within Albemarle County, VA along the west-ern boundry of Route 250 near the intersection of Stony Point Road and Richmond Road. This is approximately 1/4 mile east of Pantops Shopping Center. Richmond Road is a 4-lane commuter artery with a high concen-tration of commercial property uses in this vicinity. The parcels consist of approximately 566,280 square feet or 13.24 acres of land.
LOCATION SNAPSHOT
Pantops is distinctively situated between several of the Coun-ty’s most important natural, scenic, and historic assets. It is a major entryway into the City
of Charlottesville.
STRATEGIC LOCATIONThe area is undergoing a great transformation through the Pantops Master Plan, which is working to make Pantops more accessible and securing growth
to the area.
FUTURE ACCESS ROAD
13.24 ACRES TOTALPARCEL 78-6 7.65 ACRESPARCEL 78-7 5.59 ACRES
Potential future Wawa
Potential future hotel
BUILDING 1 SPECS (MAIN BUILDING) PARCEL 78-7SIZE 31,400 SF
BUILT 1968
FOUNDATION Concrete block foundation
EXTERIOR WALLS Concrete block
ROOF Flat roof, metal bar-joist and metal deck
FLOORS Commercial carpeting, tile, shop has bare concrete
LIGHTING Flush mounted florescent lighting
HVAC Zoned gas forced air with ducted air conditioning
ELECTRICAL Several 200 amp electric circuit breaker panels
HEATING Forced air ducting, partial suspended oil heaters
AIR CONDITIONING Electric air ducted
CEILING HEIGHTPartial 10’ ceiling, partial open unfinished shop ceilings
GARAGES 16 bays, 22 lifts total
BUILDING 2 SPECS (USED CAR SHOWROOM) PARCEL 78-6SIZE 7,392 SF
BUILT 1996
FOUNDATION Concrete block foundation
BASEMENT Partial basement used for shop area
BUILDING 2 SPECS (USED CAR SHOWROOM) cont.EXTERIOR WALLS Concrete block painted finish
ROOF Flat roof, metal bar-joist and metal deck
FLOORS Commercial carpeting, tile, shop has bare concrete
LIGHTING Flush mounted florescent lighting
HVAC Zoned gas forced air with ducted air conditioning
ELECTRICAL Several 200 amp electric circuit breaker panels
HEATINGForce air ducted, partial suspended heaters in basement
AIR CONDITIONING Electric air conditioning ducted
CEILING HEIGHTPartial 10’-12’ ceilings, partial open unfinished shop ceilings
GARAGES 5 bays at basement level
BUILDING 3 SPECS (DETACHED METAL SHOP) PARCEL 78-7SIZE 4,000 SF
BUILT 1987
BUILDING 1 BUILDING 1
BUILDING 2
BUILDING 3
PARCEL78-7
PARCEL78-6
GUADALAJARAMexican Restaurant
Richmond Rd
Martha Jefferson Hospital
Potential site of Hotel/Gas Station
FUTURE ACCESS ROAD
40,000 VPD
UNDER CONSTRUCTION200 RESIDENCES
UNDER CONSTRUCTION200 RESIDENCES
NEW RESIDENTIAL167 RESIDENCES
NEW RESIDENTIAL350 RESIDENCES
UNDER CONSTRUCTION34 RESIDENCES
250
CHARLOTTESVILLE
250
Peter Jefferson Pkwy
Martha JeffersonHospital
29
UNDER CONSTRUCTION200 RESIDENCES UNDER CONSTRUCTION
200 RESIDENCES
NEW RESIDENTIAL167 RESIDENCES
NEW RESIDENTIAL350 RESIDENCES
NEW RESIDENTIAL800 RESIDENCES
Pantops is a major entryway into the City of Charlottesville.
Monticello
JeffersonVineyardsPiedmont Virginia
Community College
Universityof Virginia
CunninghamCreek Winery
Fruit HillOrchard
Thistle GateVineyard
AntiochBrewing CompanyJames River
Brewing
Lake MonticelloGolf Club
Laurel RidgeGolf Club
GlenmoreCountry Club
Spring CreekGolf Club
Bike Trail
MeadowcreekGolf Course
BirdwoodGolf Course
CHARLOTTESVILLE 1.6 MILESRICHMOND 69 MILESWASHINGTON, DC 117 MILESROANOKE 123 MILES
2018 ESTIMATED DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES2018 Population - Current Year Estimate 7,429 52,007 100,198
2023 Population - Five Year Projection 8,216 56,017 107,017
2010-2018 Annual Population Growth Rate 2.16% 1.63% 1.33%
2018-2023 Annual Population Growth Rate 2.03% 1.50% 1.33%
HOUSEHOLDS2018 Households - Current Year Estimate 3,561 21,826 40,077
2023 Households - Five Year Projection 3,920 23,540 42,984
2010-2018 Annual Household Growth Rate 1.97% 1.69% 1.45%
2018-2023 Annual Household Growth Rate 1.94% 1.52% 1.41%
HOUSEHOLD INCOME2018 Average Household Income $99,230 $81,618 $81,055
2023 Average Household Income $119,636 $97,359 $95,139
2018 Median Household Income $69,451 $55,032 $55,909
2023 Median Household Income $81,248 $65,044 $63,991
HOUSING VALUE2018 Median Value of Owner Occupied Housing Units
$348,519 $322,977 $320,832
2018 Average Value of Owner Occupied Housing Units
$428,759 $401,764 $410,647
PLACE OF WORK2018 Businesses 541 3,445 5,674
2018 Employees 27,260 83,782 118,190
CHARLOTTESVILLE OVERVIEWCharlottesville is nestled in the shadows of the Blue Ridge Mountains in western Central Virginia. Named in honor of Princess Charlotte, the wife of George III, Charlottesville was settled in the 18th century on a hill overlooking the Rivanna River. Today the city proper has a population of more than 42,000 with a metropolitan population nearing 200,000. The City is still infused with the revolutionary ideals of the founding fathers who once called it home. It hails Thomas Jeffer-son’s memory, as it houses his stunning home and 5,000-acre plantation, Monticello, as well as his beloved University of Virginia. As the city’s number one employer, the historic University is an enormous financial asset to the community, providing it with a stable workforce.
The City offers a colorful variety of social, cultural and recreational activities and events. It con-tains 26 parks and an extensive series of walking trails that run through residential areas and the beautiful Rivanna River. An evening walk down city streets will reveal a creative community burst-ing with art, music and theatre. The downtown pedestrian mall is one of the most successful of its kind, boasting over 150 charming shops and award-winning restaurants. Several prominent amphitheaters and arenas often draw headline comedians, actors and musicians to the area. Popular activities among residents include world-class tennis, golf, hiking, ballooning, horseback riding and racing, tubing, fishing, biking, and antiquing. Charlottesville’s central location allows for countless daytrips and weekend getaways. A half-hour west is Skyline Drive, the Blue Ridge Parkway, and Shenandoah National Park, and a three-hour drive to the east brings you to sandy beaches. Richmond, the state capital, is just one hour away by car, and Washington, D.C. is just two hours north. Charlottesville averages over 200 days of sunshine a year. It is continually voted as one of the best places to live and do business in the country. The community has a reputation for having the best of both worlds — a small town atmosphere with convenient access to good jobs, fine dining and shopping.
MARKET SUMMARY AWARDS & RECOGNITION
AMERICA’S SMARTEST CITY
Lumosity.com 2013
#15ROMANTIC CITIES Livability.com 2013
MO
ST
TASTIEST TOWNS IN THE SOUTH Southern Living Magazine 2012
#5
“AMERICA’S BEST INTERGENERATIONAL COMMUNITIES”Met Life & Generations United 2012
ON
E O
F
BEST COLLEGE FOOTBALL TO
WN
Associate Press Readers
U.S. WINE REGIONS GIVING NAPA VALLEYA SERIOUS RUN FOR ITS MONEY Architectural Digest 2017
ONE OF SEVEN
SAFEST MID-SIZED CITIES IN THE COUNTRY
Farmers Insurance
#18
BEST PLACES TO LIVE Livability.com 2017
#5
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Charlottesville, VA 22902 T +1 434 974 7377
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ROB STOCKHAUSEN Managing Director+1 434 284 4004
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13.24 ACRES FOR SALE 1300-1304 RICHMOND ROAD | CHARLOTTESVILLE, VA