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    2340-2400 E Washington St Petersburg, VA 23803

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    For Sale
    Contact for pricing

    20,555 SF flex/warehouse on 10.72 acres near I-95/I-295.

    Property size:
    20,555 SF
    Lot size:
    10.72 Acres

    Property Features for 2340-2400 E Washington St

    General Information

    Size
    20,555 SF
    Lot size
    10.72 Acres

    Source: Colliers | Richmond North Agent Wood Thornton

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

    Overview

    Flex/Warehouse Building on 10+ Acres

    The property features a 20,555 square foot flex/warehouse building situated on two parcels totaling approximately 10.72 acres. Zoned M-1 for industrial use, the site is suitable for distribution, light manufacturing, or outdoor storage. The property is located in an Opportunity Zone, approximately 2 miles from I-95 and 3 miles from I-295. On-site utilities and large paved areas offer development potential.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -77.3637564
    Latitude
    37.2391073

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    FAQs

    What type of property is this?
    Flex space - 20,555 SF flex/warehouse on 10.72 acres near I-95/I-295.
    Where is this flex space located?
    The property is located at 2340-2400 E Washington St Petersburg, VA.
    What are key features of this property?
    This property features: - 20,555 SF flex/warehouse building on ±10.72 acres; - Zoned M-1 for industrial use, suitable for distribution, light manufacturing, or outdoor storage; - Located in an Opportunity Zone
    (804) 320-5500
    Request Owner's contact information
    2340-2400 E Washington St 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
    2340-2400 E Washington St Petersburg, VA 23803
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