1201 MainCharlottesville, VA 22903
- Hotels
- 111,306 SF
Off market
$23,819,100 Estimated
Property Details for 1201 Main
- Year built
- 1999
- Lot size
- 1.08 AC
- Property size (Sq ft)
- 111,306 SF
- Zone code
- CX-8
- Property type
- Hotels
- APN
- 100056000
- APU
- 100056000
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,245,600
- 6.5%
- $20,534,400
- 7%
- $19,067,700
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,916,300
- Geo Method
- $18,916,300
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $53,597,100
- Retail / Commercial
- $27,673,600
- Mixed-Use / Specialty
- $27,724,100
- Office
- $27,714,700
- Institutional / Educational
- $28,875,100
- Residential Income
- $33,783,900
- Multifamily
- $39,691,900
- Automotive / Energy
- $24,750,100
- Parking / Income-Based Land
- $8,393,630
- Restaurant / Food Service
- $14,737,800
- Healthcare / Senior Housing
- $28,277,600
Location Insight
- City
- Charlottesville
- County
- Charlottesville City
- State
- Virginia
- Latitude
- 38.0336
- Longitude
- -78.497
- 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
$232,984
$5,330,600
$18,488,500
$23,819,100
-
$5,330,600
$18,488,500
$23,819,100
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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