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Financial
Distress signals
Property profile

601 Old Wagner Rd Petersburg, VA 23805

FOR LEASE
Medical Office Space
Property ID
US87-1731809
6,820 SF 0.46 ac lot Built 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a medical office building with approximately 6,820 square feet of interior space, located just off I-95 Exit 48. The floor plan includes a waiting area, reception, two hallways, exam rooms, restrooms, and storage areas. The site has access to pylon signage at a signalized intersection.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$16k
Tax billed · 2019
Assessed value · 2024$1.20M
Assessed land$50k
Assessed improvement$1.15M
Effective rate1.35%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$225k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$8k
Operating expenses−$11k
NOI · 179,266.67% cap applied$32k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
179,266.67%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
The purpose of planned unit development is to establish and promote the use of land planning and design techniques that will result in th...
General categoryPLANNED_DEVELOPMENT
JurisdictionPETERSBURG CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.3
Auto Parts Store9.4
Restaurant9.0

Location

601 Old Wagner Rd Petersburg, VA 23805
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
210 Medical Park, Petersburg, VA 23805-9338 $10,500,000 May 2025 33,360 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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