915 High StCharlottesville, VA 22902

  • Office properties
  • 12,495 SF

Property Details for 915 High St

Year built
1969
Lot size
4.50 AC
Property size (Sq ft)
12,495 SF
Zone code
NX-10
Property type
Office properties
APN
530247000
APU
530247000

Description

This exceptional Class A office building at 915 East High Street in Charlottesville's City Center offers 112,750 square feet of premium workspace. Two spaces are currently available, ranging from 3,500 to 29,886 contiguous square feet, with a minimum divisible space of 10,965 square feet. The six-story building, renovated in 2014, boasts LEED Gold certification, reflecting its commitment to sustainability. Energy efficiency is maximized through hidden solar panels and solar hot water tubes, resulting in approximately 20% less energy consumption than comparable buildings. A gray water reuse system reduces public water intake by 70%. Amenities include a state-of-the-art fitness center and 326 surface parking spaces. The building's desirable location places it steps from the Downtown Mall and the University of Virginia. High ceilings, flexible layouts, and abundant natural light create appealing and productive work environments. This property offers a unique blend of modern amenities, sustainable design, and a prime Charlottesville location, making it an ideal choice for businesses seeking high-quality office space. The building features a diverse tenant mix and is easily accessible.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,973,938
    6.5%
    $2,745,174
    7%
    $2,549,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,498,250
    Geo Method
    $2,498,250
  • Alternative Use

    Use
    Valuation
    Residential
    $3,404,015
    Hospitality
    $3,118,060
    Educational
    $2,594,189
    Medical
    $2,683,407
    Retail
    $4,035,405

Location Insight

City
Charlottesville
County
Charlottesville City
State
Virginia
Latitude
38.0321
Longitude
-78.4725
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
2023
$433,627
$7,150,800
$30,143,500
$37,294,300
-
$7,150,800
$30,143,500
$37,294,300

FAQs

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