1777 Fortune ParkCharlottesville, VA 22911

  • Retail properties
  • 2,984 SF
Off market
$1,614,000 Estimated

Property Details for 1777 Fortune Park

Year built
2007
Lot size
0.55 AC
Property size (Sq ft)
2,984 SF
Zone code
C1 COMMERCIAL
Property type
Retail properties
Property subtype
Drive through restaurants
APN
03200-00-00-042H1
APU
032000000042H1

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,044,027
    6.5%
    $963,717
    7%
    $894,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,503,485
    Geo Method
    $1,503,485
  • Alternative Use

    Use
    Valuation
    Residential
    $812,932
    Hospitality
    $744,641
    Educational
    $619,533
    Medical
    $640,839
    Retail
    $963,717
1777 Fortune Park, Charlottesville, Virginia

Location Insight

City
Charlottesville
County
Albemarle
State
Virginia
Latitude
38.1273
Longitude
-78.44
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
$13,784
$710,200
$903,800
$1,614,000
-
$710,200
$903,800
$1,614,000

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