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    3600 S Crater Rd Petersburg, VA 23805

    New
    For Lease
    $3,000 /Mo

    CommercialLease - PETERSBURG, VA

    Type:Retail
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 3600 S Crater Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    31
    Parking features
    Parking Lot

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Building materials
    Brick Front, Mixed

    Smart Realty (301) 445-1395 [email protected]

    Listing agent Mike Jamil Allah (571) 400-1395

    Listing date Dec 12, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Mall Near Walmart

    This 12,400 square foot retail strip mall contains six units and is located next to Walmart on South Crater Road in Petersburg, Virginia. The property is situated just two blocks west of Southern Regional Medical Center and offers convenient access to I-95. The entrance to the strip mall is easily accessible through shared usage of the southern entrance into Walmart. Currently, four contiguous units are available for lease, totaling 8,400 square feet. The center benefits from a nearby traffic count of 9,230 cars per day. The southern unit of the building has potential for drive-thru uses. The lease rate is $9.00 per square foot NNN, which includes CAM, RET, and Insurance. As an incentive, the first two months are free with a three-year lease, and three months are free with a five-year lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Executive Cuts and Styles(at ... Barber Shop Petersburg Tobacco & Vape, ... Tobacco Shop Bicycle Shop Bicycle Shop Tobacco & vape & CBD ... Vaporizer Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.36431
    Latitude
    37.17876

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in Petersburg, near Walmart and I-95.
    Where is this strip mall located?
    The property is located at 3600 S Crater Rd Petersburg, VA.
    What are key features of this property?
    This property features: - High-traffic location next to Walmart on S. Crater Road with shared entrance; - **8,400 SF of contiguous space** available across four units; - Located near I-95 and just two blocks from Southern Regional Medical Center
    (571) 400-1395
    Request Owner's contact information
    3600 S Crater Rd Petersburg, VA 23805
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    Petersburg, VA 23805
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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
    3600 S Crater Rd Petersburg, VA 23805
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