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🏢 Just listed — Commercial Land for sale in Charlottesville, VA.

📍 202 7th Street SW, Charlottesville, VA
🏷  Commercial Land · For Sale
💰 Contact for price

Land | 1.22 acres

Located southeast of the UVA Hospital and adjacent to the West Main Street corridor
Easy access to W Main St via 7th Street SW with excellent access to Downtown Charlottesville and the University of Virginia campus
Potential uses include apartment, hotels, or m

Full financials, photos, and broker contact:
https://commrty.com/property/virginia/charlottesville/202-7th-street-sw-2468900-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=202-7th-street-sw-2468900

#Charlottesville #Land #CommercialRealEstate #CRE #Investment

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Home/VA/Charlottesville

202 7th Street SW

Charlottesville, VA 22903-5508

Asking Price

Contact for price

Asset Type

Commercial Land

Class

Class B

What's Special

Land | 1.22 acres Located southeast of the UVA Hospital and adjacent to the West Main Street corridor Easy access to W Main St via 7th Street SW with excellent access to Downtown Charlottesville and the University of Virginia campus Potential uses include apartment, hotels, or mixed-use project Designated as 'high intensity residential' zone (Cherry Avenue Corridor) By Right: 21 DUA current, 43 DUA anticipated future density With Sup: 43 DUA current, 120 DUA anticipated future density Anticipated 52-146 dwelling

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.00%

DSCR

1.35

Strong

Cash-on-Cash

6.88%

Monthly Payment

$4,947.454

Annual Cash Flow

$20,630.547

Location & Travel Times

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