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INVESTMENT HIGHLIGHTS
- Prime 5.48-acre site in Pantops with dual access points
- Located within Peter Jefferson Place’s scenic office park
- Zoned PD-MC with broad use potential under County Plan
- Historic 10,961 SF building with redevelopment potential
- Adjacent to Sentara Martha Jefferson Hospital
- Minimal topography supports efficient site planning
EXECUTIVE SUMMARY
Positioned in the heart of Charlottesville’s highly desirable Pantops submarket, 384 Worrell Drive presents a rare opportunity to acquire or redevelop a 5.48-acre site with an existing 10,371-square-foot historic office building. The property is nestled within the park-like setting of Peter Jefferson Place, offering scenic views, walking trails, and a tranquil environment that enhances its appeal for professional, medical, or mixed-use development.
With minimal topography and dual access points, the site is ideally suited for redevelopment or adaptive reuse. Its proximity to Sentara Martha Jefferson Hospital and the Peter Jefferson Place Office Park adds strategic value for healthcare, office, or retail users. Zoned PD-MC (Mixed Commercial), the property benefits from flexible entitlements, and the underlying County Comprehensive Plan supports a wide range of uses.
Whether preserved as a character-rich office building or transformed into a modern mixed-use destination, 384 Worrell Drive offers investors and developers a compelling canvas in one of Charlottesville’s most vibrant growth corridors.
With minimal topography and dual access points, the site is ideally suited for redevelopment or adaptive reuse. Its proximity to Sentara Martha Jefferson Hospital and the Peter Jefferson Place Office Park adds strategic value for healthcare, office, or retail users. Zoned PD-MC (Mixed Commercial), the property benefits from flexible entitlements, and the underlying County Comprehensive Plan supports a wide range of uses.
Whether preserved as a character-rich office building or transformed into a modern mixed-use destination, 384 Worrell Drive offers investors and developers a compelling canvas in one of Charlottesville’s most vibrant growth corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
10,371 SF
Building Class
B
Year Built
1978
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
5,186 SF
Building FAR
0.04
Lot Size
5.48 AC
Zoning
PD-MC - Broad use potential
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PROPERTY TAXES
| Parcel Number | 07800-00-00-020K0 | Improvements Assessment | $2,082,219 CAD |
| Land Assessment | $3,779,034 CAD | Total Assessment | $5,861,253 CAD |
PROPERTY TAXES
Parcel Number
07800-00-00-020K0
Land Assessment
$3,779,034 CAD
Improvements Assessment
$2,082,219 CAD
Total Assessment
$5,861,253 CAD
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384 Worrell Dr
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