Listed by Colliers - Charlottesville, Virginia, Colliers International Charlottesville
$2,800,000
122 Jefferson Highway
Details
Property Type Land
Sub Type Commercial, Multifamily
Acreage 21.560
Zoning Multifamily (Garden Style)
Land | 21.56 acres
Marketing description
This ±21.56-acre tract along Jefferson Highway presents a rare opportunity for developers to deliver much needed housing supply in one of Central Virginia’s tightest and fastest growing rental markets. Fully zoned for garden style multifamily, the site supports ±154 units and offers direct access to public water and sewer, a major competitive advantage in Louisa County, where utility served development sites are extremely limited.Two commercial outparcels located at the entrance provide additional optionality for retail, service, or neighborhood oriented commercial uses, enhancing the placemaking and long term value of the community.
Investment highlights
- Rapid access to Zion Crossroads, I 64, and major commuting corridors
- Strong connectivity to Charlottesville, Richmond, and key employment centers
- Proximity to retail, schools, and growing residential neighborhoods
- A stable demographic base with projected population growth of 7%+ in the surrounding 1–5 mile radii (2024–2029)
Listing Contacts
Listed by Colliers - Charlottesville, Virginia, Colliers International Charlottesville
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