1820 BroadwayCharlottesville, VA 22902

  • Manufacturing properties
  • 10,930 SF
Off market
$23,243,570 Estimated

Property Details for 1820 Broadway

Year built
1975
Lot size
2.32 AC
Property size (Sq ft)
10,930 SF
Zone code
LIGHT INDUSTRY
Property type
Manufacturing properties
APN
07700-00-00-040E0
APU
077000000040E0

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,701,710
    6.5%
    $5,263,120
    7%
    $4,887,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,496,550
    Geo Method
    $3,496,550
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $2,717,480
    Mixed-Use / Specialty
    $2,722,440
    Hospitality / Lodging
    $2,016,430
    Office
    $2,721,520
    Institutional / Educational
    $2,835,470
    Residential Income
    $3,317,500
    Multifamily
    $3,897,650
    Automotive / Energy
    $2,430,410
    Parking / Income-Based Land
    $824,236
    Restaurant / Food Service
    $1,447,220
    Healthcare / Senior Housing
    $2,776,790

Location Insight

City
Charlottesville
County
Albemarle
State
Virginia
Latitude
38.0213
Longitude
-78.4578
CBSA code
16820
CBSA name
CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,638
$980,300
$1,085,000
$2,065,300
-
$980,300
$1,085,000
$2,065,300

FAQs

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