2123-2125 IvyCharlottesville, VA 22903

  • Retail properties
  • 5,028 SF
Off market
$6,809,500 Estimated

Property Details for 2123-2125 Ivy

Year built
1971
Lot size
1.33 AC
Property size (Sq ft)
5,028 SF
Zone code
CX-5
Property type
Retail properties
Property subtype
Strip malls
APN
70001300
APU
70001300

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,759,172
    6.5%
    $1,623,851
    7%
    $1,507,862
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,533,352
    Geo Method
    $2,533,352
  • Alternative Use

    Use
    Valuation
    Residential
    $1,369,779
    Hospitality
    $1,254,710
    Educational
    $1,043,904
    Medical
    $1,079,806
    Retail
    $1,623,851
2123-2125 Ivy, Charlottesville, Virginia

Location Insight

City
Charlottesville
County
Charlottesville City
State
Virginia
Latitude
38.0438
Longitude
-78.5126
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
$67,911
$2,566,400
$4,243,100
$6,809,500
-
$2,566,400
$4,243,100
$6,809,500

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