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2306 Price Ave
Charlottesville, VA 22903
Price Avenue Assemblage · Land For Sale
·
0.46 AC
Investment Highlights
- Proximate to the UVA grounds
- Rectangular site with minimal topo, site is well sized and proportioned for infill student housing development
- Centrally located in the JPA corridor
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 0.46 AC |
| Zoning | RX-3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.46 AC |
| Zoning | RX-3 |
Description
- Site Size: 0.46 Acres (0.23 Acres per parcel) - Zoning: RX-3 - Existing Building, Building Size: 1,055 SF with 700 SF Basement - Year Built: 1955 - Lease: Long-term tenant on month-to-month lease ($1,320 per mo) - Proposed Units (Based on RX-3 Zoning and Design Develop Zoning Study)* - By-right 28 units (48 bedrooms) - With Density Bonus 56 units (96 bedrooms) * Future outcome of current zoning litigation against the City of Charlottesville
Property Taxes
| Parcel Numbers | Improvements Assessment | $264,100 | |
| Land Assessment | $370,000 | Total Assessment | $634,100 |
Property Taxes
Parcel Numbers
Land Assessment
$370,000
Improvements Assessment
$264,100
Total Assessment
$634,100
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