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    309 N Crater Rd Petersburg, VA 23803

    For Sale
    Contact for pricing

    LAND - Petersburg, VA

    Lot size:
    0.06 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 309 N Crater Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    012-040019
    Lot size
    0.06 Acres

    Utilities

    Water source
    Public

    Weichert Realtors Brockwell and Portwood (804) 518-0500 [email protected]

    Listing agent Kenneth Byers (804) 518-0500 License #0225273763

    Listing date Nov 25, 2025

    MLS# 2529713 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Petersburg Vacant Lot For Sale

    This vacant lot, measuring 25 x 105, is zoned B-2. It is surrounded by residential homes and businesses located across the street. This presents a great opportunity for construction, builders, or small businesses, or for those seeking to own a vacant lot for future use. Given the ongoing construction and improvements in the city, this lot offers an opportunity for builders, entrepreneurs, or individuals looking to start owning property for future growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.394203
    Latitude
    37.233875

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    FAQs

    What type of property is this?
    Land - Vacant lot zoned B-2, great opportunity for construction.
    Where is this land located?
    The property is located at 309 N Crater Rd Petersburg, VA.
    What is the asking price?
    The asking price for this property is $19,900.
    What are key features of this property?
    This property features: - Zoned B-2: Suitable for a variety of business and residential uses; - 25x105 Lot Size: Provides a standard-sized area for construction; - Surrounded by Residential Homes and Businesses: Offers a mixed-use environment
    (804) 518-0500
    Request Owner's contact information
    309 N Crater Rd Petersburg, VA 23803
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    Petersburg, VA 23803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    309 N Crater Rd Petersburg, VA 23803
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