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    Property profile & analytics

    1950 Sycamore St Petersburg, VA 23805-2729

    • Retail space
    • 2,905 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US87-1556910
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walnut Hill Pharmacy / Pharmacy / Drug Store
    • Thomas F. Lee, RPh / Pharmacy
    • James T. Magee Jr, RPh / Pharmacy
    • Heather D. Pritchett, PharmD / Pharmacy
    • Jarrett Rocwkell / Pharmacy

    Property Details for 1950 Sycamore St

    Year built
    1954
    Lot size
    0.24 lot acres
    Property size
    2,905 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    55200008
    APU
    55200008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $255,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $265,000
      Mixed-Use
      $290,000
      Hospitality
      $215,000
      Educational
      $230,000
      Residential Income
      $220,000
      Energy
      $250,000
      Income-Based Land
      $220,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Petersburg City
    State
    Virginia
    Longitude
    -77.384
    Latitude
    37.2031
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,079
    $82,900
    $71,100
    $154,000
    -
    $82,900
    $71,100
    $154,000

    Comparable in this City

    • Value Estimation
      $205,000
      1,275 SF

      2791 Crater Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,275 SF
      2791 Crater Rd, Petersburg, VA 23805-2403
      View Details
    • Value Estimation
      $285,000
      6,050 SF

      2538 Crater Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,050 SF
      2538 Crater Rd, Petersburg, VA 23805-2408
      View Details
    • Value Estimation
      $430,000
      4,440 SF

      10200 Crater Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,440 SF
      10200 Crater Rd, South Prince George, VA 23805-7326
      View Details
    • Value Estimation
      $255,000
      6,060 SF

      3030 Crater Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,060 SF
      3030 Crater Rd, Petersburg, VA 23805-9221
      View Details
    • Value Estimation
      $240,000
      0.15 Acres

      20 Seyler Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      20 Seyler Dr, Petersburg, VA 23805-9244
      View Details
    • Value Estimation by Request
      22,361 SF

      3120 Crater Rd

      RETAIL STORES (PERSONAL SERVICES) • 22,361 SF
      3120 Crater Rd, Petersburg, VA 23805-9219
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Land I-95 Visibility

      12+ acres of subdividable commercial land with I-95 visibility.
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    • Contact for pricing
      144.00 Acres

      144 Acres Petersburg Development Land

      Prime Petersburg, VA land, ideal for subdivision. Easy I-95 access.
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    • $450,000

      Prime Petersburg Commercial Land

      6.6-acre parcel, B-1 zoning, high traffic.
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    • Contact for pricing
      1,700,000 SF

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    Similar Nearby for Lease

    • Contact for pricing
      7,384 SF

      Retail Space on S Crater

      Retail spaces available, anchored by Citi Trends.
      2001-2043 S Crater Rd, Petersburg, VA 23805
      View Details
    • Contact for pricing
      993 SF

      Retail Space Near I-95

      Retail space available near I-95 and Southside Regional Hospital.
      2825 S Crater Rd, Petersburg, VA 23805
      View Details
    • $10 SF/Yr
      1,600 SF

      Retail Space in Pinehill Plaza

      Prime retail space in a well-trafficked shopping center.
      3333 S Crater Rd, Petersburg, VA 23805
      View Details
    • $12 SF/Yr
      2,034 SF

      Retail Space in South Crater

      Prime retail space in busy, established Petersburg shopping center.
      3330 S Crater Rd, Petersburg, VA 23805
      View Details
    • Contact for pricing
      13,100 SF

      Retail Building Near Major Roads

      13,100 SF retail building with ample parking available for lease.
      3120 S Crater Rd, Petersburg, VA 23805
      View Details
    • $14 SF/Yr
      50,328 SF

      Petersburg Retail Space For Lease

      Prime Petersburg retail, flexible space available.
      2120 Crater Rd, Petersburg, VA 23805
      View Details
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    Petersburg, VA 23805-2729
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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
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