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    Us Rte 460 & Pinetree Dr Petersburg, VA 23803

    For Sale
    Contact for pricing

    4.48 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.48-acre commercial and industrial land parcel presents a unique investment opportunity in Petersburg, Virginia. Strategically located at the intersection of US Route 460 Business and Pinetree Drive, this property boasts 200 feet of high-visibility road frontage, ensuring maximum exposure for any development. The B2 zoning allows for a wide range of commercial and industrial uses, making it ideal for various businesses. The site's prime location offers unparalleled access to a substantial residential population, with over 500 apartments within a half-mile radius, including Acqua, Pinetree, and Liberty Pointe Apartments. Furthermore, its proximity to major transportation arteries, including I-295 (1.5 miles) and I-95 (2.4 miles), provides convenient access to regional and national markets. Utilities are readily available, with water and sewer services already in place. This property is perfect for sale, lease, or build-to-suit opportunities, offering significant potential for developers and investors seeking a high-traffic location with strong demographics and excellent infrastructure. The 23803 zip code ensures a strong local market and easy access to amenities. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 0 Us Rte 460 & Pinetree Dr

    General Information

    Property type
    Land
    Lot Size
    195,149 SF

    HighLights

    • 4.48‑acre commercial/industrial land parcel in Petersburg, VA, with 200 feet of frontage on US Route 460 Business.
    • Excellent location near Acqua, Pinetree, and Liberty Pointe Apartments.
    • Over 500 apartments within a half‑mile radius.
    • 1.5 miles to I‑295 and 2.4 miles to I‑95.
    • Water and sewer utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Petersburg
    County
    Petersburg
    State
    Virginia
    Longitude
    -77.340069152081
    Latitude
    37.204406972193

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    FAQs

    What type of property is this?
    Land - 4.48 Acres, High-Visibility Location
    Where is this land located?
    The property is located at Us Rte 460 & Pinetree Dr Petersburg, VA.
    What are key features of this property?
    This property features: 4.48-acre commercial/industrial land parcel in Petersburg, VA, with 200 feet of frontage on US Route 460 Business.; Excellent location near Acqua, Pinetree, and Liberty Pointe Apartments.; Over 500 apartments within a half-mile radius.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Us Rte 460 & Pinetree Dr Petersburg, VA 23803
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