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62.5 Acres in Petersburg, VA
For Sale
$1,500,000

2557 N Stedman Drive, Petersburg, VA 23803

Land, Petersburg, VA

Property SizeContact for details
Lot Size62.50 Acres
Days on Market138

Property Features for 2557 N Stedman Drive

General Information

Property type Land
Property subtype Other
Zoning description A
Subdivision Walnut Hill
Elementary school Lakemont
Middle school Vernon Johns
High school Petersburg
Standard status Active
APN 036-090001
Lot size 62.50 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 62.50 ACRES
Tax Annual Amount 3969
Legal Description 62.50 ACRES

Utilities

Sewer type Public Sewer, Septic Tank
Water source Well
Listing Agency: Gracious Living Realty, Inc.
Listed By: William Barnes · License #0225018411
Added: Apr 28 Changed: Aug 19 Last Checked: Sep 12 at 7:06PM
MLS# 2611193

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 62.5-acre land parcel is located in Petersburg, Virginia. According to public remarks, most of the groundwork is complete with the city. The property presents an opportunity given the new and ongoing activity in Petersburg, VA. The listing mentions possible owner financing.

Key Highlights

  • Opportunity in Petersburg VA due to new and ongoing activity.
  • Most of the groundwork with the city is complete.
  • Possible owner financing.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Garden Center Parking Lot & Garage Real Estate Agency Cafe & Coffee Shop Skin Care Clinic Catering Service

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

81
Businesses Nearby

Demographics for 23803, VA

44,377
Population
19,826
Households
2.2
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
72.2 sq mi
ZIP Area
615
Density / Sq Mi
$55,820
Median Household Income
$35,122
Median Earnings
$1,132
Median Rent
$208,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Large land parcel available in Petersburg, Virginia.
Where is this commercial land located?
The property is located at 2557 N Stedman Drive Petersburg, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Opportunity in Petersburg VA due to new and ongoing activity.; Most of the groundwork with the city is complete.; Possible owner financing.
More about this property
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