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Property profile & analytics
OFF-MARKET
Shopping centers

20831 Woodpecker Rd Petersburg, VA 23803

7,800 SF 3.57 ac lot Built 1995
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US87-1451207
Property summary
AI-generated overview

Village Commons, located at 20831 Woodpecker Rd, Petersburg, VA 23803, offers a prime retail opportunity in Chesterfield County. This single-tenant space comprises 8,450 square feet within a larger 50,000 square foot center. The property benefits from a highly visible location in southern Chesterfield County, enjoying proximity to Virginia State University, which boasts a student population of 6,000. This strategic positioning ensures significant foot traffic and potential customer base. The center is shadow-anchored by a Food Lion grocery store, further enhancing its appeal and drawing in a consistent flow of shoppers. The presence of a Dollar General within the center also contributes to the overall vibrancy and attractiveness of the location. This retail space presents a unique chance to establish or expand a business in a well-established and thriving commercial area, benefiting from the established customer base and high visibility. The available space is ideal for a variety of retail uses, offering ample room for customization and development to suit specific business needs. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Property profile
Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1995
Total area 7,800 SF
Lot 3.57 ac (155,509 SF)
Zoning code C5 - GEN BUSINESS DIST
APN 793-61-26-77-700-000
UPID US87-1451207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hoda Investments LLC · 13 yrs held
Hoda Investments LLC
since 2013
1 recorded transaction
2013
$1.2M
Zoning & alternative use
C5 - GEN BUSINESS DIST · Petersburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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