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Residential Land with Commercial Potential
For Sale
Contact for pricing
Pending

2951 S Crater Rd, Petersburg, VA 23805

Vacant residentially zoned land adjacent to senior housing and a proposed apartment development.

Property SizeContact for details
Days on Market122

Property Features for 2951 S Crater Rd

General Information

Standard status Pending
Property subtype Land
Zoning HUD
Listing Agency: Specter Properties, Inc.
Listed By: Mark Specter · License #VA 2255109028
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 12:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Specter Properties, Inc.

Investment Insights

Based on property information with market context.

The property is a vacant land parcel currently zoned HUD (residential). The offering notes potential for commercial uses, providing flexibility for buyers evaluating redevelopment possibilities.

The site is located just off South Crater Road, with close proximity to Wagner Road, I-95, Southside Regional Medical Center, and a retail establishment. It is adjacent to a senior housing development and a proposed apartment development.

Because the parcel’s zoning and nearby residential development context are key components of the current offering, interested parties should review the applicable requirements and permitted uses associated with the HUD zoning and any proposed changes.

Key Highlights

  • Vacant land currently zoned HUD (residential) with potential commercial uses
  • Adjacent to a senior housing development
  • Adjacent to a proposed apartment development

Property Analytics

Current Use

Delta Community Service ... Association / Organization

Suggested Use

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

428
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant residentially zoned land adjacent to senior housing and a proposed apartment development.
Where is this residential land & home lot located?
The property is located at 2951 S Crater Rd Petersburg, VA.
What are key features of this property?
This property features: Vacant land currently zoned HUD (residential) with potential commercial uses; Adjacent to a senior housing development; Adjacent to a proposed apartment development
(804) 777-7070 Call to check price and availability
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