601 Old Wagner Rd, Petersburg, VA
6,820+/- SF medical office space near I-95.
- Added:
- Dec 27, 2023
- Days on Market:
- 906
- Last Refresh:
- May 19 at 9:51 pm
Property Features for 601 Old Wagner Rd
General Information
- Standard status
- Active
- Size
- 6,820 SF
- Lot size
- 6.21 Acres
- Property subtype
- OFFICE
Listing agent Nathan Jones License #0225043719
Listing office Dominion Commercial - Corporate (855) 530-2300
Listing date Dec 27, 2023
Source Moodyscre
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 Dominion Commercial - Corporate
HighLights
- 6,820+\/- SF Medical Office space available.
- Located just off I‑95 Exit 48 for easy access.
- Well laid out with waiting area, reception, dual hallways, exam rooms, restrooms and storage.
- Benefit from pylon signage.
- Located at signalized intersection.
- Ideal for Medical Office Use.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.6k | $26.04 |
| − Vacancy | −$14.6k | −$2.14 |
| EGI | $163.0k | $23.90 |
| − OpEx | −$65.2k | −$9.56 |
| NOI | $97.8k | $14.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Petersburg
- County
- Petersburg
- State
- Virginia
- Longitude
- -77.3481
- Latitude
- 37.1901