503 Faulconer Dr Ste 1aCharlottesville, VA 22903

  • Office properties
  • 528 SF
Off market
$126,900 Estimated

Property Details for 503 Faulconer Dr Ste 1a

Year built
1983
Lot size
0.05 AC
Property size (Sq ft)
528 SF
Zone code
COMMERCIAL OFFICE
Property type
Office properties
Property subtype
Office buildings
APN
076C0-03-00-001A0
APU
076C00300001A0

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $125,669
    6.5%
    $116,003
    7%
    $107,717
  • Comparable approach

    Method
    Valuation
    Relative Method
    $105,568
    Geo Method
    $105,568
  • Alternative Use

    Use
    Valuation
    Residential
    $143,843
    Hospitality
    $131,760
    Educational
    $109,622
    Medical
    $113,392
    Retail
    $170,524
503 Faulconer Dr Ste 1a, Charlottesville, Virginia

Location Insight

City
Charlottesville
County
Albemarle
State
Virginia
Latitude
38.0502
Longitude
-78.5244
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
-
$23,800
$103,100
$126,900
-
$23,800
$103,100
$126,900

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