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285 Hydraulic Ridge Rd
Charlottesville, VA 22901
Plaza 285 · Office Property For Sale
Investment Highlights
- Stabilized Investment opportunity strategically located at a prominent corner intersection across from Albemarle High School.
- Renovations were performed by reputable local firms with architecture by Design Develop and construction by Lee Construction Group
- Opportunity to capitalize on solid appreciation in the Charlottesville commercial market
- 100% leased to strong mix of local and national credit tenants
- Currently improved with a one-story commercial hybrid office / medical / flex building consisting of 9,641 RSF
- Strong rent growth with annual contract rental escalations for all Tenants
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
10,032 SF
Building Class
B
Year Built/Renovated
1988/2018
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,032 SF
Building FAR
0.21
Lot Size
1.12 AC
Zoning
C-1 - Commercial
Parking
42 Spaces (4.19 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 06100-00-00-02500 | Improvements Assessment | $1,373,400 |
| Land Assessment | $635,400 | Total Assessment | $2,008,800 |
Property Taxes
Parcel Number
06100-00-00-02500
Land Assessment
$635,400
Improvements Assessment
$1,373,400
Total Assessment
$2,008,800
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