2000 Holiday DrCharlottesville, VA 22903

Property Details for 2000 Holiday Dr

Year built

1964

Lot size

1.57 AC

Property size (Sq ft)

28,468 SF

Zone code

NX-10

Property type

Office properties

APN

40A013000

APU

40A013000

Description

This exceptional Class A office building, located at 2000 Holiday Drive in Charlottesville, Virginia, presents a unique investment opportunity. The single-tenant, 27,000 square foot building sits on a generous 3.87-acre lot, offering significant potential for future development. Its prime location at the signalized intersection of Route 250 Bypass and Hydraulic Road ensures exceptional visibility, benefiting from high daily traffic volume (23,000 vehicles per day on Route 250). The building boasts a classic Jeffersonian architectural style, tastefully updated to meet modern standards. The property is zoned NX-10 Node Mixed Use, providing flexibility for a variety of potential uses. The entire 27,000 square feet is currently vacant, presenting a blank canvas for a new tenant or owner-occupier. This is a rare opportunity to acquire a substantial, high-visibility property in a thriving Charlottesville location. The ample lot size offers significant expansion possibilities or the potential for additional development. The property's strategic location and flexible zoning make it an ideal investment for both short-term and long-term growth. Detailed property information and specifications are available upon request. This is a truly remarkable opportunity to own a landmark property in a desirable and rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $6,775,676

  6.5%

  $6,254,470

  7%

  $5,807,722

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,691,892

  Geo Method

  $5,691,892

• Alternative Use

  Use

  Valuation

  Residential

  $7,755,543

  Hospitality

  $7,104,036

  Educational

  $5,910,474

  Medical

  $6,113,744

  Retail

  $9,194,071

Location Insight

City

Charlottesville

County

Charlottesville City

State

Virginia

Latitude

38.0578

Longitude

-78.4915

CBSA code

16820

CBSA name

CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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