Property summary
This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar store located at 1847 Boydton Plank Rd, Petersburg, VA 23805, within the Richmond MSA. Built in 2021 on a 0.95-acre lot, this property boasts a 6.5-year remaining lease term (expiring 01/31/2031, commencing 02/01/2021) with six, five-year options, each including a 5% rent increase. The property generates a strong net operating income (NOI) of $129,792, yielding a compelling 7.85% cap rate at an asking… price of $1,653,401. The tenant, Family Dollar (a subsidiary of Dollar Tree), is an investment-grade credit tenant with a corporate guarantee, providing significant financial stability. The store benefits from a prime location with high visibility, situated off I-85, experiencing approximately 58,000 vehicles per day, and serving a 5-mile population exceeding 48,090 residents with an average household income exceeding $77,593. The property features the newest Family Dollar interior model, enhancing perishable goods offerings. A roof warranty extends through March 2030. This is a rare opportunity to acquire a well-performing, low-risk retail investment with substantial upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,403 SF
- Lot area
- 0.95 ac
- Year built
- 2020
- Stories
- 1
- APN
- 51070805
- Zoning
- B-2
- Assessed value · 2024
- $1,113,400
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The purpose of B-2 district is to provide sufficient space in appropriate locations for all types of commercial and miscellaneous service activities, particularly along certain existing major streets where a general mixt…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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