20831 Woodpecker Rd Petersburg, VA 23803
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 - GEN BUSINESS DIST · Petersburg, VAPetersburg. Always verify with local authorities before improvements.
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.