For Sale
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Property summary
This exceptional 277,408-square-foot warehouse, situated on a 5.03-acre lot in historic Petersburg, Virginia, presents a unique redevelopment opportunity. Built in 1903, this four-story building boasts a Planned Unit Development (PUD) zoning designation, opening doors to diverse development possibilities. The property's prime location offers immediate access to I-95 and I-85, placing it within easy reach of Richmond, VA, and Fort Lee, a significant military installation with a substantial… economic impact. Its proximity to the gateway region, a hub for advanced pharmaceutical manufacturing, further enhances its strategic value. The property is conveniently located within walking distance of local restaurants, breweries, and outdoor recreational areas. The site benefits from its designation as an Enterprise Zone, potentially unlocking access to state and federal tax credits. Existing historic designations streamline the approval process for projects leveraging historic and low-income housing tax credits. Petersburg's multifamily market exhibits robust growth, with sales tripling in recent years and per-unit pricing increasing significantly since 2017. This strong market performance, coupled with limited new development, indicates healthy absorption rates and supports the potential for a successful project. The property's APN is 023-300005, and it is owned by 600 Wythe LLC. This is an unparalleled chance to capitalize on the burgeoning Petersburg market and create a thriving mixed-use development.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2019
Value estimate
· Nov 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
Price anchors at 6 / 6.5 / 7% — in the full report.
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
1 recorded sale · 11 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 277,408 SF
- Lot area
- 4.65 ac
- Year built
- 1994
- Stories
- 4
- APN
- 23300005
- Zoning
- M-1
- Assessed value · 2024
- $3,032,100
- Annual tax · 2019
- $6,791
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2019
- $6,791
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/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
Registration is required before the official district profile is shown.
Official district profile
The M-1 district is intended primarily for light manufacturing, fabricating, warehousing and wholesale distributing, in low buildings, with off street loading, and off street parking for employees, and with access by maj…
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: 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.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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