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    600 W Wythe St Petersburg, VA 23803

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    For Sale
    Contact for pricing

    277,000 sq ft historic warehouse with residential PUD zoning.

    Property size:
    277,408 SF
    Lot size:
    4.65 Acres

    Property Features for 600 W Wythe St

    General Information

    Size
    277,408 SF
    Lot size
    4.65 Acres

    Source: One South Commercial Agent Tom Rosman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Warehouse in Petersburg, VA

    This is a 277,000 sq. ft. surface parked historic warehouse. It has Residential PUD (Planned Unit Development) zoning and is eligible for state and federal tax credits. Historic designations are in hand. Multifamily sales in Petersburg have grown 3x over the several years. Submarket pricing has increased by nearly $50,000 per unit since 2017. Rent growth and occupancy have tracked those of Richmond proper. Limited development pipeline supports healthy absorption.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Virginia Trunk & Bag ... Historical Landmark

    Suggested Use

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

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

    Similar Places Nearby

    Stewart Moving & Storage

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.410876
    Latitude
    37.2240065

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    FAQs

    What type of property is this?
    Warehouse - 277,000 sq ft historic warehouse with residential PUD zoning.
    Where is this warehouse located?
    The property is located at 600 W Wythe St Petersburg, VA.
    What are key features of this property?
    This property features: - Residential PUD (Planned Unit Development) zoning; - Eligible for state and federal tax credits; - **277,000 sq. ft. surface parked historic warehouse**
    (804) 353-0009
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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
    600 W Wythe St Petersburg, VA 23803
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