The Real Estate Weekly | 7.27.2022

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WWW.C-VILLE.COM

VOL. 31 NO. 30 n JULY 27 - AUGUST 2, 2022

30

YEARS OF REAL ESTATE

CHARLOTTESVILLE ALBEMARLE, FLUVANNA, GREENE, LOUISA, MADISON, NELSON, ORANGE, AUGUSTA

New Sheetz at Airport Road

Area

Commercial Real Estate Market Remains Strong BY CARLA HUCKABEE


JULY 27 - AUGUST 2, 2022 ISSUE 3130

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A DREAM HOME IS GREAT, BUT THE RIGHT ONE IS BETTER. Let an agent who knows guide you.

LOUISA

NOW $479,900

$365,000

KENTS STORE

FLUVANNA CO

SOLD!

Bev Nash 434-981-5560 • A brick home on 5.7 rolling acres • 5 bedrooms and 4.5 baths • 3,409 sf of living space close to Louisa • 1700 sf walk out basement, attached garage • 1,152 sf shed/shop or barn! • Covered porch, elevated rear deck • Paved parking space 7 Ac Batesville

Dan Corbin

434-531-6155

$349,000

434-960-0414

• 3 Bedrooms, 2 Full baths, 1,356 Fin Sq. Ft. • Full Unfinished Basement with woodstove • 24 ‘ x 36’ Detached 2 Car Garage • Cypress Wood Siding, Trex Rear Decking • Bruce PreFinished Wood Random Width Flooring • Firefly Broadband Fiber Optic Internet Available

NEW CONSTRUCTION:

$179,000

• Mountain View • 4 Bd Perc, Firefly Internet • Beautiful Elevated Home Site • Driveway in to the Top of the Lot • Great Building Opportunity in Afton • Alb County Schools, 3 mi to Batesville Mkt Fluvanna Co

Ruth Guss

Candice van der Linde 434-981-8730

Contact me to learn about the opportunities on building or renovating! $340,030

14 ELM CT/TROY

NOW $329,900 CONTRACT PENDING

Bev Nash 434-981-5560 • 3 or 4 bedroom, 2 bath home • Cedar siding and recent new roof • Around 1,900 finished sf • Set back off the road on 2 shady acres • A 1,600 sf workshop, 14x10 shed • Large elevated rear deck, chicken coop!

$69,900

Pat Burns

434-465-4444

• Sitting amidst estates and horse properties this beautiful 5 acre lot in Keswick area for sale to build your dream home. Convenient to Charlottesville, Gordonsville. $69,900.

UNDER CONTRACT

UNDER CONTRACT

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

NEW CONSTRUCTION

Dan Corbin 434-531-6155 • Available Now • One Level Living, 3 Bd, 2 Ba • Split Floor Plan w/ Upgrade Finishes • 1565 Sq Ft, 2 Car Gar, Near Schools • Beautiful Pond and Panoramic Views • No HOA, Well & Septic = No Water Bills • Welcome to West River Meadows - MLS 629888

434.985.0021 410 West Main Street Charlottesville, VA 22902 Downtown

Lori Click

434-326-7593

• To Be Built! The Brookwood, Similar to Photo! • 4 Bedrooms, 2.5 Baths, Attached Garage, 1.66 Acres • Upgraded Siding Accent, Wide Window Trim, 10’x16’ Rear Deck • Master Suite with Garden Tub, Double Bowl Vanity • Kitchen with Granite Countertops, Stainless Appliances • Luxury Vinyl Plank Floors, Forest View s/d offer DSL, Fiber Optic

Candice van der Linde 434-981-8730

Sold Investment Property Turtle Creek Under Contract 434.974.1500 943 Glenwood Station Ln Suite 203 Charlottesville VA 22901


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EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers Farm, Estate and Residential Brokers 503 Faulconer Drive ∙ Charlottesville ∙ VA ∙ 22903

DOUGLAS AVENUE

COMING SOON

Fantastic Condo at Belmont Lofts. Great location on a quiet street! Large rooftop terrace with sunrise and sunset views. Mountain views to the east. Three bedrooms and 3 full bathrooms. Condo features an open kitchen with island, gas fireplace and large closets.

JULY 27 - AUGUST 2, 2022 ISSUE 3130

Annie Gould Gallery

ROCK QUARRY ROAD

Unique building lot overlooking a quarry lake. 3 private properties share lake and access, sandy beach, cabana and 20 acres of common land (including a large utility barn). Amazingly beautiful! Gated, private entrance. Serene, private setting for the home site. Road to home site in place. Surprisingly convenient to Zion Crossroads and Charlottesville.

CALL SHARON

A unique art gallery located in the heart of historic Gordonsville.

Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200

109 S. Main Street, Gordonsville, VA • (540) 832-6352 anniegouldgallery

WWW.MCLEANFAULCONER.COM

NOW IS A GOOD TIME TO BUY! UNDER

UNDER

CONTRA

CONTRA

CT

ROP PRICE D

ROP PRICE D

CT

88 WILLOW WAY RD

3422 MONTAGUE ST

2035 ELM TREE CT

3613 MOFFAT ST

Price Drop!

Under Contract

Hardwoods on main floor. Gourmet kitchen & loft open to LR. Outside patio. $410,000

434.305.0361 paulmcartor.montaguemiller.com/575169 pdmcartor@gmail.com

Open House

!

views! Open floorplan, perfect for entertaining MLS# with private patio. $365,000

Downtown! Enjoy this wonderful house on over an 629629 $346,000

paulmcartor.montaguemiller.com/575473

Buyers BUYERS & Sellers!

pdmcartor@gmail.com HONORABLE MENTION

& SELLERS CALL ME TODAY!

Call Me Today!

434.305.0361 FINALIST

Best of Cville Real Estate Agents in 2016 & 2017, and a Finalist in 2018

GE T YO UR HO M E SO LD HE RE !

Best of Cville Real Estate Agents

Contact me today to find out about our New Listing Program. Let’s get your home

LISTED, UNDER CONTRACT & SOLD!

Wonderful location close to everything. This beautiful home has everything you want. As you enter the houseyou are greeted in a light filled foyer. The bottom floor has a great multi-purpose room which is perfect as an additional large family/recreation room or close ys!with at6 da the barndoor C guest suite tracat in er toonmake Und tached bath. Upstairs you find an open floorplan including your living room, dining room & upgraded gourmet kitchen with oversizedisland. Perfect for entertaining inside & out with a patio perfect for a BBQ. Head up to the bedroom level to find a large master bedroom with walk-in closet plus a 2ndcloset & master bathroom with double vanities. Two more bedrooms, bathroom, & laundry complete the level. MLS#2357 632012 $460,000 Middle River Rd

acre with beautiful mature trees.

$469,900

paulmcartor.montaguemiller.com/577468

! N e w L is ti n g

Come enjoy the peace and tranquility of your own lake front retreat! Single floor living home includes both MB & laundry on the main floor. $240,000 paulmcartor.montaguemiller.com/576182

Price Drop! RUNNER UP

900 GARDENS BLVD #100 CHARLOTTESVILLE, VA 22901 WWW.AVENUEREALTYGROUP.COM

4161 Presidents Rd

Country living 15 minutes of Downtown & within Albemarle County. This single floor home has beautifully updated kitchen & bathrooms. $260,000

63 Soapstone Ln

Here’s your chance to live in a 1906 farmhouse with all the style and character while enjoying the conveniences of a modern home. $130,000

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

Enjoy your private oasis!! This beautiful home in desirable etter than new construction ready now! WonEnjoy the sunrise over the mountains from Preddy Creek combines a wonderful neighborhood feel derful location close to everything. Enjoy your your beautiful new home! The floorplan of while enjoying more space & trees, plus no HOA. Upon panoramic view of CarterMountain from your this lovely townhouse is perfectly flexible approaching you’ll will see mature landscaping leading to a private roof top deck. This beautiful home has covered front porch. As you walk through the door you are for any lifestyle. The main level of the home greeted with hardwoodfloors flowing from the foyer to the liveverything you want. As you enter the house has a wide open floorplan with hardwood ing room with a fireplace & on to the dining room. Continue you are greeted in a light filled foyer. The bottom floors. A large kitchen made for a home chef to the bright family room opening to the kitchen making a perfloorhas a great multi-purpose room which can fectentertainment space. The kitchen with granite countertops with oversized island with tons of cabinet be an additional large family/recreation room & plenty of storage space is perfect for the home chef. Walk and counterspace. The spacious dining area or guest suite with attached bath. Upstairs you out onto your back deck with space to grill &socialize while fits a large table for entertaining. All of this overlooking your swimming pool or enjoy soaking in the hot find the open floorplan includingyour living room, opens to the living room creating a comforttub. Head upstairs to find four large bedrooms including your dining room & upgraded gourmet kitchen with master suite with attachedbath & walk-in closet. In the baseable space with tons of natural light! Walk oversized island. Perfect for entertaining inside & ment you’ll find a rec/multi-purpose room with full bath. The out with a large deck ready for your BBQ. From out onto the back deck to grill & lounge while well thought out design allows access to the basement’s full there,head up to the bedroom level. There you enjoying your mountain view. Go upstairs to bath fromthe two-car garage to keep those wet bathing suits out of the house. As you enter the tree lined backyard, you’ll the bedroom level to find a wonderful master will find a large master bedroom with walk-in Sunday 1-3 pm find your relaxing pool in a private setting with aperfect comcloset & master bathroom with double vanities. bedroom suite with a big walk-in closet & atbination of sun & shade. Just minutes to DIA, NGIC, UVA ReMLS# 631682 tached bath. The2808 additional two bedrooms, Magnolia Dr 1544 Sawgrass Ct $480,000 2142 Avinity Loop search Park, & all Greene County has to offer! MLS# 630265 & tranquility less than 15 from Beautifully upgraded 4 BR townhouse full w/mountain Complete 1st floor living, lg MBR & BA w/laundry. bath, & Peace laundry complete theminutes upstairs. $490,000


EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers

EVERGREEN

A private 18 acre horse farm, with 4 bedroom main residence, 1 bedroom cottage, beautiful 8 stall center aisle barn, outdoor riding ring, and several fenced pastures and hay fields. With access onto 570 plus acres of parkland with trails. MLS#632164 $1,295,000 Jim Faulconer, 434.981.0076

GREY OAKS

Spectacular 53-acre country estate with incredible custom-designed home, wonderful outdoor spaces, multi-functional 1,800 sf barn, 2-acre lake, Blue Ridge views, and a private, serene setting—all within 15 miles of Charlottesville. MLS#617485 $3,965,000 Steve McLean, 434.981.1863 greyoaksfarmva.com

STONY POINTE

A spacious and meticulously maintained 4 bedroom, 5.5 bath Manor home on 57 acres of tranquility, and panoramic views of the Southwest Mountains and to the west are winter views of the Blue Ridge Mountains. 6 miles from Charlottesville. MLS#626941 $2,850,000 Jim Faulconer, 434.981.0076

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GREENBRIER HEIGHTS

Brick ranch home located in the Greenbrier neighborhood. Walking distance to Charlottesville HS and close to Downtown Mall and UVA. The main level has hardwood flooring, 3 BR and 2 full tiled BA. The vaulted ceiling creates a warm and open living room with wood burning fireplace and eat-in dining area. The kitchen is bright and overlooks the level fenced backyard providing a terrific outdoor space to entertain or enjoy privacy. A great value in a classic Charlottesville location. MLS#632916 $425,000 Mark Mascotte, 434.826.8610

U

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PRIVATE & PROTECTED

2-story, custom home, 4 BR, 5 BA, 7 FP, spacious rooms, and numerous windows providing an abundance of light and airy feeling. Idyllic wooded setting overlooking pond with enormous privacy on 76 acres. Under conservation easement with the VOF. MLS#628772 $2,750,000 Steve McLean, 434.981.1863

WOLFCREEK FARM

Situated near the Blue Ridge Mtns. in Madison County on 333 acres. Currently runs as a grazing farm for beef cattle. There are 2 homes on the property and a complement of necessary farm buildings. NOT IN CONSERVATION EASEMENT! MLS#630435 $3,200,000 Jim Faulconer, 434.981.0076

PEA RIDGE FARM

317 acre estate that has it all, location, views, water, a spectacular 5-BR residence, event center and more! 15+ acre lake is centered among lush rolling fields of rich grass and unparalleled views. Additional acreage available. 25 minutes west of Charlottesville. MLS#631962 $8,875,000 Steve McLean, 434.981.1863

GREENFIELDS FARM

Impressive 763-acre country estate approximately 25 miles south of Charlottesville. The property showcases a stately southern residence, built circa 1904, extensive equestrian facilities, recreation opportunities, creeks and a pond. MLS#623792 $6,295,000 Steve McLean, 434.981.1863 greenfieldsfarmva.com

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

MEADOWBROOK ROAD

Beautiful, ideally located 5 bedroom 4.5 bath Barracks-Rugby home built in 2006 with premium detail. Formal living and dining rooms, spacious eatin kitchen, 9’ ceilings, hardwood floors, family room with fireplace, private office, rear patio. Expansive primary bedroom suite with custom closet and bath. The lower level includes extra (bed)room, full bath, and separate outside entrance. Oversized garage with workshop. Walkable to Bodo’s, Rivanna Trail, Spenga Fitness, JPJ Arena, and more. MLS#631618 $1,195,000 Court Nexsen 646.660.0700

RIVANDALE FARM

An oasis of tranquility and fine country living appr. 20 minutes to Charlottesville and CHO airport. 177 private acres with circa 1901 classic Virginia farm house, 3 ponds, completely remodeled and updated. MLS#626933 $3,475,000 Jim Faulconer, 434.981.0076 www.RivandaleVa.com

503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com

WWW.MCLEANFAULCONER.COM


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OWENSVILLE ROAD

5 BR residence on 2 acre lot in Meriwether Lewis Elementary District! Stunning home has top quality finishes and many features include: an open floor concept on all levels; cathedral & vaulted ceilings; fully loaded chef ’s kitchen; and so much more! MLS#632111 $1,675,000 Will Faulconer, 434.987.9455

SOUTHWIND ESTATES

3 separate, parcels with commanding Blue Ridge Mtn. views, level building sites only 15 minutes from Charlottesville. Sites have been perked, have wells, and ready for your dream home. MLS#632482 $375,000 (7.8 acres), MLS#632490 $275,000 (2.4 acres), MLS#632487 $175,000 (2.0 acres), Court Nexsen, 646.660.0700

ESTATE PARCEL IN AFTON

SIMMONS GAP ROAD

5-acre lot with mature hardwoods. Great opportunity to build with no HOA. Private building site amongst beautiful woods. Located between Free Union and Earlysville but so convenient to Charlottesville & UVA. MLS#621177 $140,000 Charlotte Dammann, 434.981.1250

RAGGED MOUNTAIN

4.32 acres, half open, with gently rolling, cleared homesite on a high plateau with lovely pastoral and mountain views. Situated in Ivy Valley, just off I-64 west of Charlottesville, less than 10 miles to the University of Virginia. MLS#622663 $349,000 Jim Faulconer, 434.981.0076

WOOD’S END

Striking residence on 5+ acres in the heart of Keswick. Architecturally-designed with numerous high-end custom features. Gracious one level living with 3,471 fin. sq. ft. Minutes from the world class Keswick Hall, Charlottesville, UVA, and Pantops. MLS#626196 $1,195,000 Charlotte Dammann, 434.981.1250

FRAYS MILL

Mostly wooded preservation tract of 81.395 acres next to Frays Mill Subdivision in highly desirable northern Albemarle. This beautiful gently rolling land has a great, private homesite with Blue Ridge Mountain views, and creek on property. MLS#608509 $995,000 Jim Faulconer, 434.981.0076

GARTH ROAD

11.73-acre, buildable lot in Western Albemarle! One of a kind location and a rare opportunity to purchase a large lot in an estate neighborhood 10 minutes to town. 2 division rights and is gently rolling with a small stream bisecting the property. MLS#628219 $795,000 Steve McLean, 434.981.1863

WILLOW LAKE

Mountain views abound from this spacious, private end unit townhouse. Super convenient to Piedmont Virginia Community College, Downtown & UVA I64. Beautiful private lake & easy access to the Monticello Saunders Trail system. MLS#632761 $335,000 Charlotte Dammann, 434.981.1250

EDNAM FOREST

Wonderfully large 1.5+ acre building lot in Ednam Forest. Build your dream home on this elevated, wooded lot located in a single family community, minutes from UVA and within walking distance to Boar’s Head Resort. MLS#598537 $289,500 Steve McLean, 434.981.1863

MOUNT PARAN CHURCH

Church residence. Redesigned by architect Bruce Wardell, as his own home. A separate addition has 3 or 4 bedrooms and 3 full baths. Has been further enhanced and improved by the current owners. Bucolic views complete the perfect setting. MLS#630270 $810,000 Tim Michel, 434.960.112

503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com

WWW.MCLEANFAULCONER.COM

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Stunning, mountain views available on this attractive 14± acre property, possessing lovely streams and woods. This parcel is only 1.5 miles from Route 151 Brew Trail, with easy access to Wintergreen, Charlottesville & UVA. MLS#629702 Robert Mellen, 434.996.7386 or Charlotte Dammann, 434.981.1250

SOUTHERN ALBEMARLE

87+ acre pine forest property is a good investment tract, or use as a hunting and recreational tract, or with multiple division rights, a place to build a home or more than one home. Potential mountain views, and private settings. MLS#629213 $499,000 Jim Faulconer, 434.981.0076

JULY 27 - AUGUST 2, 2022 ISSUE 3130

EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers


JULY 27 - AUGUST 2, 2022 ISSUE 3130

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FEATURE

Area

Commercial Real Estate Market Remains Strong BY CARLA HUCKABEE

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

A

soft spot for quirky historical buildings and a GPS malfunction led part-time real estate developer Felix Schapiro to become the enthusiastic new owner of Crigersville School in Madison County. Last November, Schapiro was headed from Richmond to hike Old Rag when his navigation system took him by an old school with a for sale sign. Intrigued, his subsequent research confirmed that his wrong turn uncovered a world of potential. Madison County’s multiple attempts to sell the building since 2005 when it closed as an elementary school had failed. But Schapiro jumped in with both feet hoping to make a big splash in Crigersville and the surrounding area. Despite headlines touting rising inflation, increasing borrowing costs, negative consumer sentiment, and the potential for recession, Central Virginia keeps attracting entrepreneurs, business owners, and developers. They are taking risks and making progress against strong, but not unbeatable, headwinds.

Offices Open Cubicles aren’t what they used to be. And you can’t only blame Covid. Commercial real estate analysis by CoStar reveals a 22 percent drop in the median

square footage of occupied office space per worker, from a high of 510 in 1990 to just 410 square feet now. With only about 30 percent of staff showing up on Fridays, workers have a different set of needs than even a few years ago. Despite those numbers, the Charlottesville/Albemarle County office market is holding strong. According to First Vice President Jenny Stoner of Cushman & Wakefield|Thalhimer, “The office scene is good but not all the way back. Mid-range size spaces are still moving slowly as some mid-size companies have developed alternative office solutions or revised their space requirements.” Given that Charlottesville had more than 500,000 square feet of new Class A office space in the pipeline just as the pandemic sent office workers home, this recovery is remarkable. Consider Apex Plaza, CODE Building, 3Twenty3, The Wool Factory, and Dairy Market. Quality begets quality. These transformative buildings have a certain gravity that is having a ripple effect throughout the area. “Nearly all of that space has been absorbed,” Stoner says. “Only a few smaller spaces remain at each of the new buildings. We saw a real flight to quality, which evidences the market need for Class A office space.” And everyone else got an upgrade by moving into the space left behind.

Meanwhile, the University of Virginia continues to expand in the Ivy Road corridor. The School of Data Science is above ground now. And UVA’s master plan, 2030 Grounds Plan, is being refined this year with a goal to “improve the Grounds-City interface.”

Retail Holding Its Own Retail stores showed strong growth in the first quarter of 2022 but not everything is rosy. With unemployment at historically low levels, stores and restaurants are having a hard time staffing up to keep their doors open. Add in the ubiquitous supply chain disruptions and shoppers sometimes find limited hours and half-stocked shelves. If that’s not enough to frustrate buyers, escalating inflation may do them in, at least when it comes to discretionary spending. As housing, utilities, fuel, and food prices continue to climb, there’s less money for everything else. Despite those headwinds, area retail stores are holding their own. More than 155,000 square feet of retail shops have been built in the Charlottesville market since 2020, according to Thalhimer. Vacancies continue to decline from pandemic highs. REALTOR® Matthew Holt, with 1st Dominion Realty, says, “The Starbucks plaza on 5th Street Extended is doing great. The whole place is full and they’re

expanding into extra lots in the back.” Retail paired with housing has the advantage of a built-in customer base. Think North Pointe and Brookhill Town Center in northern Albemarle County, or the future Albemarle Business Campus and Fluvanna County’s Colonial Circle. These mixed-use communities create small-scale urban hubs. They give suburbanites the chance to live, work, and play in denser, dynamic, walkable neighborhoods. And they provide built-in support for local retail establishments. REALTOR® Donna Waugh-Robinson with Jack Samuels Realty sees optimism in downtown Orange. “Main street properties are changing hands with new entrepreneurs buying existing businesses or leasing space to start their own dream.” Among them, Spelled Ink is a new woman and veteran-owned independent bookstore in Orange. In Ruckersville, a Dollar Tree is being built across from the Visitor’s Center and an ABC Store is moving next to Food Lion. Even declining retail hubs like Fashion Square Mall just outside Charlottesville’s city lines are seeing renewed interest. Complicated by a divided parcel structure, the shopping center has struggled mightily for years with store after store closing its doors, leaving behind a vacant shell of the once-bustling mall built in 1972.


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LAND FOR SALE

in Palmyra

FEATURE

16.46 Acres for $199,000 MLS 630798 – Lot 13, The Meadows at Shiloh Located along SR 648 Turner Road near SR 649 Central Plains Road Your search for a spacious, open, gently rolling lot in a quiet and rural location is OVER - 16.46 acres of privacy! You’ll have fast and easy access to Zions Crossroads and all it has to offer. Convienent to shopping at Short Pump or an easy commute to Charlottesville. Bring your own builder to customize your dream home and enjoy the serenity and tranquility of country living. You’re going to LOVE IT. Property is surrounded by two horse properties.

Cell: (434)326-6521 | Office: (434)260-5371 www.longandfoster.com/GilGallardo

“Licensed to sell real estate in the Commonwealth of Virginia” Historic Downtown Sales Office | 813 E. Jefferson St, Charlottesville, VA 22902

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

Gil Gallardo, REALTOR®


THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

FEATURE

JULY 27 - AUGUST 2, 2022 ISSUE 3130

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Stoner confirms that a major big box home improvement retailer is in conversation with Albemarle County about the possibility of opening in one of the mall parcels. With higher housing prices and mortgage interest rates, the market for home improvement products is one of the strongest retail performers.

Restaurants and Hospitality Charlottesville’s rich restaurant environment continues to see some shuffling attracting newcomers who want to take their turn at becoming hometown favorites. Inka Grill, a Peruvian restaurant, is coming to The Yard Food Hall at 5th Street Station. Ruckersville is getting their hankering for ice cream filled with a new Moo Thru coming to the east side of Route 29 and Jack Shoppe Kitchen fitting out an ice cream parlor on the west side. Orange is enjoying two new dine-in venues with Bella Cucina Mexican Food and Kida’s Pizza and Grill. The Barn at 678 Vineyard in Barboursville is joining the Barboursville winery scene. In the fast food/gas station food market, major expansions continue. ChickFil-A rebuilt a Burger King on Barracks Road last fall. Chipotle took over the Old College Inn on the corner. Wawa is converting a Hardees at 5th Street Extended and opening a new store in Ruckersville after their successful opening in Pantops. The Sheetz in Ruckersville is adding a drive-through window. At the corporate level, Chipotle is spending $50 million on a venture fund to explore the future of restaurants, focusing on how technology can drive down costs and staffing while improving the customer experience. It’s likely that the future of anything short of fine dining is going to involve some combination of a mobile App, online orders, robots, kiosks, and digital screens. The fewer employees required to run a restaurant, the better chance it can stay open. Staffing shortages are also impacting area hotels. With such a low employment rate, frontline restaurant and hotel workers can often find higher pay, benefits, and better hours in other industries. Occupancy in Albemarle and Charlottesville hotels has improved over last year but is still below pre-pandemic levels. Reduced travel and competition from homestays are still having an effect. “Our occupancy is also limited by shortages in the workforce,” according to Courtney Cacatian, Executive Director of the Charlottesville Albemarle Convention and Visitors Bureau. Despite those challenges, Schapiro’s Crigersville School project will include a lodging cabin on the back of the parcel to accommodate Old Rag hikers. Schapiro’s other plans include a farm-to-table restaurant, and ultimately other vendors to meet wide-ranging customer needs.

Regional Infrastructure Each of the counties and municipalities in Central Virginia has specific planning processes and infrastructure challenges and advantages. All grapple with striking a balance between growth and protecting natural resources. Albemarle County is in phase one of its

comprehensive plan and growth management. Focusing new residential, commercial, and mixed-use developments into its limited growth area is a challenge. One area that is seeing major activity is the area around Interstate 64 and 5th Street Extended, including significant road upgrades to support new development. Water and sewer services for a growing population are huge cost drivers and reward more dense developments, making infrastructure investments more efficient. Alan Yost, Director of Greene County Economic Development and Tourism, explained that Greene County has been approved to leave the Rapidan Service Authority to start its own authority. “This will pave the way for Greene to directly respond to the sewer and water needs of our residents. We can start construc-

Colonial Circle will sit just outside of Lake Monticello and recent highway improvements may help with some of those concerns. And a proposed grocery store and commercial plaza off Lake Monticello Road can certainly benefit area residents.” Energy resources, grid capacity, and internet access also limit or accelerate growth Hexagon Energy is petitioning to install a 650-acre solar farm in Albemarle County which could power nearly half of the county’s homes. In Fluvanna County, a coal and gas-powered plant will be decommissioned this year. The net of both actions will increase the area’s renewable energy without exceeding grid capacity. The commitment each of the counties made to expand high-speed internet ac-

tion on the 100-acre water retention facility and other initiatives to meet the long-term water needs of the county, opening up new economic development opportunities in our growth areas around Ruckersville and Stanardsville.” Greene County recently approved 192 apartments in Ruckersville and a “glamping” resort in Stanardsville that is expected to generate $700,000 in new tax revenue. Nearby, Fluvanna County is finally able to move forward with a new Zion Crossroads water and sewer system. This will open a backlog of businesses and services wanting to locate there. Jennifer Schmack, Director of Economic Development, reports that “We are finishing up permitting and breaking ground on 125 acres of industrial property in the Zion Crossroads area.” A business park was also approved in Fork Union. “In the Lake Monticello area,” Sandra Collins, Associate Broker with Long & Foster, says “there is lots of resistance to new residential developments because of traffic. The mixed-use development

It’s likely that the future of anything short of fine dining is going to involve some combination of a mobile App, online orders, robots, kiosks, and digital screens. The fewer employees required to run a restaurant, the better chance it can stay open.

cess is paying off, with nearly universal coverage expected within 18 months.

New Businesses and Exchanges as Key Economic Drivers The influx of new businesses and 1031 exchanges by existing business owners keep our economy humming along, according to Holt. “With commercial real estate, we see lots of new investments by existing owners, as well as new businesses coming into the area. Owners will sell their businesses and reinvest that money into a new one. The commercial real estate market is a major economic driver and employs builders, plumbers, electricians, and skilled workers to build and rehab property. It provides employment and keeps our area vibrant.”

Another new business owner coming into Central Virginia is Jawad Yousufi, Chief Executive Officer at Ummah Market. He recently purchased the old Virginia Metal Industries building in Orange County to support his retail operation. “We have an ethnic/international supermarket in Glen Allen and plan to open more stores in Northern Virginia,” says Yousufi. “With this building, we can have a distribution center, slaughterhouse, meat processing center, and a greenhouse to grow our own ethnic herbs, vegetables, and fruits.” Yousufi plans to highlight the historic wooden architecture in a possible event center or brewery while subdividing the remainder of the property into smaller warehouses. Entrepreneurs like Schapiro, Yousufi, and other business builders who take risks keep Central Virginia’s economy strong and healthy, despite prevailing headwinds to the contrary. Carla Huckabee writes about high-performing real estate.


9 JULY 27 - AUGUST 2, 2022 ISSUE 3130

Commercial and Investment Properties For Sale & Lease Last 24 Months • $75 Million Sold/Leased • 92 Deals

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Commercial and Investment Properties For Sale & Lease FEATURED PROPERTIES Last 24 Months • $75 Million Sold/Leased • 92 Deals

For Sale

For Sale

Available

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Waynesboro Net Income Industrial Distribution Property with 3 Buildings totaling over 57,000 SF of Warehouse

For Lease

Waynesboro Car Wash Property on Corner Lot For Sale

Harrisonburg at Traffic Light Across from Panera Prime End cap Space up to 5,200 SF

Charlottesville Rt. 29 5.7 Acres For Sale, Lease, or Build-to-Suit

Harrisonburg 7.32 acre Mixed Use Parcel by JMU

1 to 3 Acres by Starbucks at Traffic Light Across Chick-Fil-A and McDonald’s

Sold

Leased

Industrial Complex Over 110,000 SF on 10 Acres

Sold

2,500 SF New Starbucks Woodstock

New Chipotle Drive Thru

Sold

1,700 SF Shell Gas C-Store

Sold

Leased

Sold

Former School on 10 Acres

Sold

35,000 SF Warehouse-Flex Property

Sold

Portfolio of 4 Car Washes

Sold

Sold

Wendy’s Staunton

Sold

Property Types Include: Shopping Centers, Office Buildings, Gas Stations, Apartments, Mini-Storage, Industrial Buildings, Hotels Serving Local, Regional, National Clients • PO Box 5017 Charlottesville, Industrial Land - 255 Acres VA 22905 73 Bank Branches in VA & NC

Over $425 Million Sold/Leased in Last 20 Years Property Types Include: Shopping Centers, Office Buildings, Gas Stations, Apartments, Mini-Storage, Industrial Buildings, Hotels Serving Local, Regional, National Clients 2903 N. Augusta Street Staunton, VA 24401 • PO Box 5017 Charlottesville, VA 22905

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

Over $425 Million Sold/Leased in Last 20 Years Approved 44 Acre Subdivision 6,100 SF Carilion Medical Clinic 2903 N. Augusta Street Staunton, 85 Lots Net Income VA 24401

FEATURE

Sample of Recent Sold/Leased Properties


JULY 27 - AUGUST 2, 2022 ISSUE 3130

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500 Westfield Rd, Charlottesville, VA

869 NW Buck Mountain Rd Earlysville, VA Located on desirable Buck Mountain Road northwest of Charlottesville, this charming 1900 farmhouse is set perfectly on a 13.91 parcel with streams and mountain views in a private rural setting. This home has a lot to offer - large rooms, beautiful heart pine floors and much more. You will love the large front porch to enjoy the mountain views. This property that has been in the same family for years is a treasure waiting for the buyers that want to make changes.

MLS 631814 Offered at $498,000

CRS, SFR, SRES, Associate Broker

434.981.1421

anitadunbar1@gmail.com

500 Westfield Rd, Charlottesville, VA

Live life in full color.

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

Encouraging and accepting diversity in your neighborhood gives us all a richer life.

Celebrating the 40th Anniversary of the Fair Housing Act

www.ARicherLife.org Piedmont Housing Alliance’s Fair Housing Program 434-817-2436


11 JULY 27 - AUGUST 2, 2022 ISSUE 3130

“I had been living in a home that was not safe or healthy for me or anyone else. I don’t know where I would be living today if it weren’t for AHIP.”

SENIORS

Safe at Home

—Seniors Safe at Home client

179

Hoover Ridge Park 20th Anniversary Celebration elderly neighbors are waiting for critical home repairs right now. Your support will keep them safe.

Sunday, July 31 2:00pm - 6:00pm

Seniors Safe at Home helps local senior citizens age in place by taking care of urgent repairs: leaking roofs, access ramps, plumbing and electrical issues, failed furnaces, and more.

Safe at Home

AHIP + CAAR + BRHBA | AHIPVA.org SPONSORS

Champion: Wells Fargo Benefactors: Pape and Company, Inc. and Home Instead Senior Care Supporters: Better Living, Inc.; Central Virginia Waterproofing; and Blue Ridge Termite and Pest Management

Taste of the Mountains September 3rd 9:00 am – 4:00 pm

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

S E N I O R S


HOME SALES STATS ENDING THE WEEK OF JULY 24, 2022

THERE WERE 92 SALES IN THE 11 COUNTY AND CITY AREAS

THE REALTOR CODE OF ETHICS

REALTORS® are members of the National Association of REALTORS®

JULY 27 - AUGUST 2, 2022 ISSUE 3130

12

n 37 were in Albemarle with an average price of $555,474 n 16 were in Charlottesville with an average price of $427,549 n 7 were in Fluvanna with an average price of $379,645 n 2 were in Greene with an average price of $255,000 n 9 were in Louisa with an average price of $326,597 n 3 were in Madison with an average price of $370,000 n 5 were in Nelson with an average price of $294,000 n 5 were in Orange with an average price of $274,580 n 5 were in Staunton with an average price of $312,160 n 3 were in Waynesboro with an average price of $180,250

Never heard of it? It’s probably because our code is something we like to practice rather than preach. It’s a commitment to honesty, integrity, and trust that’s been protecting property owners like you since 1913.

HOMES SOLD REALTORS® are members of the National Association of REALTORS®

THE 6840 CHANCERY LANE OLD TRAIL

1312 OXFORD PLACE RUGBY HILLS

20 LANDING COURT LAKE MONTICELLO

Staff:

EDITORIAL COORDINATOR

Celeste Smucker • REWeditor@c-ville.com

MARKETING SERVICES Beth Wood beth@c-ville.com • 434.996.4019

107 SATINWOOD LN NELLYSFORD

812 PAUL STREET STAUNTON

204 DUPONT CIRCLE WAYNESBORO

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

LOCAL GOVERNMENT (Note: Real estate tax information gathered from local government Web sites and is believed but not guaranteed to be accurate as of publication date. Towns may assess real estate taxes in addition to those charged by each county.)

CITY OF CHARLOTTESVILLE

GREENE COUNTY

CITY OF STAUNTON

LOUISA COUNTY

CITY OF WAYNESBORO

MADISON COUNTY

ALBEMARLE COUNTY

NELSON COUNTY

www.charlottesville.gov Real estate tax rate: $.95 per $100 ci.staunton.va.us Real estate tax rate: $.92 per $100 www.waynesboro.va.us Real estate tax rate: $.90 per $100 www.albemarle.org Real estate tax rate: $.854 per $100

FLUVANNA COUNTY

fluvannacounty.org Real estate tax rate: $.884 per $100

greenecountyva.gov Real estate tax rate: $.82 per $100 www.louisacounty.com Real estate tax rate: $.72 per $100 www.madisonco.virginia.gov Real estate tax rate: $.71 per $100 nelsoncounty-va.gov Real estate tax rate: $.72 per $100

Faith Gibson ads@c-ville.com

DESIGNER

Tracy Federico designer@c-ville.com All advertising published in the REAL ESTATE WEEKLY is believed to be truthful and accurate. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful, but this publication does not warrant, nor is it liable for, the accuracy or truthfulness of the advertising placed within this publication. Neither the Real Estate Weekly, Inc., nor its corporate parent, the C-VILLE Weekly, assume any responsibility and shall have no liability whatsoever for errors, including without limitation, typographical errors or omissions in the REAL ESTATE WEEKLY. The Real Estate Weekly, Inc. reserves the right to edit or refuse any advertising it deems inappropriate or misleading. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful. Every effort has been made to assure accuracy, but this publication does not warrant, nor is it liable for the advertising placed within this publication. This publication will not accept advertising that refers to or attempts to establish fees or rates of commissions charged for services rendered. All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination.” Virginia Fair Housing Law also makes it illegal to discriminate because of elderliness (age 55 and over). We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

The Real Estate Weekly Is printed on 100% recycled paper

ORANGE COUNTY

orangecountyva.gov Real estate tax rate: $.804 per $100

308 E. East Main Street • Charlottesville, VA 22902 • e-mail: ads@c-ville.com Send your news and/or press releases to editorREW@gmail.com


? G N I

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r A

JULY 27 - AUGUST 2, 2022 ISSUE 3130

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R I

H

PLAY HARD WORK HARDER

Let us help you find new staff members with a display help wanted ad in C-VILLE!

NOW HIRING! FULL TIME & SEASONAL POSITIONS WORK OUTDOORS, TRAVEL, HAVE FUN! HARD WORK

PLAY HARDER PLAY HARDNOWWORK HARDER HIRING! FULL TIME & SEASONAL POSITIONS NOW HIRING! FULL TIME & SEASONAL POSITIONS

CURRENTLY

HIRING FOR: PLAY HARD WORK HARDER NOW HIRING! FULL TIME & SEASONAL POSITIONS SALES: Event Sales Consultant

TENT

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C O M PA N Y

C O M PA N Y

Skyline

Local and travel positions available.

Skyline

APPLY TO JOIN OUR TEAM:

APPLY APPLY TO JOIN OUR TEAM:ONLINE today at skylinetentcompany.com/careers/

434-484-0143

WWW.SKYLINETENTCOMPANY.COM/CAREERS CALLS TO OFFICE PHONE STRONGLY DISCOURAGED. 434.484.0143 WWW.SKYLINETENTCOMPANY.COM/CAREERS 434.484.0143 C H A R L O T T E S V I L L E , VA & C H A R L E S T O N , S C

TENT

APPLY TO JOIN OUR TEAM:

C H A R L O T T E S V I L L E , VA & C H ARL T O NOR , OLDER S C TO APPLY * MUST BEE18SYEARS

PANERA IS HIRING!

SALES/OPS: Project Manager

SkylineSkyline

Want discounted food all the time?

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C O M PA N Y

WWW.SKYLINETENTCOMPANY.COM/CAREERS B OA R’ S HEA D RES O RT TENT

* MUST BE 18 YEARS OR OLDER TO APPLY

Career Mixer 434.484.0143

C H A R L O T T E S V I L L E , VA & C H A R L E S T O N , S C * MUST BE 18 YEARS OR OLDER TO APPLY

APPLY TO 13, JOIN OUR Monday, September 12-9 p.m. Tuesday, September 14, 7 a.m. - 2 p.m.

TEAM:

GREAT BENEFITS

Discount on Food Hourly pay plus tips Raises for certifications Flexible schedule

C O M PA N Y

APPLY ONLINE AT CAREERS.PANERABREAD.COM OR TAKE A PICTURE OF THE QR CODE BELOW!

WWW.SKYLINETENTCOMPANY.COM/CAREERS 434.484.0143 Do you want to work at a place that strikes the balance between fun, family and work? Charlottesville’s only true resort is the place to be! Come join us for a one-of-a-kind hiring event where you will see what it means to be a part of a company that strives to deliver a family environment and memorable guest and member experiences. Interview, socialize, enjoy great food and beverage and have FUN!

FREE Food* • Music • Hotel Stays and Gift Certificates Door Prizes and Giveaways • Cornhole

Complimentary Fitness Membership

* MUST BE 18 YEARS OR OLDER TO APPLY

SCHOOL

N O W

H I R I N G

BUS

Resort Discounts

DRIVERS STARTING AT $16.97 PER HOUR

Employee Golf Outing

$

REQUIREMENTS + DESCRIPTION

Employee Social Gatherings

$500-$1,000 Sign-On Bonuses for All Positions**

RETIREMENT

GREAT PAY

HEALTHCARE

TUITION ASSISTANCE

TRAINING

Interview for a Job, Get Hired for a Career, Become Part of a Family Join our team in a variety of positons and departments from entry level to management. All skill sets needed. Most positions pay above $15/ hour and commensurate with experience.

HOLIDAYS

Full-Time, Part-Time and Seasonal Positions Available:

Hotel Operations:

Food & Beverage:

Spa:

Golf and Sports:

• • • • • • •

• • • • • • •

• • • •

• • • • • •

Housekeeping Engineer Groundskeeper Front Desk Agent PBX Operator Reservation Agent HR Administrative Assistant

Restaurant General Manager Cooks Bartenders Dishwashers Host/Hostess Supervisor and Servers Food Runner/Busser

Esthetician Licensed Massage Therapist Nail Technician Spa Receptionist/Attendants

2,400

Assistant Golf Pro Childcare Provider Golf Course Maintenance Outside Greeters and Starters Pro Shop Manager Fitness Floor Attendant

APPLY NOW OR CALL

Benefits Include: Discounted Childcare, Health, Dental, Vision, 401k, Fitness Memberships, Resort Discounts, Travel Discount to Other Hotels *Upon completion of interviews, you will be given food and beverage tickets for redemption. **Sign-on bonuses vary by position and will be paid out with rules, starting with $250 on your first paycheck.

Education and/or experience equal to a high school diploma Must have clean driving record (No CDL required) For those without a CDL, free training will be provided All school bus drivers are Part-Time employees with healthcare benefits equal to a 40-hour employee

(434) 970-3532

www.tinyurl.com/schoolbustransit

1505 Avon Street Ext, Charlottesville, VA 22902

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

Email classyexec@c-ville.com for more details about our DISCOUNTED full page and half page employment ad packages!

C H A R L O T T E S V I L L E , VA & C H A R L E S T O N , S C


JULY 27 - AUGUST 2, 2022 ISSUE 3130

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Ask Us About

St o n e O r c h a r d

Lifestyle Homes in the Villages of Stoney Creek

THE REAL ESTATE WEEKLY WWW.C-VILLE.COM

The views will last forever. This opportunity will not. • Breathtaking Mountain Views

• On the Golf Course

• Maintenance-free Landscaping

• Near the Clubhouse, Grill, Tennis, Pool

• Miles of Groomed Walking Paths

• Walk to Farmer’s Market, Town Center

from the upper-400’s Wintergreen Realty LLC

3079 Rockfish Valley Hwy, Wintergreen, VA 22958 (434) 361-0500 (800) 325-2200 www.wintergreenrealestate.com