Listing Agency: S.L. Nusbaum Realty Co

Listed By: Graham Sheridan · License #VA 0225235725

Source: Crexi

Added: Apr 11 Changed: Sep 3 Last Checked: Aug 30 at 9:39AM

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Investment Insights

Based on property information with market context.

This retail property contains 2,800 square feet of space and is offered for sale. The property is located at 1847 South Crater Road in Petersburg, Virginia 23805.

Key Highlights

• 2,800 SF retail property
• Located at 1847 South Crater Road in Petersburg, VA 23805

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Law Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

356

Businesses Nearby

89k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 36% Groceries 30% Shops & Services 29% Apparel 4%

Food Lion Grocery Store Groceries

26,324 visits/mo 0.5 miles

McDonald's Dining

15,581 visits/mo 0.4 miles

Wendy's Dining

10,002 visits/mo 0.1 miles

7-Eleven Shops & Services

7,284 visits/mo 0.1 miles

Family Dollar Shops & Services

6,956 visits/mo 0.3 miles

Demographics for 23805, VA

19,656

Population

9,272

Households

2.1

Avg Household Size

44

Median Age

23%

College-Educated

90%

High-School Grad

71.5 sq mi

ZIP Area

275

Density / Sq Mi

$65,811

Median Household Income

$40,759

Median Earnings

$1,207

Median Rent

$208,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail premises offered for sale in Petersburg, Virginia.

Where is this retail space located?

The property is located at 1847 South Crater Road Petersburg, VA.

What are key features of this property?

This property features: 2,800 SF retail property; Located at 1847 South Crater Road in Petersburg, VA 23805