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Unimproved Lot in Petersburg, VA
For Sale
$79,950

306 Walnut St, Petersburg, VA 23803

Vacant lot suitable for single-family homes development.

Property SizeContact for details
Days on Market120

Property Features for 306 Walnut St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $13
Listing Agency: Weichert Realtors Brockwell and Portwood
Listed By: Matt Smith · License #0225178533
Source: Elliman
Added: Apr 26 Changed: Aug 8 Last Checked: Jul 15 at 8:22PM

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 Weichert Realtors Brockwell and Portwood

Investment Insights

Based on property information with market context.

This vacant, unimproved lot presents opportunities for builders and contractors seeking future growth. The lot features 150 feet of frontage and a depth of 108 feet, potentially allowing for the creation of two or three single-family home lots. Prospective buyers will need to conduct due diligence and establish water and sewer connections for future construction. This lot offers an opportunity for builders to construct homes side-by-side, potentially reducing logistical challenges and costs. The location has a bike score of 47, indicating it is somewhat bikeable, and a walk score of 63, suggesting it is somewhat walkable.

Key Highlights

  • Potential to create two or three single‑family home lots.
  • 150 feet of frontage road access.
  • Opportunity for builders to construct side‑by‑side homes.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Hair Salon

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

201
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot suitable for single-family homes development.
Where is this residential land & home lot located?
The property is located at 306 Walnut St Petersburg, VA.
What is the asking price?
The asking price for this property is $79,950.
What are key features of this property?
This property features: Potential to create two or three single‑family home lots.; 150 feet of frontage road access.; Opportunity for builders to construct side‑by‑side homes.
More about this property
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