0 Us Rte 460 & Pinetree Dr Petersburg, VA 23803
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.