Seize this opportunity to own a versatile 2.21-acre property along Rte 33 in Orange County, featuring 400 ft of road frontage and dual access via Rte 678. Zoned C-2, it offers unique possibilities to meet growing local demands. Opt to take over the existing businesses—an equipped auto mechanic shop with three bays, an office, two bathrooms, and an adjoining hair salon with a separate entrance—or tailor the premises to your vision at a reduced purchase price. Additional facilities include a secondary structure suitable as a warehouse or extra shop space. The sale encompasses the real estate, all fixtures, furniture, equipment, and inventory. Motivated owner willing to consider second position financing for qualified buyers.
Property Details
Property Features
Listing Office:
Office Name: WILEY REAL ESTATE-CHARLOTTESVILLE
Listing Agent: MATTHIAS JOHN
Lot Features
Lot Information:
Lot Size: 2.21 Acres
Other
Directions Information:
Directions: Use GPS for "Highspeed Auto".
Price Information
Listing Price Info
Price Summary:
List Price: $1,689,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Number: #643818
Listing Office:
Office Name: WILEY REAL ESTATE-CHARLOTTESVILLE
Listing Agent: MATTHIAS JOHN
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,497
Per Month
Principal & Interest
$8,430
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,130
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Gordon-Barbour Elementary School
500 W Baker St
Distance between this listing and this school5.38 miles
Public District Grades PK-5
4
/10
Stony Point Elementary School
3893 Stony Point Rd
Distance between this listing and this school6.31 miles
Public District Grades KG-5
5
/10
Ruckersville Elementary School
105 Progress Pl
Distance between this listing and this school7.59 miles
Public District Grades KG-5
Nearby Schools
6
/10
Lakeside Middle School
2801 Powell Creek Dr
Distance between this listing and this school9.37 miles
Public District Grades 6-8
3
/10
Prospect Heights Middle School
202 Dailey Dr
Distance between this listing and this school9.94 miles
Public District Grades 6-8
4
/10
William Monroe Middle School
148 Monroe Dr
Distance between this listing and this school12.20 miles
Public District Grades 6-8
Nearby Schools
5
/10
Orange County High School
201 Selma Rd
Distance between this listing and this school11.29 miles
Public District Grades 9-12
6
/10
William Monroe High School
254 Monroe Dr
Distance between this listing and this school12.15 miles
Public District Grades 9-12
5
/10
Madison County High School
68 Mountaineer Ln
Distance between this listing and this school13.33 miles
The neighbors living near this home have an average income of $42,500. The majority of Orange County, VA residents have income less than $35k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5416 Spotswood Trl
What is the listing price of this property?
The listing price of 5416 Spotswood Trl property is $1,689,000.
What type of property is this?
The property 5416 Spotswood Trl is land located in Barboursville, Virginia, 22923.
Is this property for sale now?
Active Listing: 5416 Spotswood Trl is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5416 Spotswood Trl in Barboursville, VA and zip code 22923 in the Barboursville neighborhood. This home sits on a 2.21 acre lot. It has been listed on Rocket Homes since July 19, 2023 and is currently priced at $1,689,000.
In November 2024, from all listings sold in Orange County, VA there were more than 22 sold above asking price, over 40 sold below and more than 36 were sold right at the asked price. The number of listings in Orange County, VA decreased by 3.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $420,000, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.